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What do you need to know about Phuket before buying a property?

WHAT DO YOU NEED TO KNOW ABOUT PHUKET BEFORE BUYING A PROPERTY?The features of Phuket to live and work? Phuket is the largest island in the Kingdom of Thailand. Today, it is in the top of the best places to stay in Southeast Asia. With a developed infrastructure, rich history, interesting sights and picturesque landscapes, the island attracts many tourists from all over the world.

Moreover, it is a promising destination for real estate investors and entrepreneurs. Thailand-Real.Estate told its readers that a foreigner should know about this picturesque place before buying a home and moving here permanently.

Cost of living

Phuket offers a balance between noisy fun and a measured rest on the beach in the sun. If you want to move to this location, you should learn about the cost of living. At the beginning of 2022, the average cost of living is $944 per month. The average cost of renting a home is about $450 per month.

Local prices

On average, prices are higher than on the mainland, but lower than on other islands of the kingdom. At the same time, the cost of taxi services, which by generally accepted standards is perhaps the highest in Thailand. It should be noted that prices in Phuket town for food and accommodation are always slightly lower than on the coast.

Features of the island

Phuket is considered one of the most prestigious resorts in Southeast Asia and is a favorite vacation destination for tourists from abroad. Here, you can have a great time on the beach, go horse riding, diving or play golf. Many cultural and religious monuments will provide an opportunity to get acquainted with the peculiarities of the Buddhist religion and the life of the kingdom. But when planning a trip here, you have to be prepared that the prices will be higher than on the mainland.

Phuket is known for its tourist conditions, well-groomed beaches, bars, cafés, picturesque places that charm visitors, and other attractive things that major resorts are famous for. The island has a vibrant youth culture with diverse establishments and night markets where you can have fun. 

If you are interested in Phuket as a potential place for a long stay, you should pay attention to the eastern part of the island. There are fewer tourists here, and it will be more authentic in terms of Thai culture, as there are many cultural attractions here. 

Karon and Kata beaches, located in the west, are a good combination of beach life and bars without a lot of tourists. It is also a great place for surfers.

Holidays with children

Phuket is a great place for vacationers with children. It has a convenient and developed infrastructure and a wide hotel base. A huge variety of restaurants offers dishes for every taste and budget. And various excursions and entertainment will not let the little discoverers or their parents get bored.

Attractions

Most of Phuket is covered with rainforest. The most interesting sights are nature reserves and national parks. One of them is the amazing Khao Sok National Park. Here, you can go boating on the lake, admire the waterfalls or go on a night safari on rafts. Another beautiful natural place is Phang Nga Bay. There are forty small islands that you can visit during a one-day yacht cruise.

Of the man-made attractions of Phuket, the 45-meter statue of the Great Buddha, installed on Mount Nakkerd, is of the greatest interest. Here, you can explore the surroundings from the observation deck, visit the museum of Buddhism or an active Buddhist temple.

Entertainments

The most popular activities are beach holidays, water activities, shopping and excursions to nearby islands. From Phuket, you can go to the Phi Phi Islands or the Similan Islands, visit James Bond Island or Khao Lak National Park.

Advantages of Phuket

The advantages include: 

  • Easy access to the beaches and the sea;
  • Convenient location;
  • Well-developed transport links – nearby settlements can be reached by boat, bus, and private transport;
  • Lots of interesting locations, including attractions;
  • Diverse housing market;
  • Low cost of living.

Disadvantages of Phuket

In addition to the advantages, Bangkok has its drawbacks. Anyone planning to move here should pay attention to them. These include:

  • High tourism activity is an advantage (for landlords) on the one hand and a factor that can make life more difficult on the other;
  • Prices for buying and renting housing are higher than in other cities in Thailand;
  • Moving around the island can be difficult without personal transport.

Phuket is an amazing place. It is large, so the scenery and atmosphere can change when traveling between areas. 

You will always have something to do: every day can bring a new adventure. In addition, the expat community is extensive, so you can adapt to the new environment.

Assistance in purchasing real estate in Phuket

You can profitably rent and buy real estate in Thailand at Thailand-Real.Estate. There are a lot of offers from leading developers and reliable homeowners from all over Thailand. Up-to-date information and attractive prices are waiting for you right now!

 

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