Besides its pristine waters and gorgeous climate, the island is likewise home to a generous number of diving spots, hotels, restaurants, nightlife spots, golf courses, shops, and spas. The island is renowned for its well-designed infrastructure. This makes the island especially attractive to retirees as well as medical tourists. It was quite underdeveloped up to several decades ago but is continuously developing at an amazing rate. The schools are open to all nationalities. Phuket also has multiple top-caliber schools for families with young children. Secondary education is within easy reach. They are particularly friendly and helpful to foreign nationals who need assistance when they’re new to the island. Charge reasonable fees. English language primary. Expect them to give you a genuine smile. Offer help when you need it. The island features a unique and mouth-watering cuisine that both locals and foreigners delight in. There are a number of seafood dishes available in restaurants. Other dining options across the island.

Phuket is known as a leading supplier of some of the world’s tastiest cashew nuts, so many restaurants in the island serve gai med ma moung, a stir-fried chicken dish with cashew nuts, sweet soy sauce, honey, garlic, and dried chilis (tip: it goes well with steamed rice). Spices like turmeric, cumin, cloves, and aniseed are quite popular here, and their curries are richer and creamier. Condominiums, in particular, have grown steadily and become a popular purchase among foreign buyers in the recent decade. Many international developers are constructing projects across the island. It strictly implements laws that safeguard the natural environment in the island. You can use a lease contract deal that spans a term of 30 years, and this contract may be renewed or extended by up to two times. Set height restrictions for real estate projects. You will be considered the rightful owner of the freehold throughout that time period. Through this option, a foreigner can hold a property for up to 90 years in total. The reason for this is that the material asset will be taken out from the estate. It will then be considered the owner of freehold land that’s filed under the company’s name. However, do note that a foreign owner can no longer assert ownership of his or her property after the contract period elapses. One of the company’s owners or investors can hold up to 49 percent, and two or more foreign shareholders are permitted. The foreign national can then serve as the company’s managing director, thus possessing power over voting control and other shares, together with absolute authority of the acquired real estate property.

Thailand provides something for everyone. Thailand also has a sophisticated side to satisfy discerning visitors. Its up-market shops and hotels offering multinational cuisine, throbbing night life and resorts – one can even get a pedicure while relaxing on the beach. Accommodation is available to fit any budget – resorts, hostels, even huts. It has a vibrant city center with lively bars, cabaret shows and restaurants – it is a place where one can enjoy family water sports. Phuket town sports, colonial buildings and throbbing market stalls; it also offers great night life for those who like to be entertained till dawn. A city that knits the old and the new – from modern skyscrapers to ancient holy temples, the changing sounds, smells and sights are a great holiday draw. It is a laid-back resort with azure waters. White sandy beaches framed by limestone cliffs. It is one of the most unspoilt regions of the country with beautiful rain forests. An elephant ride through the jungles, a swinging jungle adventure or a visit to hilltop villages are ways to escape from the modern world.

Phuket monthly house rents have fallen by around 3.5% although apartments have fallen by much less or remained stable. It must be stressed that luxury, high quality residences do not usually reflect a downturn. I urge all owners again to remember that real estate pricing is cyclical and local and small fluctuations can occur constantly depending on sample size, number or sales, type of properties, season and of course statistical error. Overall apartment yields have held up a little better than houses, but apartments generally have appreciated in value by less than houses. Without question rental prices are under pressure to move upward due to the upcoming high season and additional building will meet & satisfy demand. There are many who cannot afford to enter the sale market due to factors including lack of deposit, unemployment, underemployment and choice. Wages will always be a major factor in limiting rental values. Despite the current economic climate property still represents a very valuable long term investment. This is unlikely to change in a market that does not depend on mortgage driven entries.

Phuket long-term rentals, including condo and villa rentals. The main hall features avant-garde furnishings. This spacious 5 bedroom villa represents the ultimate in luxury. A cathedral ceiling with massive windows overlooking the sea. A large terrace and deck lead to an impressive infinity edge swimming pool with a sala and sweeping ocean vista. Internal area: 2,046 sq. m. Total area: 4,315 sq. m. Page viewed 1,001 times, 0.2 views/day. A brand new, top quality villa with panoramic sea views. The ultimate sea view villa; pure luxury is abound in relaxing mountain surroundings. Total area: 1,161 sq. m. Page viewed 1,355 times, 0.3 views/day. The 3-level villa offers 1,334sqm of usable space, 4 bedrooms, 5 bathrooms, private swimming pool, modern kitchen, 2 private parking spaces, and maid’s bedroom and bathroom. This luxury abode showcases wonderful sea-views directly from the pool. Internal area: 1,334 sq. m. Page viewed 4,025 times, 0.7 views/day. Total area: 682 sq. m. Page viewed 5,664 times, 1.1 views/day. Page viewed 2,149 times, 0.4 views/day. Page viewed 1,216 times, 0.3 views/day. The bedrooms sit their own wings, ensuring maximum privacy and views for all of your guests. Internal area: 1,902 sq. m. Total area: 5,103 sq. m. Surrounded by the natural hillside forest and tropical gardens, this is a true paradise villa. Page viewed 749 times, 0.2 views/day. Total area: 1,600 sq. m. Page viewed 2,719 times, 0.5 views/day. Internal area: 700 sq. m. There is an open plan living, dining and kitchen area. The bedrooms and walkway connect the pool to the spacious living area. Total area: 250 sq. m. The elegantly appointed villas are a great alternative to a hotel, enabling you and your guests to have freedom, privacy and space.