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Find the latest rental rates on the Phuket property market
Phuket is the largest island in Thailand spread over 222 sq mi. Owing to its appearance the name of the island was derived from the word bukitin Malay which means hill. In the Patong beach, as early as the 1970’s beach bungalows started attracting tourists. This marked the beginning of the tourism on the island and there has been no turning back. The island that was once known as a popular supplier for tin and rubber is one of the largest tourism hubs in Thailand, today. Whether it is to set sail on a yacht over the weekend or to have a lazy beach vacation, this island has a lot to offer for the tourist. How is the island as a place of residence? Imagine living on a beach holiday villa, every day! Besides the blue beaches and the hot and humid weather, there is so much more to do on this beautiful island.
With the growing demand for properties to rent and with the ever-increasing population, the island has plenty of condos, houses, villas, townhouses, and apartments available to rent. The rental rates dropped in the year 2018 and have been pretty stable since then. Whether you are planning to settle alone or with your family, there is a wide range of properties to explore in Phuket. There are plenty of posh villas that you would be able to rent in the scenic district of Choeng-thale For those looking for a central location, that is also close to the popular tourist destination, Karon is an ideal spot and this is an area dotted by several popular apartment complexes with great amenities. This is a great location for those looking for a compact condo/Apartment where all the prominent spots on the island are easily accessible. So, whatever lifestyle you want and whatever your rental budget is there are properties to suit everyone’s requirements.
Being one of the most populous areas in the country Phuket is also teeming with tourists nearly all round the year. There are people of Malay descent and Chinese descent besides plenty of other immigrants. This party province is also a great place to reside with the family. Here are some of the most popular neighborhoods in Phuket known for residential settlements. So finding a rental property in any of these locations would fetch the best value for your rental expense and also keep you connected with the rest of the country.
If you are looking for low budget rental accommodations including furnished condos then Kathu area offers plenty of options.
Being one of the most popular tourist destinations in the world this island also has an ever-growing job market and Medical Facilities. Besides the tourism industry, the island is also known for the mining business and rich plantation activities. So there is a diverse assortment of jobs available. Phuket has a slightly higher cost of living than most other parts of Thailand. It is also the place where you should be heading if you are looking to rent a lavish resort or beachside villa. This place has some of the best luxury homes in the country for sale and for rent. Phuket’s real estate has always been known to be growing and there are plenty of people from other parts of the world who buy property on this island. So finding a rental property that fits your requirements can be easy and quick.
There is the irresistible benefit that you get to explore the many beaches during the weekends and try out any number of different outdoor activities. So every weekend can be a memorable holiday, not to forget the adventure water sports you can try! The diverse culture here is warm and welcoming for people from all over the world.
Property in Phuket is available for rent on a long-term basis. Those interested in renting property in Phuket should consider the following neighborhoods: Patong, Kata, and Kamala. Patong is the most popular destination for tourists, and as such, it is also the most expensive. Kata is a good middle-of-the-road choice, offering reasonable prices and access to amenities. Kamala is the quietest of the three options and may be the best choice for those looking for a more relaxed atmosphere. All three neighborhoods have a variety of property types available for rent, from apartments to villas. Foreigners looking to rent property in Phuket will find that there are plenty of options available to suit their needs.
Phuket rental properties cost on average ฿25,000 - ฿40,000 per month. This long-term rental price range is for a typical 3-bedroom house in Phuket. Property prices and rental rates will of course vary depending on the size, age, condition and location of the house. Houses in prime locations such as near the beach or in desirable neighborhoods will be at the higher end of this price range. Older houses or those that need repairs will be at the lower end. If you are looking for a bargain on your long-term rental, it is best to search during the low season, when there are fewer tourists and demand is lower. When considering how much it costs to rent a house in Phuket, be sure to factor in utility costs and any furnished or unfurnished options that may be available.
Foreigners can rent property in Phuket for both short- and long-term stays. For those looking to rent on a long-term basis, there are a few things to keep in mind. First, it is important to have a valid visa. Second, you will need to submit a photocopy of your passport, as well as a recent photo. Third, you will need to provide proof of income. Lastly, you will need to sign a rental agreement. Once all of these requirements are met, you will be able to rent property in Phuket on a long-term basis.
Phuket is one of the most popular tourist destinations in Thailand, and as a result, there is a strong demand for rental properties. The high season for tourism runs from November to April, and this is typically when prices for rental properties are at their highest. If you're looking for the best deals on rental properties, you may want to consider searching during the low season, which runs from May to October. Although there will be fewer tourists during this time, you'll still be able to find a wide selection of properties to choose from. And with lower prices and fewer crowds, the low season can be an ideal time to enjoy all that Phuket has to offer.