   
IndependentInt
Posts: 1
Joined: 21/4/2008
|
 Phuket. A buyers guide
|
|
|
Property is booming in Phuket and villas tend to be a popular investment for foreigners due to Phuket's tropical setting. It boasts lovely beaches and a hilly interior that provides fantastic views and opportunities for secluded developments. The choice of location, style, functionality and luxury are all encouraging to those thinking of buying villas in Phuket.
The Phuket villa market is heavily supported by English speaking agents; these include Independent International, an Independent Property Agent, specialized in the brokerage of exclusive properties. With prices for selected properties rising by 50 to 100% between the launch of a project and the transfer of title deeds, it is there to see, for whichever reason you may choose to buy ie. investment, holiday home etc. that to buy in Phuket is a fantastic opportunity not to be missed. Many foreigners are thinking of buying villas as second or retirement homes in Thailand, and Phuket is usually the first choice. Although condos and standard residential houses also make up the property market, it is villas that have gained the most demand in recent years since they most effectively fit the typical lifestyle model that is desired.
A typical high end-premium Phuket villa has upwards of 300m2 of interior space, two to four bedrooms with en-suites, a private swimming pool, gardens and a sea view or mountain view. These types of properties have an expensive price tag though, starting at 40 million baht. These include developments such as Phuket Pavilions at Layan. More modestly priced properties such as Layan Gardens, Lakewood Hills, Sujika Gardens in the Layan, Bang Tao and Cherng Talay areas are impressing foreign investors. These types of properties begin at around 13.5 million baht and are pitched mainly at Hong Kong and Singapore ex-pats as well as a healthy supply of Europeans and an increasing number from Russia and the Middle East.
Most Phuket villas are advertised well in local newspapers along with a variety of estate agents and lawyers advertising their services. Property in Phuket is sprinkled everywhere, with estate agents almost on every corner, so you can always investigate this way. Buying villas in Phuket doesn't require much leg work since there is a very well established property infrastructure dominated by foreign personnel. Mostly the villa developments have gone up along the sought-after West coast - on the peripherals of the popular bays such as Patong, Kata and Kamala. The prime land is still dominated by commercial developments such as resorts.
Since Phuket villas on the West coast are becoming increasingly unaffordable to most, developers have now been looking to the east coast and North, where land is cheaper.
When buying villas in Phuket, your best piece of advice is to rely on the reputation of the developer, their track record, and the performance of the project to date. Almost all villa projects in Phuket can be considered good investment options due to the growth in demand on this island. It's also advisable to take your time and familiarize yourself with the island, the area you are interested in buying villas in, and Phuket's character in general. You may not want to be living permanently among the crowds of tourists that arrive during the season, but some developments are also a little too remote.
My name is Debra Turton, I am an Independent Property Broker here on Phuket Island. I specialize in the 'High-End' market on the island. I offer a VIP, fun, enjoyable time for would-be buyers and will go beyond the call of duty to meet a clients needs.
Consultation and construction services offered
For further information about the properties listed above or for more listings including exclusive land plots available around Phuket, please use the options below.
The Best of Regards and Sincerely Yours
Mrs Debra Turton
Independent International
independentinternational@gmail.com
+44 (0) 77 049 088 04
< Message edited by IndependentInt -- 21/4/2008 1:30:00 PM >
|
|
Printable Version
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread