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...
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...
Real estate investing is not everyone’s cup of tea. It can be risky and rewarding at the same time. Since real estate involves huge sums of money, people often decide they are better off staying away from it. On the other hand, we see people piling wealth by rationally investing in real estate. Over the past decade, the Thai real estate industry has climbed up the ladder of trust, profit, and...
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...