Monetizing your Property in Phuket
Whether a villa or an apartment, buyers are looking for comfort and quality when they purchase property in Phuket. Whether it’s for a vacation property or for more permanent living Thailand offers a luxurious lifestyle. A big advantage for those who might not be using the property constantly is a professional management group to lease and handle it throughout the year, doing whatever fixing is required to ensure it is constantly maintained and for that reason in an ideal condition to use of rent out.
Alternatively, financiers might seek to buy specific personal homes either for refurbishment or for long term leasing. Buying excellent sea view property at a low price and making it readily available for long term rental is a good alternative.
Branded Residences in Phuket and the surrounding islands are especially appealing to purchasers who want more however do not desire the cost and headaches of a bigger specific home.
Several popular hospitality brand names have considered additional developments in Phuket, and it is increasingly popular for the developers of these projects to include residential options within the resorts. The cost per sqm is greater, however so is the per sqm resale rate.