Phuket Condos are ideal for holiday homes

Posted by David Henry on May 25th, 2019

The real estate market of Phuket is booming with investors from all over the world who descend here to enjoy the peace and tranquility of the tropical paradise. If you are looking for attractive return on real estate investment then Phuket has plenty of luxury seafront villas, condominiums and apartments which have shown considerable appreciation over a period of time and are bound to appreciate in future. 

Phuket is one of the most sought after holiday destination of Thailand where millions of visitors from across the globe come every year to enjoy the scenic ambiance and moderate climate of the region. In the past two decades foreigners have shown great interest in investing in Phuket real estate and Phuket condos have really caught their imagination as they can be converted into vacation rentals and holiday homes. These condominiums are a great value for money and are worth investing if you are looking for long term gains.

Located near the pristine beaches, Phuket condos are one of the most exciting developments on the island and are equipped with all the modern comforts and amenities for a pleasant stay. If you are looking for a seaside holiday home then Phuket condominiums are ideal options as they are much lower priced as compared to Mediterranean and Caribbean islands. The economic development and robust infrastructure of Phuket has resulted in exponential growth of real estate on the island where world class properties have mushroomed in the form of luxury condos and apartments. Once you decide to buy a condominium in Phuket it is recommended to hire a good real estate agent who can get you a good deal and familiarize you with legalities involved.

Phuket condos feature quality interiors and can be fitted with custom made furniture and gadgets as per your requirements. Most of these condominiums are in a secured gated complex therefore security is never an issue. The vibrant neighborhood has local markets, restaurants, public transport, schools, hospitals and Phuket has its own international airport. These condos can be easily rented out as vacation homes and are sure to appreciate in the years to come offering guaranteed returns. Phuket condos are listed on several real estate portals that offer an in depth knowledge of the properties available on the island. These portals feature high resolution images of the condos and other properties and you can gather information about their price and services offered.

If you are buying a condo in Phuket as second residence then the island has condos by the beach, town or in the forests. They cater to couples and individuals looking to be close to nature and unwind in the exciting surroundings. The condos are fully fitted with basic amenities and come with a swimming pool, Jacuzzi, gym etc. The average return on investment for Phuket condos varies from 5% to 7% and one and two bedroom condo units generate the highest ROI for investors. Due to the increasing number of visitors every year, the demand for rental condos is growing fast in Phuket which makes it ideal for real estate investment. Some of the popular locations for buying property in Phuket are Kata, Kamala, Rawai, Patong, Surin and the Laguna area.