Purchasing Investment Property in Phuket

10/17/2024

Purchasing Investment Property in Phuket

For several decades, Thailand has firmly established itself as a paradise for living and vacationing. Pristine white beaches, the azure waters of the Indian Ocean, lush tropical greenery, and stunning natural landscapes, combined with ancient history and the welcoming nature of locals, provide a striking contrast to the usual life in northern latitudes. As a result, more and more people from Europe, Russia, and the USA choose Thailand as their holiday destination or even for permanent residence every year.

Life in Thailand is associated with a balanced, mindful lifestyle, constantly offering energy and resources. It is a popular choice among people who are not tied to a physical office, have remote income, and can create a community around themselves, choosing the most comfortable place for unlocking their potential.

Thailand – A Choice for the Soul and for Investment Income Real estate investment has been one of Irina's main areas of expertise for many years. With successful rental business cases in Russia and abroad, she has become an expert in this field and can quickly assess the potential of any property. Before starting her partnership with Tranio, Irina already owned rental and residential properties in Russia, the UAE, and the EU, and now sought to expand her portfolio to include Asian countries.

Her choice of Thailand was no coincidence, as it reflects the global «pivot to the East» trend. In addition to her investment activities, Irina practices astrology and works with the energy of the soul. Upon her first visit to Thailand with her husband, she was captivated by the country’s nature and energy. The fact that the world around you can be so colorful, open, and yet technologically advanced left a lasting impression. Thailand is a place where nature and modern human progress are perfectly balanced.

From an investment perspective, Thailand's real estate market is highly attractive due to its impressive rental returns. Several rental programs offer owners annual yields of 7% to 15%, which is significantly higher than in many other countries. Investing during the construction phase can increase property value by 20-30% by completion. Since the global pandemic, Thailand’s resort real estate market has been steadily regaining momentum, with an expected increase in tourist flows from various countries.

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