Buyer's Guide

The point is that the financial crisis has come is obvious for everyone. People from all over the world nearly fell in their anxiety to save money. Is there any way to rescue capital? It may sound strange but the answer is if you want to keep fund, you should buy Phuket real estate.

The most typical question is whether a foreign natural person can own a plot of land in the country of 1000 Smiles? There is only one answer: no. Moreover, aliens have not rights to be the owner of more than forty nine per cent of a company stocks set up in the Kingdom and owned the land. Nevertheless, there are completely legal ways to solve it.

Phuket is a meeting point for people with different views from various cultures. Today it has formed some kind of community with a very vivid and rich social life. Buddhist culture has taught Thai people to be very hospitable and cordial towards every guest.

Phuket real estate market promotes a new trend. Today developers offer projects with a guaranteed rental income. How does it work? The developer building apartment complexes, then set up a management company or hires a famous a hotel chain, for example, Sheraton or Movenpick, which attracts tourists.

Sometimes it is difficult to understand all intricacies of legal norms and rules that govern search and purchase of Phuket real estate. Let's try to clarify some juristic nuances together.