Why foreigners buy Property in Phuket?
Many reasons make Phuket island an attractive location for your permanent base, holiday home or place to spend your retirement.
Phuket is a prime tourist destination with amazing natural beauty including idyllic beaches whit white sand, amazing diving, first-class hotels, spas, magnificient golf courses, yacht marinas, a plethora of fine restaurants, vibrant nightlife and excellent shopping. This is the reason why Phuket is named the pearl of south east asia.
Phuket has one of the fastest growing property markets in the world with an increasing number of high quality projects by international or national renowned real estate developers.
Phuket is Thailand’s wealthiest province and also the jewel in the crown of Thailand’s tourism industry, therefore receiving a high degree of protection and investment from the central government in Bangkok.
The cost of living in Phuket is very low compared to Europe, Russia, or other premium resort destinations.
Phuket’s appeal is so strong that it was one of the only places in Asia that was unaffected by the economic crisis 2008.
Rental returns on apartments and villas continue to remain high as more and more holidaymakers are opting for the privacy of a rental property over a hotel room. With more than 6 millions visitors in Phuket for 2012, the demand for holiday rentals will continue to grow.
Infrastructure and services continue to improve at a fast pace. With two international standard hospitals on the island, like the Phuket Bangkok hospital, quality healthcare is available at a fraction of the cost in the West.
English language primary and secondary education is available on the island with international schools that follow the British or American curriculum, including the British Curriculum International School.