Real estate in Phuket: investment potential and prices

The real estate market in Phuket

The real estate market in Phuket is experiencing its peak. Foreign investors are showing great interest in this region. They come here for the pristine picturesque beaches with white sand and clear blue water, lush tropical vegetation, the variety of local cuisine, the humid and hot climate, as well as relatively low daily expenses.

Price per square meter

The price per square meter in Phuket depends on many factors, primarily location and the view from the windows. Apartments with identical layouts can have different prices depending on whether the view is of the sea or the mountains. Generally, the further the property is from the coastline, the lower its price.

Prestigious neighborhoods

Bang Tao and Laguna are the most expensive and prestigious areas to live in Phuket. Laguna is considered the true jewel of Phuket, home to the most luxurious hotels, villas, and condominiums. This resort offers the opportunity to fully relax and enjoy a connection with nature. Property prices in Laguna can start from $142,000.

Factors of buying real estate in Phuket

One of the factors influencing the purchase of real estate in Phuket is the price. Properties here are significantly cheaper than similar real estate in European resorts. Although Thailand is not among the "Asian Tigers" like Singapore, Hong Kong, South Korea, and Taiwan, this region promises great prospects for investors. The demand for real estate in Phuket also remains stable, making it an attractive option for purchase.

Real estate in Phuket: a variety of options

Phuket Island offers a huge selection of real estate - from investment condominiums to luxurious villas. Prices range from a few hundred thousand dollars for modest square footage to several million for luxury homes over 700 square meters.

Real estate in Laguna Phuket

There are more than 22 real estate options in Laguna Phuket on Tranio's website. For example, in Layan. you can buy an investment condominium with an eco-concept and a guaranteed yield of 5%, which will be ready for use by 2027. It is also possible to buy modern apartments surrounded by picturesque nature, also in Lajan and with a similar delivery date.

Bang Tao: attractive real estate options

In other areas of Bang Tao Beach, there are also attractive real estate options available, ranging from affordable condominiums to luxurious villas. The infrastructure in this area is conveniently located along Boat Avenue, providing access to all the amenities for comfortable living. Additionally, there is an entertainment complex with a water park nearby.

Seclusion in the north of Bang Tao and the tranquility of Layan

The northern part of Bang Tao Beach is perfect for those who prefer solitude and tranquility. The landscapes of Layan amaze with their silence and beauty, contrasting with the noise and hustle of city life. Housing prices in the Layan area range from affordable condominium prices to millions of dollars for luxury villas.

Selecting real estate in Bang Tao

If you are interested in purchasing real estate in the Bang Tao area, we have 116 properties for you to choose from. You might consider buying a new elite residential complex near Bang Tao Beach, which will be completed by 2026, or opt for a new complex of magnificent villas with pools in Thalang, built in 2023. Another option could be an exclusive residential complex within walking distance of Bang Tao Beach, scheduled for completion in 2025.

Phuket: not just beaches and the sea

Phuket is not just beautiful beaches.

Phuket: A Paradise Resort for Real Estate Investments

On the beautiful island of Phuket, where the sun's rays caress the palm-lined beaches, there are villas and apartments, representing a real paradise for vacationers. apartments, which are a true paradise for vacationers. This southernmost island of Thailand attracts tourists with its unique landscapes. tourists with its unique scenery, warm sea and huge potential for investment in real estate. real estate.

Bang Tao Beach

One of the beaches, Bang Tao, offers a studio of about 30 square meters for sale not far from the shore for $157,000. There is also an option for a spacious studio in a residential complex with pools and a fitness center, located 850 meters from the beach, for $132,000, with completion expected in 2025.

Layana

In the north of the island, in Lajana, an investment condominium is available with a secured income of 5% from $131 000. Spacious apartments surrounded by nature are also available from $202,000, to be delivered in 2027. year.

Kamala Beach

Kamala Beach is renowned for its prestigious residential area, which even includes the residence of the King of Thailand. Here, you can purchase real estate starting from $90,000 - new residences with a pool and garden just 800 meters from the sea.

Rental Business and Exclusive Options

For those interested in the rental business, furnished apartments are available in a residential complex by the sea starting at $97,000. For connoisseurs of exclusivity and comfort, new apartments in a residential complex with excellent infrastructure near the beach are an ideal option, starting at $302,000.

Real Estate in Kamala Beach

Real estate on Kamala Beach ranges in price from $135,000 for 38 square meters to $450,000 for 72 square meters. It's especially worth noting the 45 listings on Tranio. The eastern part of the beach is considered calm, while the western part is popular among tourists.

Katu

For those dreaming of their own home, cozy villas are available in the Katu area starting at $351,000. There are also two-bedroom townhouses just a few minutes' drive from Kamala Beach for $173,000.

Karon and Kata beaches

The beaches of Karon and Kata, located on the southwest coast, also offer their unique real estate for investment and vacation. These beaches open up new opportunities and options for your investment in Phuket real estate. Phuket real estate.

Rawai and Nai Harn beaches in Phuket

Rawai and Nai Harn beaches are located on the southern coast of Phuket Island and represent picturesque natural spots with crystal clear water and white sand. One of the key and amazing elements of these beaches is their incredible landscapes with bays surrounded by hills, which create a unique atmosphere of natural beauty. The entire beach is lined with palm trees, and a walk along the shore by the sea will be a true delight for vacationers.

Swimming season and infrastructure

The swimming season on the beaches of Rawai and Nai Harn lasts from November to April, but in other months, it's better not to take risks due to unsafe currents. The infrastructure in these areas is well-developed - you can find many restaurants offering dishes from various cuisines, including Russian. Locals and expats prefer to choose housing in these areas, where there are international schools, hospitals, and large seafood markets.

Real estate market

Properties in the Rawai and Nai Nagp area have different price ranges. For example, the cost of condominiums range from 105 thousand to 525 thousand dollars per square meter, while villas can be purchased from 387 thousand to 529 thousand dollars for a different area. buy from 387 thousand to 529 thousand dollars for different areas.

Real estate in Chalong: an oasis of luxury and comfort

Chalong on Phuket Island is known for its diverse selection of real estate. A new project with villas and pools, surrounded by nature, offers a vacation in a comfortable environment. The complex of villas next to golf club and school promises high returns. Modern apartments with swimming pool and access to shopping centers create an ideal place to live. centers create an ideal place to live.

Villas by the beach and investment opportunities

If you want to feel the sand beneath your feet every morning, the new residential complex by the beach offers private pools and amenities for comfortable living. A five-bedroom villa will be your sanctuary in a prestigious area of Phuket, surrounded by luxury and beauty.

Investing in real estate in Phuket

Considered one of the most attractive areas for investment, Chalong offers both affordable options and luxury real estate to suit every taste. By choosing your investment strategy, you can purchase a villa for your family or direct your investments into the rental business on the island's best beaches.

Factors affecting prices

The price of real estate in Phuket depends on several factors. The island is a limited The island is a limited area with limited land resources. Infrastructure development and new construction are driving up prices. The interest of foreign investors, the economic stability of Thailand and geographical The island is a limited area with limited land.

The variety of real estate in Phuket

Both affordable options and luxurious properties in Phuket are equally attractive. Different areas of the island offer investment opportunities, whether for personal use or commercial activities.

Factors influencing the real estate market in Phuket

During the COVID-19 pandemic, many workers in the tourism and construction sectors on the island of Phuket were forced to leave in search of jobs in other regions of Thailand. This led to a labor shortage after the pandemic, which contributed to rising prices for labor and real estate.

Continued interest of foreign investors

Since the very beginning of tourism development on the island of Phuket, there has been a noticeable increase in interest from foreign investors in real estate. The interest of representatives from various countries has changed over time: from Americans and Europeans to Russians, Chinese tourists, and residents of Southeast Asia.

Tourist appeal

The price of real estate on the island directly depends on the attractiveness of a specific tourist spot. For example, housing near a popular resort will cost more than similar properties in another part of the island. An important factor is also the sea view and proximity to the coast - properties with these features are always valued higher.

Sustainable economy of Thailand

Thailand's economy plays a significant role in Phuket's investment appeal. It It has been stable and prosperous despite the global crises of recent years. Factors such as the exchange rate baht and inflation rates remain stable, attracting investor interest, including in the real estate sector. real estate.

The real estate market in Phuket: unique opportunities for investors

The real estate market in Phuket stands out from other places due to the absence of a mortgage "bubble." Foreigners looking to buy property on this amazing island do so with their own funds, which indicates its stability. Favorable geographical location and social factors contribute to a steady increase in housing prices in the future. Additionally, investing in real estate in Phuket can generate income in the form of rental payments.

Maximizing rental income from housing

In order to maximize rental income in Phuket, experts recommend investing in in condominiums with professional hotel management in the resort area of the island on the west coast. Having a license allows for short-term rentals, which increases profits for the investor. The management company can offer a variety of rental programs, including guaranteed income and rental pool.

Guaranteed income and rental pool

Guaranteed income means that the management company takes on all expenses related to renting out the apartments and guarantees the investor a fixed annual income based on the property's value. The rental pool scheme involves pooling the revenue from all the apartments in the complex and dividing the income among the owners. With high tourist traffic, an investor can expect up to 15% annual returns.

Hybrid scheme for diversity and appeal

The hybrid scheme is another option for investors, allowing them to earn income from both sea-view apartments and those without. This provides a broader and more diverse range of investment opportunities in real estate in Phuket. Thus, the residential real estate market on the island offers great prospects for investors, both in terms of price stability and guaranteed rental income.

Investing in real estate in Phuket

The company offers investors a guaranteed annual percentage with commissions, and surplus profits are distributed between investors and the management company through the Rental Pool principle. Owners can agree to change the rental program after the end of the contract. The profitability of rental properties in Phuket is closely linked to the tourism sector. Rental programs help to reduce risks for investors, by transferring all possible issues to the management company.

Tourist dynamics in Thailand

In 2023, Thailand continues to recover from the pandemic, and the tourism sector has already shown positive dynamics since the beginning of 2022. A significant increase in tourist flow to Thailand is expected in the coming years, making the current moment ideal for investments in real estate that promise high returns in the future. There is also a growing number of expats, with Russians playing an increasingly significant role in this process. In January 2023, the number of Russian tourists in Phuket reached 202,000, placing Russia second among tourist countries (after Malaysia) and first among non-Asian countries. The increase in Russian tourists positively impacts rental yields on the island. The more Russians visit Phuket, the more popular it becomes among them.

As the author of this article, I would like to emphasize that Phuket remains one of the most attractive places for real estate investment in Thailand. Although prices depend on the location of the property and its view, they still remain affordable compared to other global resorts. This is due to the fact that the island has a limited supply of land, and its economy remains stable thanks to the constant demand from foreign investors and tourists.

Bang Tao and Laguna Phuket are not only the most expensive areas on the island but also the most desirable for investment, thanks to the diverse infrastructure and top-notch real estate available on the market. Investing in property in Phuket can be profitable in terms of rental income and can also significantly increase capital in the medium and long term.