The average profitability of renting housing in Phuket reaches 8%

The average profitability of renting housing in Phuket reaches 8%

According to statistics, the northern and western districts of Phuket, such as Kamala, Surin, Bang Tao, Laguna Beach, Cherng Talay Beach and Layan Beach are still very popular among investors. From year to year there is a high return on investment. The profitability of renting out housing varies between 5-8%.

As of the first half of 2022, 39% of tourists from Malaysia and Singapore, 30% from the UK, Germany, France and Europe, 11% from India visited Phuket. In connection with the opening of China, an increase in the number of tourists from this country was noted in January.

The number of foreigners working in Phuket is increasing by 3-4% every year. More and more people are choosing remote work on the island, which is why the demand for real estate is growing.

Investors also prefer to buy housing in the area of Patong, Karon, Karta and Rawai beaches. Their infrastructure offers tourists an excellent experience of permanent residence, a wonderful climate and a light atmosphere. For example, the Kamala beach area is characterized by a relaxed, sparsely populated environment, ideal for travelers who like privacy. The emphasis in these areas today is on villas and condominiums with sea views, and this trend will increase in 2023.

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