Now we have swiftly moved through Thai New Year, and even though the tourist numbers have been miraculously high, the lower season months are now on their way. This is the perfect time to consider making an investment on the Phuket real estate market with the aim of making back cash through rental returns.
Phuket is probably one of the best places in the world to buy a condo or villa and then to rent it out to holidaymakers in time for next high season. We have a vast selection of Phuket properties on our website perfect for such an investment.
However, there are a few things you need to consider before making the plunge:
1. Location
The old adage of location, location, location, really is the most important factor with holiday rental properties. Ideal real estate for rental returns is usually located somewhere in the major tourist towns along the island’s west coast.
2. Value For Money
You will find that usually the cheapest properties are not ideal for holiday rentals, although you might be lucky and find a great low cost opportunity. Find a property that will give you the best value for money, not necessarily the cheapest or the most expensive, but defiantly get the most for your money.
3. Know the market
Before you even have a property in mind, please check out the marketplace for all Phuket’s major destinations. Check out the prices on the short and long term rental markets before purchasing.
We have some fantastic rental return opportunities on our website, so please click here to start making your dream a reality!
