How to properly buy a villa or apartment in Phuket in 2024?
Which Thai real estate investments are really reliable and will not bring disappointment in the future?
We ourselves live and actively invest in real estate in Thailand and based on our own experience, as well as on the experience of our clients, we have prepared these recommendations for you.
Phuket real estate is currently experiencing an upswing after the Covid-19 pandemic. The deferred demand for the purchase of real estate in Thailand has fully worked, and the rapidly strengthening ruble opens up profitable investment opportunities for an increasing number of investors from Russia.
The long-term forecast characterizes the real estate market of Thailand as growing. The lifting of quarantine restrictions on entry into the country will increase the tourist flow of the 2022-2023 season to the pre-crisis level. Given the events in the world, Thailand compares favorably with other countries, remaining a reliable safe haven for international investors, outside politics and with clear, decades-old rules of the game.
All Russians planning to buy real estate in Thailand will be interested in the news about the resumption of regular flights between Russia and Thailand from November 7, 2021. Now it will become much easier to buy a villa or apartment in Phuket!
As before, the main options for entry remain:
The requirements and procedure for entry to Thailand for both options were significantly revised and simplified before the start of the high season 2021-2022.
When buying a property in Phuket, our Sky Property real estate agency will help you to issue all entry documents and book AQ (ASQ, ALQ) or SHA+ hotel.
Some unscrupulous developers during the crisis by any means try to sell their goods, not disdaining any even the dirtiest means.
Consider the case when the developer refuses to work with agencies and begins to advertise themselves in full, and even promoting the idea that it is more profitable to buy real estate directly through the developer.
At one time, I happened to live in Pattaya for more than a year before moving to Phuket. So I have a complete understanding of the essence of the issue and can compare these two colorful regions.
I remember the noise of cars well. Wherever you live, within the city limits, there is a constant monotonous hum or a sharp crack from motorbikes with custom silencers. There are of course also quiet places, such as the residences of villas and private households behind Sukhumvit, a place that the locals call the” dark side " (dark side) and do not recommend to wander there after sunset.