Houses for Sale in Phuket, Thailand

Why Houses in Thailand

Buying a house in Thailand is always a good investment. Great climate, everlasting summer, clear sea, excellent cuisine to suit all tastes. A real tropical paradise where you can enjoy your holiday. So why not make Thailand your permanent home or not invest in real estate for subsequent renting out? Investment conditions in Phuket are always favorable.

Best Offers for Homes from Developers in Phuket

You can buy a house in Thailand at a reasonable price with programs initiated by local developers. For example, when you buy a house that has not yet been built in a cottage village. Also, many companies offer to buy a cheap house in Thailand, but such offers should be taken with caution. If a house is offered significantly below market, this may be since there are some problems with the legislation, or it is located in an area with poor, incomplete infrastructure.

Purchase Specifics, Rental, Investments

Buying a house in Thailand (Phuket) with proper planning and the help of a professional realtor is 100% safe. Trying to buy a house in Phuket on your own is not worth it if you are not familiar with the specifics of local legislation. Only a company registered in the country can directly buy land, and, therefore, a house on it. Foreigners cannot buy a house in Phuket; they are able only to dispose of it on a long-term lease basis. The building can be registered under the ownership.

How to Buy, Rent and Invest in Homes in Phuket

Buying a house in Phuket for investment is more profitable in projects under construction with a guaranteed income program. You will have 5-8% of the house price annually during 3-5 years. This will help to get back some of the invested funds. How and under what conditions to rent out a house is the concern of a management company (you will receive your money in any case).

The sale of houses in Phuket occurs in 6 stages:

Receiving instructions from the client,
Finding the required object,
Receiving an advance payment,
Executing a transaction,
Transferring the remaining sum of money,
Registration of property rights with local authorities.

Average House Prices. What Influences the Cost

What is the real price for buying a house in Phuket? Prices start at 3 million baht. It will be a modest house with a couple of bedrooms and a small adjoining territory (literally a lawn and a couple of flower beds) located either separately or inside the housing community.

The price for a house in Phuket, which is more comfortable for a European, will already be higher – about 5 million baht. The housing community will have a shared pool and 24/7 security with video surveillance of the territory.

You can buy a house in Phuket based on the basic principle: the larger the land plot where the house stands, and the closer the house is to the water, the higher the price.

Phuket Regions

Houses for sale in Thailand are available in all regions of Phuket, but the return on property investment depends on the following parameters:

Location,
Floor space and number of bedrooms,
Land area,
A pool and other options,
Work of the management company.

If you decide to buy a house in Thailand the average profitability will be 4-8%. Though in some areas, like Patong and Rawai, a larger profit is possible, reaching 12-15% in the average price segment.

These regions have the largest flow of tourists and are being actively developed, so local developers need investments and offer better conditions.

Our Advantages

The main advantage is our client-oriented approach. We will help you buy a cheap house in Phuket in strict compliance with the parameters specified by you. Houses for sale in Phuket is a business that we know, love, and practice for over 10 years.