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Why Choose to Invest in Property in Phuket?
Whether you are searching for a place to relocate soon or to retire one day, or you are looking for the best possible return on your property investment, the fundamental reasons to choose Phuket are basically the same:
The wide range of attractions combined with good infrastructure and convenient airline connections have made this beautiful island extremely popular as a tourist destination and home of choice for many foreigners.
Because of this and the still reasonable prices, property investments on the island generate high regular returns, and property values continue to appreciate even during difficult times.
What's so special about this island?
Annual Reader Surveys by major travel magazines continually confirm the perception of Phuket as one of the most enchanting travel destination in the world. The friendly people and the absence of security problems guarantee a completely relaxing stay. Because of the physical beauty of the island and its wide variety of attractions, Phuket is seen by many experienced travelers as the "Ultimate Island".
Living in Phuket
Phuket is situated on the south-western coast of Thailand about an hour's flight from both Bangkok and Singapore. Frequent direct flights connect Phuket to many places around the world.
There are several International Schools on the island, and all kinds of imported food and drinks are available. Full-time cooks, maids, gardeners, drivers, etc. are easily affordable which contributes to the low costs of living very comfortably in Phuket.
Medical services are provided by local hospitals and international clinics of a very high international standard.
If you want to do business, you can register a PMA (Foreign Investment) company which will entitle you (and your dependents) to a Resident Visa and Work Permit. Retirement Visas are available for anybody above 55 years of age.
The Bottom Line
Buying or building a beautiful villa or condominium you can rent out when you're not in Phuket yourself has become an attractive investment for many tourists, working expats, future retirees and keen investors.
Even more important: In addition to the steady increase in capital value, in Phuket you can expect a guaranteed and attractive return on your investment without any of the costs, responsibilities and worries normally connected with overseas home ownership.
This is because if your villa or condominium meets our quality standards, First Choice Real Estate will offer you a lease with guaranteed income for the months you don't occupy your villa yourself. We will also manage your property, and we pay all regular expenses and maintenance costs during the time of the lease agreement.
When you decide one day it's the right time, you can apply for a "Retirement Visa" and live permanently in Phuket