High occupancy rates result from high tourism numbers.

Great occupancy rates and substantial rental income for property investors are guaranteed by Phuket's strong tourist numbers. Thailand real estate, Phuket tourism, high occupancy rates, property investment, and rental income

In 2019, 14 million people visited Thailand, making Phuket one of the top ten most visited cities in the world. Thailand exceeded its goal of 11.15 million foreign visitors in 2022 despite the pandemic. Phuket anticipates 12 million visitors this year, an 85% increase over the 14 million who visited in 2019, according to the Nation Thailand magazine. For Phuket real estate owners, the enormous influx of visitors guarantees excellent occupancy rates and significant rental income.

Simple to Reach from Anywhere in the World

International Airport of Phuket

With flights to more than 40 significant locations worldwide, Phuket International Airport ranks third among Thailand's international airports in terms of passenger traffic. Thailand, Phuket International Airport, Travel, Property InvestmentWith passenger flights scheduled to and from more than 40 significant international destinations, Phuket International Airport is the third busiest international airport in Thailand. Due to its numerous yacht marinas, the island is recognized as Asia's sailing hotspot and has two bridges that connect it to the mainland. Being well-connected makes traveling between Phuket and your home country simple, which is unquestionably advantageous for many property investors.

Low cost of real estate

Despite having a top-notch infrastructure, Phuket boasts significantly more affordable real estate than other well-known worldwide locations. Condominiums in Phuket typically cost between 2,500 and 4,100 USD per square meter, whereas the cheapest one-bedroom apartment in Singapore will set you back at least 12,000 USD. Compared to other prominent European destinations, a stunning beachfront luxury pool villa in Phuket is substantially less expensive.

Urban and Global Way of Life

Phuket offers a sophisticated, global lifestyle and is highly developed. Among many others, Phuket is home to prominent and well-known hotel chains like Hilton, JW Marriott, and Four Points by Sheraton. The island is home to numerous upscale shopping centers offering a wide variety of goods and services, as well as a fantastic international dining scene with numerous Michelin-approved restaurants, top-notch golf courses, the best bars and beach clubs, elite yacht clubs, and a wealth of other urban recreational options.

The Ability to reach nearby Islands

Phuket is a great place to start if you want to see several islands in the Andaman Sea and Phang Nga Bay. Around Phuket, many islands provide distinctive sights and activities like snorkeling, diving, boating around intriguing limestone boulders, or just relaxing on the clean beaches.

Affordable Healthcare of International Standards

Phuket is a popular medical tourism destination offering advanced healthcare and wellness facilities of international standards. The cost of medical facilities in Phuket is low but the standards are high. Among the hospitals with international standards, Bangkok Hospital Phuket, and Bangkok Hospital Siriroj, are the best on the island. Both these hospitals offer an impressive range of facilities and services and are staffed to deal with international patients.

World-class Education

Phuket is a prime regional destination for international standard primary and secondary education, making it an attractive option for international investors with children who wish to move to the island. Many international schools are offering world-class standards and curricula in Phuket.

Investing in Phuket's real estate market offers a range of opportunities for savvy investors. With high tourism numbers, an easily accessible location, low property prices, an urban and cosmopolitan lifestyle, access to neighboring islands, affordable healthcare of international standards, and world-class education, Phuket has become one of the best places for property investment in Thailand.