Phuket Real Estate

If you are considering to buy a condominium in Phuket, there is no better time than now! As you may have already seen the island is booming with new hot investment projects, to help cater to the growing rental market. 

The ASEAN Economic Community (AEC) comprising 10 partner countries has started its work in December 2015. The main objective of this community is to facilitate a free flow of investment, labor, trade, and business activity within ASEAN.

For many years Thailand has been an island of stability in a stormy sea of investments. The reason is quite simple, the rollback of the global economy after the global financial crisis coincided with the flourishing trade of real estate on the largest island of Thailand.

Perfect weather conditions, low cost of living and famous beaches make the largest island of Thailand highly attractive for private investment capital. Stable balance of supply and demand in the same sector in Europe and Central America also plays an important role in this subject.

Unlike many countries, the Kingdom of Thailand does not provide foreign investors with special visa conditions or preferences in obtaining a residence permit for staying in this wonderful country. However, this fact does not affect much those who are going to buy villa in Phuket and earn money renting it out further.