Now the real estate market in Thailand is recovering after a pandemic that lasted several years. After a lull in this period, the preferences and everyday habits of buyers have changed. What are the current trends in the real estate market in Phuket?
- Villas with 3-4 rooms have become popular in the Phuket real estate market. This is not the cheapest segment of real estate, but people prefer more spacious houses, it is becoming popular to live with large families again.
- People increasingly need an office in the house and use a second bedroom or living room for these purposes.
- At one time, apartments in condominiums were more popular, but now the focus has shifted back to houses and villas.
- You can expect a rise in the price of land in Phuket. Most of the land suitable for development is already occupied. There are many lands in Phuket that are unsuitable or prohibited for construction.