Commercial property in Phuket

Buy  a ready business in Phuket, Thailand

Phuket is one of the most visited resort islands in the world, and you can buy commercial property in Phuket. Developed tourism infrastructure and breathtaking nature have made local commercial buildings and plots in demand in the real estate market in Thailand.

Since the predominant part of the Phuket economy is based on tourism, commercial activity on the island is mainly related to hotels and beach restaurants. The southern and western parts of Phuket are considered the most popular among travelers so foreign entrepreneurs prefer real estate built on the beaches of Bang Tao, Kamala, Karon, and Kata.

Commercial property prices in Phuket

You can get acquainted with the best offers from developers in Thailand with current prices in rubles, euros, and dollars in the catalog of the site. The table below shows what the cost of commercial real estate in Phuket is based on using hotels as an example:

Commercial property for sale in Phuket

Thai law prohibits the sale of commercial property investment in Phuket to foreigners. Despite this, the government offers several ways to obtain land rights to investors from other countries. The most common of them are:

1. Lease ownership. A foreigner can apply to the Land Department of Thailand for a long-term land lease agreement. Such an agreement needs to be renewed once every 30 years.
2. Limited Liability Company. A foreigner can register a company in Thailand with assets in the form of commercial real estate.

Most entrepreneurs decide to invest in local hotels and restaurants for the following reasons:

• Prices for commercial real estate in Phuket (Thailand) are lower than in the resort cities of other Asian countries;
• Thanks to the large flow of tourists, a favorable investment environment is developing on the island;
• A stable income from owning a local business allows you to save money spent on purchasing real estate and double it in a short time.

We will help you buy commercial property in Phuket

Commercial real estate in Phuket is an excellent asset to replenish your investment portfolio. To ensure you choose the right hotel, restaurant, or house in Thailand, contact the company's specialists for help. Get one step closer to your successful and happy future in sunny Phuket!