10 benefits of investing in Phuket ready-to-buy real estate.
Over the last few years, Phuket has become a hotspot for real estate investment, with its value rising year after year. However, the market is yet to peak, and the increase in tourist activity, rapid growth in infrastructure and the magnificent seaside scenery mean that real estate value is guaranteed. Here are the top benefits of investing in a Phuket home that has already been built.
- The value of any Phuket property has no choice but to increase due to scarcity. Phuket is an island, and there are sections of Phuket which are blocked off from construction for mother nature. This means real estate investment can only happen within the remaining portion of land and therefore any property you invest in now will pay off multifold. Phuket’s real estate therefore has a value multiplier built right into it.
- Buying ready-to-occupy-property means there will be zero delay in moving in once you complete the purchase. Once you complete the paperwork and make the payment, you can move in with ease.
- There will be zero delay regarding the completion and delivery of the property. With a laser-quick transition in ownership, you avoid the unnecessary cost that delays will inevitably bring.
- If you do live in a rented home, investing in property is your chance to avoid tedious double payments. You can simply pay EMI and move in straightaway.
- You’ll already have the property built for you so you no longer need to wait or the building to be constructed, or worse, live in it while it is being constructed. You can avoid all the dirt, noise and safety hazards simply by buying an already built piece of property.
- Building a house from scratch means the neighbourhood remains a suspense until it forms. When you buy a house that’s already built, you know exactly what you get and you can make decisions based on whether you like the neighbourhood well before you move in. You can also gain a firsthand view of the drainage, schools, grocery shops, theaters, hardware stores, hospitals, police stations and others around the place.
- You get a comprehensive view of what it’s like to live in the house. In an unfinished piece of property, such opportunities dont exist- you’ll have to make do with whatever is built. In an already built house, you can experience it live and then make a decision.
- You can choose a property that suits your budget the most. Be it single bedroom homes, villas or 3 bedroom condominiums, there is a piece of property that fits your bill in Phuket.
- Once you have bought a building that has already been constructed, you can sell it the very next day if you need to. The resale value of already-built property in Phuket is high. Is the case similar for buildings under construction? Absolutely not! The latter are very hard to move on and you do not have as much freedom and flexibility in the resale.
- Sometimes, you could love the locale and have a great deal on offer but the layout itself may not be to your taste. In Phuket, this is no longer a problem. You can adjust and renovate the buildings once you invest in them and take ownership over them. This is not possible in buildings under construction since they simply have to adhere to pre-approved architectural plans.
Conclusion
Looking for a wise investment in real estate but dont want to go through all these mind-numbing procedures? Look no further than Phuket, Thailand and IbgProperty. Ibg is your end-to-end solution for Phuket real estate investment. We help you choose from highly profitable Phuket seaside property options which guarantee steady returns. We also handle formal procedures for you so you never need to be burdened with complications. Hop on to IbgProperty.com to learn more about how we can help you gain passive income from Phuket real estate!