In Phuket there is a certain allure to buying a new home as opposed to what’s called in the industry a “resale” home. There are several different ways to buy new. You can buy new construction in a planned community, choose a pre-built home, buy a new, already completed, home or choose a custom home builder and begin with your own blueprints. Your choice of how to buy new home will depend...
Real Estate
Purchasing the condominium is the easiest and simplest and well known that transaction. A Condominium is formed by a group of apartments and common areas which have obtained a condominium license. A Condominium (first established under the condominium act of 1979) is a title to a part of a building or buildings with multiple owners and a fractional interest in the land and other common assets (such...
Thanks to the booming tourism industry of Phuket, investors from all around the world are taking interest in grabbing a piece of the pie for themselves. Similarly, tourism-based economies guarantee a safe ROI because of good occupancy rates and rental income. Over the past few years, most of the property investments in Phuket are being made by Chinese investors. High-end tourists come to visit this city...