Recently the Phuket Real Estate Association (P-REA) got together in an official ceremony to discuss not only raising the standards of the Phuket Real Estate Association, but to devise a plan for developing Phuket in the years to come.
A major factor in the years to come with regard to Phuket Real Estate is bringing in foreign investors to strengthen the real estate market on the island. Plans are also being introduced for more sustainable real estate projects in Phuket. Much has been discussed about ensuring that the real estate available on the island is all inclusive and does more than just offer a stunning sea view.
Ideally, the Phuket Real Estate Association would like to see new real estate developments on the island be closer to tourist attractions and offer all the absolute amenities that medium to high end customers might want. All real estate should be in close proximity to the fine shopping and dining opportunities that the island has to offer as well.
Another major factor that will shape the Phuket Real Estate market in the years to come is the tourism that continues to boost the economy of the island. Real Estate will always be in demand as long as there are tourists who are either long term to Phuket or looking to invest in property.
With the economy in Phuket continuing to boom and the infrastructure of the island growing, there has never been a better time to invest in a holiday home on this tropical island paradise. For the overall price point of real estate, Phuket is beyond affordable. Here it is possible to own a condominium or a pool villa for the same price of a small flat in Singapore or Hong Kong. Add-on services such as private housekeeping, gardeners or landscape staff and even a personal chef are also relatively cheap here compared to other countries. If you are willing to invest in real estate in Phuket, the sky can definitely be the limit.
Now is the perfect time to invest in real estate on Phuket. While the plans from the Phuket Real Estate Association are admirable in terms of developing Phuket, bringing in foreign investment will inevitably raise real estate prices far beyond what they are now. However, if you are ready to invest in real estate on Phuket now or in the foreseeable future, do contact Phuket Holiday Services Company Limited at info@phsproperty.com
Phuket Holiday Services Company Limited is one of the largest real estate services and investment firm in Phuket. As a whole, we serve real estate owners, investors and occupiers. We also offer strategic device and execution for property sales and leasing as well as project management. Phuket Holiday Services Company Limited is able to help in all aspects of purchasing a property in Phuket.
Phuket Holiday Services Company Limited boasts a unique portfolio of property developments across the island of Phuket. Although many of the developments offer that remote island feel, they are close to city centers, hospitals, international schools and all of the nightlife, dining and shopping options that Phuket has to offer.
Contact us at info@phsproperty.com for a consultation and turn your dream of owning a holiday home in Phuket into a reality.
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