Phuket remains one of the main destinations for both Thai and foreign tourists. Thus, the prestigious Travel+Leisure Southeast Asia magazine named Phuket the best island in Southeast Asia. In the period from January to February 2023, there were more customers interested in renting residential real estate, compared to the same period in 2022. The demand for housing increased by 55% in the Bangkok area and by 400% in the tourist provinces.
The Phuket market is still benefiting from the tourism recovery. For investors, this is a great time to invest in real estate. At the same time, the number of hotel rooms to accommodate foreign tourists in Phuket also continues to grow. At the same time, there is a possibility that hotels will face fierce competition and a shortage of places.
Experts note: in 2023-2024. Phuket will remain a major tourist destination with huge potential. On the largest island in the Andaman Sea of Thailand, there is everything you need for both family and leisure with friends, as well as the possibility of accommodation for people with any level of wealth.