End of Year Property Report
As we have come to the end of the year with the high season in full swing, its time to reflect back on another eventful twelve months here in Phuket. The market picked up somewhat throughout 2011 without being too badly affected by the floods in central Thailand. Having received ove8 million visitors, Phuket is certainly becoming a major hub in South East Asia. Thailand is ranked No.1 overseas destination with flights arriving from all over the world to Phuket on a daily basis. Major hotel brands are making a beeline for Phuket as the market is growing at an enormous pace.
I feel very optimistic and excited about Phuket in the future as not only a fantastic holiday destination. The property market is set to go ballistic with projects offering 5 and 6% guaranteed rental returns over 5 and 7 years. Furthermore, we are seeing more and more properties in the high end market going over the 10 million dollar price point. The future is looking very good for Phuket.
Wishing you a Merry Christmas & Happy New Year from all the team at Phuket.Net
- Mobile: +66 (0)81 416 1578
- Office: +66 (0)76 620 055
- Email: firstname.lastname@example.org