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Learn more about the Phuket villa market through trends and average prices.
Being referred to as the breath-taking paradise in Thailand, Phuket attracts many travelers from all around the world to visit its finest beach destinations which have fine white sands, glittering crystal-clear seawater, marvelous coral reef, and the beautiful lively towns. Further, one can also enjoy the thrilling speedboat trip to visit nearby tropical blisses like the famous Phi Phi Islands and even can take a serene cruise around the mystic Phang Nga Bay. There is a range of outdoor tours for both sunbathers and scuba divers to enjoy.
This huge island in Thailand has something to offer all tastes and Budgets and is a very inviting destination to visit. The Island is linked to the Mainland via a bridge that makes it easily accessible from the international airport which is just 30 kilometers away. This makes it an excellent place to live and to invest in properties. As a result, the strength of real estate investors, tourists, and other unit manufacturers have incredibly increased to about 19.2 percent level of the total GDP of Thailand, from the report of the National Economic and Social Development Council.
Phuket villas are designed in accordance with the tropical climate. Quality materials are used to construct fully furnished and highly functional dream villas, which usually occupies an indoor area of around 450 square meters. Further, this island holds both the standard residential type of villas as well as the luxury ones that are situated very close to the prime location areas like Kamala, Surin beach, Nai Thon, Bang Tao, Layan and Laguna all of which are on the North West coast of the Island. There are also splendour villas located on the South West coast regions including Kata, Karon, and Nai Harn. While considering the East coast area, modern and traditional villas can be found in the top destinations like Bat Lagoon, Cape Yamu, Royal Phuket Marina and even in Cape Panwa.
Most of these villas are available within an affordable range starting from around $255,003 for a two-bedroom villa that comes with a private swimming pool. However, the rate of villas show a hike along the coast, but inland they remain at a very competitive rate.
Different from other Thai islands, Phuket has exclusive towns that are rich with experiences and cultural living.
While some like to spend their time on the beaches and that’s what they go on Holiday for, others opt for nightlife scene and trying out the different kinds of seafood that are available to them. There are lagoon beaches in Laguna, tortoise seas and more, that you can explore via hiring long-tail boats on these Freedom beaches. There are also exciting waterfall spots with one located in the old city of Kathu.
Apart from all of the entertainment, Phuket is known for its good medical care and currently, is one of the world’s leading spots for cosmetic surgery. Also, Phuket has a wonderful climate and friendly locals, where the people are known for their openness and warmth and embrace their traditions. They are often seen dressed in comfortable western outfits and opt to wear the traditional wears only during special ceremonies and celebrations.
There are many forms of Transport available to get around; you can get tuk-tuks and taxis anywhere in Phuket which runs on meter charges. Also, mini-buses called song-threw are available for local transportations that has fair charges and which run to 6pm. Car rental is available at reasonable prices. So, with the growing tourism in Phuket, living and lifestyle practices in this island are gradually evolving.
If you are specifically planning to make a property investment then Phuket should be among your first choice of preference. Here are the top four reasons for investing in this vibrant place.