You’ve heard about family and friends buying their own luxury condo in Phuket, making it their home away from home whenever they want to escape the hustle and bustle of daily life. So now that you have the money to make a property investment, you’re thinking about doing the same thing. But why should you give it a go?
Phuket is prime real estate.
Phuket received more than 8 million tourists last year, and a lot of these people stayed for at least a week on the island. This is why Phuket has a very high demand for holiday rentals since these condos are not only cheaper than five-star hotels, but they also feel more like home. In fact, properties on the island, especially those near the beach or those with beach views, have seen consistent capital appreciation over the last few years.
Having a luxury condo in the area doesn’t only give you the convenience of having a place to stay whenever you’re in Phuket but also the opportunity to earn from your property through rentals when you’re not using it. You just have to purchase a condo, have it managed and enjoy good returns throughout the year.
Phuket gives you the laid-back beach lifestyle.
If you want a home away from home, Phuket has you covered. This beautiful island enjoys sunny weather for most of the year, so you can spend long days at the beach soaking in the sun and leaving your stresses away whenever you’re on vacation. Having a condo on the island gives you the luxury of visiting Phuket whenever you want since you don’t have to worry about the cost of staying in a hotel. In fact, a lot of tourists from around the world choose Phuket as their retirement destination since it offers a more laidback beach lifestyle where everything is slow and more relaxed.
Phuket makes it easy for foreigners to own property.
One of the biggest advantages of buying property in Thailand is its foreign freehold law. Unlike most countries where you have to go through a long and tedious process just to own a property, the law in Phuket makes it legal for foreigners to own a condominium on the island. You don’t need to be a citizen just to purchase a property in Phuket and the requirements for ownership are not as stringent as in the other parts of the country.
Finally, living in Phuket means having access to amenities that let you enjoy luxurious living. Luxury condos here have everything you need—from beautiful units to swimming pools. It feels like living in a five-star hotel without the hefty price tag. The island also has many dining and shopping options, not to mention a bustling nightlife scene where you can party from day to night if you want to.
So if you’re ready to buy a piece of paradise as your investment, get in touch with us to see our wide variety of luxury condo units available on the market today.