Renting Property in Phuket

Property in Phuket is an investment that has been on the rise over recent months. Property prices across Thailand have continued to surge with the global economy remaining sluggish. As the prices of commodities like oil and copper continue to increase, property prices in Phuket are set to follow suit. If you're looking to invest in Phuket, here are some tips to help you find the best property deals in town.

When it comes to investing in Phuket property, it's easy to overlook the beach side resorts that dot the coastline. For many locals, the best place to stay in Phuket is somewhere along the north east coast, where most of the main tourist influx occurs. Phuket offers everything from world-class luxury resorts to budget motels and apartments, right down to Thai massage places and cheap holiday homes. When it comes to buying property in Phuket, it's always better to buy from the tourist areas. Buying property out on the beaches will always be more expensive than buying somewhere inland.

The real estate market in Phuket isn't as saturated with expensive property, as some may believe. While the bulk of Phuket's property is aimed at tourists and expats, there is a lot of property available for first-time property buyers in the form of affordable apartments and houses. Phuket doesn't offer the same luxury and lifestyle that you'll find in Bangkok or Pattaya, but with enough research you should be able to find a property to suit your needs and your pocket.

One of the most popular ways to buy property in Phuket is to rent. The real estate market in Phuket is similar to that in Bangkok, with many properties available through property agents and private owners. One of the great things about renting is that you don't have to pay property taxes or maintenance fees each month - although some will come under your monthly budget. Another great thing about renting is that you can lease any area of the city, so if you're planning to live there full-time, this is an ideal way of spending your money. You don't even have to break the bank to get a great place to live - one of the cheapest places to buy property in Phuket is Patong bay.

While the luxury condominiums and villas are extremely popular in Phuket, many people go for the cheaper apartments and houses in the tourist areas. These places are often just as nice, with some of the same views, facilities and amenities as the luxury ones. Of course, when you're coming from Thailand it's very easy to see the benefits of having a cheaper place to live. If you're starting out on your holiday here and you don't really have much cash, buying property is an ideal way of doing this. Many expats to Phuket have bought property and rented it out, creating a business from their home in Phuket. Click here for more details about property phuket

If you're looking to rent a property in Phuket, it's easy to come across some good deals. There are many different kinds of property available here, from luxury villas to small apartments. If you're not set on owning the property outright, you can rent it from someone who is. This is often a safer option than buying - you're less likely to end up in some dodgy apartment or house with no plumbing or electricity. There are many different types of property available in Phuket, and the prices are much more competitive than they are on the mainland.