When you’re tired of living your 9 to 5 in a bustling city, or you’ve retired and looking for a place to call home, you might want to consider Phuket, the most popular and biggest island in Thailand.
With millions of visitors each year, Phuket is Thailand’s number one tourist draw, famous for its stunningly beautiful beaches with white sand and crystal blue waters; rainforests and lush jungle inland; and of course, the beautiful Thai culture that’s rich and enticing.
With a booming real estate market that’s seen developments for the last two decades, more and more people, both locals from other parts of Thailand, as well as foreign investors, and expats have called Phuket home. Whether you’re looking for an international holiday residence, a permanent retirement home, or a real estate investment, you’ll find your dream tropical property in this island on the Andaman Sea.
Why Buy Property in Phuket?
Phuket is Southeast Asia’s premier holiday destination. Each year, the island welcomes millions and millions of tourists from around the world who come to the island to witness the other-worldly beauty of the beaches, hidden coves, lagoons, and island archipelagos that surround the island.
While Phuket is a tropical destination renowned for its natural attractions, the island is also home to modern infrastructures and amenities, such as two international airports, esteemed international schools, high-end shopping malls, 5-star resorts, international standard hospitals, and a bustling nightlife. This is why when foreigners come to live in Phuket, either for a month or permanently, there isn’t a major culture shock since they have easy access to life’s modern luxuries.
Can Foreigners Own Property in Phuket?
Foreigners cannot own property in Phuket or anywhere in Thailand. However, they can own the right to ownership of the building that is distinct from the …