Phuket - A Prime Location For Property Investment

The Property Phuket is one of the best places in Thailand to buy property. In recent years the prices of real estate in Phuket have risen steadily and now offer great value at a fraction of the cost of properties in Bangkok and other cities. If you're planning to invest, here are some of the main factors that will influence your choice of property:

There is a good selection of Phuket property from which to choose. Most expat and holiday home owners are drawn to the west coast, particularly the cities of Patong, Phuket Town and Patong Beach. This area has a strong tourism presence, making it a prime location for property investment. In addition to the numerous large hotels there are also a number of wonderful beachfront bungalows available to rent as holiday homes.

If you are interested in investing in Phuket property but you live on the east coast, you may want to consider investing in property around the famous Patong Beach. Many expats choose to buy property in or around Patong because it is less expensive to live there compared to the other main cities in Phuket. A drive from Phuket to Patong Beach will not be difficult, with plenty of buses and taxis operating along the route. Property in this area is also in great demand, due to its proximity to the popular Patong Beach. If you are looking for property with good future prospects, property near the beach will remain a strong seller and will fetch a good price when you decide to sell.

On the other side of the coast, a little further north is Koh Ma. Koh Ma is another premier destination when it comes to investing in Phuket property. Unlike Patong and Koh Ma, many expat and holiday home owners do not live in the area, as it is less populated and less likely to become hot property. The main areas to buy property in Koh Ma are towards the southern end of town, close to the Thailand-Malaysia border. Click here for more details about property phuket

The northern end of town is packed with areas that are suitable for residential property. Real estate here is not expensive, with many expatriates renting holiday homes. The beach is just a short drive away, and there are many Koh Ma shops and restaurants. Shopping here is typical of the small town atmosphere, with most of the shops selling souvenirs and gifts.

The best time to invest in Phuket property is during the late part of the year. This is the off season for the real estate market in Phuket. Prices tend to be lower during this time, especially if you are an experienced property owner. Whether you wish to stay in Phuket for a few months or a few years, it is possible to make a worthwhile investment in property here, as long as you are prepared to do some amount of research.