The current year 2023, according to experts, will be “golden” for Phuket real estate. The number of booking registrations in ready-made projects and the number of transfers are increasing dramatically. There is an increasing demand for condominiums and villas with a swimming pool. Demand may become so high that developers risk not having time to build new facilities.
Large developers are concentrating on Phuket to open as many new condominium projects as possible. It is for them that there is the greatest demand from foreigners and Thais with high purchasing power. For this category of people, the purchase of real estate in Phuket is a second home or investment.
Directly in Phuket, the tourism situation has fully recovered in 2022. However, some Thai buyers still do not have enough savings to purchase a house. Therefore, the main customers buying property in Phuket can be divided into two main groups: foreigners and Thais who still have purchasing power.
In 2022, Phuket was visited by 10 million people, which is close to the doskovid indicators. At the same time, people with high purchasing power are noted among the arrivals.
As for condominiums, this type of real estate is particularly popular in tourist areas such as Patong. Many people also prefer to invest in villas with a swimming pool in the area.