Phuket

This article is for those considering what to do after purchasing property in Phuket. Should you manage the property yourself, sign a contract with a hotel operator, or hand it over to a real estate agency?

Investing in professionally managed real estate in Phuket allows you to calculate profits decades in advance, based on offers from developers and hotel operators. This provides a significant advantage for investors.

The Phuket real estate market has seen significant changes over the past eight years. Previously, small property management companies and private owners dominated the market, renting out apartments through personal connections, social networks, or aggregators.

Phuket remains one of the most attractive resort destinations for real estate investment. In early 2024, the real estate market on the island showed impressive results: more than 3.6 million tourists visited in the first quarter, a 30% increase compared to the same period last year. By the end of the year, tourism revenues are expected to exceed 400 billion baht, approximately 12 billion USD. These numbers highlight the incredible potential for hotel and rental property owners.

Investing in villas in Thailand is not just a profitable decision but also a strategic move for those seeking affordable housing with high return potential. Thailand, particularly the island of Phuket, stands out as one of the most attractive locations for real estate investment.

Choosing real estate for investment on the island of Phuket in Thailand is a crucial decision for any investor. This is particularly relevant given the significant infrastructure investments planned by the provincial authorities. Phuket's potential is far from being exhausted, and its economic growth remains strong, making it an attractive destination for both foreign and local investors.

А rental pool is a profit-sharing scheme where the actual rental income is distributed between investors and the management company. The annual rental income from all the apartments in the condominium is pooled into the management company’s account and then distributed according to one of two models during the reporting period

In 2024, Russians, along with buyers from China and Western countries, are increasingly investing in Phuket's real estate. In 2022, Russians ranked second in the number of real estate transactions in Thailand. Their interest remains focused on the resort regions, especially Phuket, but their goals have changed: while they used to buy primarily for vacation, now the focus is on investment.