Best Offers for Cottages in Phuket
The best cottages in Phuket can be found in the database of IBGProperty. We sell cottages without intermediaries. With the services of the company, you can buy a cottage in Phuket, avoiding fraud and many hidden pitfalls of local legislation. The client does not pay an agent fee, it is paid by the seller of the real estate.
Buy Cottage
Before you buy a cottage in Phuket, it is important to be aware of the terminology. Detached buildings, of course, if it is not a hotel complex or a villa, can rarely be found in Phuket due to the high cost of land and its relatively small amount. Newly built cottages are located compactly in the heart of the island and are intended for permanent residence. If you need a property that will be used for a vacation or for renting out, it is better to consider the option with villas on the coast near tourist centers.
Rental and Investment in Phuket Cottages
Buying a ready-made cottage is the only way to acquire such real estate in Phuket. You can build a house yourself, but that doesn’t make any economic sense. Ready-made cottages, profitable for leasing and renting, have a U-shape, 2-3 bedrooms, and a private pool. Investing in cottages in Thailand is always beneficial. Depending on the location, class, and area of the building, a significant annual income can be generated – from 7 to 10% in the middle price category, and from 3 to 5% in the luxury segment if to count from the purchase price of the cottage.
Average Prices. What Influences the Cost
The cost of Phuket cottages varies depending on the district and the quality of a building. You can find a house for 1.5-2 million baht, but it is not very suitable for a comfortable living for a European. The cheapest house suitable for year-round living will cost about 3-3.5 million baht.
Cottages for Sale in Attractive Districts of Phuket
It is best to buy ready-made cottages in the Chalong district. In addition to finished projects, there are several projects under construction. The price range is average. In the areas most populated by tourists (Patong, Kata, Karon), it is usually impossible to buy a turnkey cottage. There are only cottage-type hotels and villas with a private land plot and a swimming pool. Some offers of cottages for sale can be found in all districts of the island, but this will require careful work with a realtor.
Requirements for Buying Cottage in Phuket
Foreigners are free to buy houses, including cottages in Thailand. But they cannot own the land on which this house is located. Registration of private property is impossible, the land is either taken on a long-term lease, or registration is carried out through a Thai company.
Our Advantages
You can buy a cottage without intermediaries at IBGProperty. We have a massive database with the most relevant offers. Full range of consulting services for the client throughout all stages of the transaction. Clarity, openness, transparency of all operations. We work in strict compliance with the contract that protects the interests of our client.
FAQ
Is it possible to buy a cottage remotely and how to do it?
