Belgravia Residences

Luxury Bangkok condos for sale in Sukhumvit, Bangkok’s finest residential and shopping district. A combination of space and luxury, Belgravia Residences offers city living at its most exclusive.

Tamarind Hills

Foreign investors can be reassured that the former risks are now gone when looking for Phuket Real Estate for sale, as there are signs of a maturing market. With Phuket now one the best known resort destinations in Asia, the days of being an undiscovered paradise are long gone and with it the early speculators as the property market settles down. Buyers looking for the next big thing are now looking at other islands like Koh Samui and Krabi, but astute investors with a longer term outlook will find Phuket very agreeable as a result of a robust and maturing rental infrastructure.

Phuket Real Estate has received strong interest from foreign investors and expats who want their own ’slice of Phuket’, despite the temporary set backs of tighter ownership regulations and the political instability coming after the 2006 coup. Initially it was the wealthy Thai nationals that snapped up a great deal of the land during Phuket’s first boom, this dominated the commercial property business, including resorts, and retail space in the popular tourist centres. Now the focus is more on residential villas and luxury condominiums as second or retirement homes for the wealthy.

The investment on Phuket is set to continue growing with further new developments appearing, although at a slower rate relative to other markets like Pattaya, due to a majority of the good quality land with beach frontages and views already built up. The entry level into the Phuket property market is no longer cheap, where it hasn’t experienced the mass budget apartment development of other markets like Spain in the 1980’s. Thankfully the property development and investing on Phuket has been far more upmarket and tasteful.

Phuket Real Estate is considered a relatively secure investment with favorable long-term returns predicted. Factors such as accessibility, location, style and size are each significant when looking at Phuket Real Estate for sale. The key factor for investors, is the reputation and professionalism of the developer, Phuket features a higher standard than anywhere else in Thailand, a country not known for high standards of quality, largely attributable the international nature of the industry. Many of the leading companies on the island are managed by experienced overseas developers with capable local staff, and can be found on www.phuketpropertydirect.com.

 Tamarind Hills | Unit A

When looking for Phuket Property for sale, it is important for buyers to find a good real estate agent to help them. Under Thai law, a real estate agent is only responsible for introducing you to a seller, and from that point on the seller must pay the agent a commission when the property is sold. But you should be looking for an agent that will go the extra mile to help find the right property, so choosing a good real estate agent is important.
 
A good agent would guide you through each step of a property search, first to find out exactly which properties you are interested in, the budget you have available, take you to view properties, deal with sellers on your behalf, helping you get all the paperwork done legally, and looking after you even after you have finished your purchase with any questions or help to find additional services you might need.

Property sellers in Phuket will list their properties with as many agents as possible, and as most agents will have access to sell the same properties, it is not good sense to run from one agent to another to get a better deal. Agents do appreciate customers who are loyal to them and will work hard to find the right property for you, but this is not going to happen if the agent finds out you are dealing with other agents as well.

In general, your agent will not tell you where a property is located until they have taken you to introduce you to the owner or building manager, so that the seller knows you have retained the agent to represent you. Allow your agent handle the negotiations with the owner, trying to negotiate a deal on your own can be very difficult, especially if you don’t know Thai law or the Phuket Real Estate market. For any questions, ask your agent first as often they will already know the answer or know where to get it for you. A good agent will spend as much time and effort as needed to ensure that satisfied buyers are matched with the Phuket property for sale. To help you find a good Phuket Real Estate agent, visit www.phuketpropertydirect.com.

Tamarind Hills | Intro

Phuket apartments are defined as multiple dwellings within a single building, they are otherwise commonly known as flats, units or condominiums. The big difference between apartment and condo properties is in the actual ownership of the Phuket property. Thai law forbids foreigners owning land but has special laws allowing up to 49 per cent of a condo development to be sold with freehold titles to foreigners, whereas Phuket apartment projects offer only a 30 year lease with the option of two 30 year lease extensions.

In Phuket ’apartments’ sometimes refers to upmarket condominiums, in many instances the only difference is the price, related to location, style and facilities. Phuket has two types of luxury apartments, those affiliated with international brands, such as Laguna on Bang Tao Beach and those developments with local brands, such as Royal Phuket Marina.

There are thousands of Phuket apartment blocks available to buy or rent either long or short term with the majority being found along the West Coast, the South, Phuket Town, and now the central areas of the Island. Prime locations for condos in Phuket include the South hotspots of Patong, Karon, Kata and East western coastal areas such as Layan, Bang Tao, Surin and Chalong. The tropical lifestyle many are seeking in Phuket no longer comes cheaply, and condos near the popular beach areas are in high demand with foreign investors and expats.

Phuket is well established in the foreign investing property market, which has resulted in a large number of experienced real estate companies supported by good English speaking agents. Buying a condo in Phuket is more practical for buyers who want to retire here as well as buying to rent out their property. Phuket apartments that are serviced apartments have good rental returns, and are popular with visitors, particularly family groups with good facilities that have more space, and features than a comparably priced tourist hotel.

Unlike other places in Thailand, many of the superior condo projects in Phuket are almost entirely made up of foreigner tenants and their expectations for professional management are high. But do your research carefully and make sure there is a proper building maintenance program and maintenance fees will be duly collected. This should not be a issue when dealing with reputable companies, but there are many potential pitfalls that unsuspecting Phuket apartment buyers could face. To find the good companies visit www.phuketpropertydirect.com.
 

Turtle Cove

Keen foreign and expat investors seeking to buy Phuket Villas for sale should take the time to properly familiarise themselves with the Phuket property market and the ownership laws and structures in particular. The most important factor influencing the local market is that only Thai nationals can own land.

However buying in Phuket also does not require much leg work due to a well established property infrastructure dominated by foreign staff. Most of the newer Phuket Villas for sale are customized for foreigner and expats buying having their own maintenance and rental agreements and furniture packages for rental in place.

But it’s also advisable to take your time and familiarise yourself with the island and the area you are interested in purchasing in. Recently strong demand and price growth has occurred in the sought after West coast area close to the popular bays of Patong, Kata and Kamala, where the prime land is still dominated by commercial developments such as resorts.

Developers are now looking to the East coast, where the land is cheaper. Villas on the East coast offer the kind of peacefulness more like the islands of Koh Samui or Krabi, with its traditional Thai fishing villages, and quiet beaches. Also the South of the island, once ignored, is becoming more popular and with so much more affordable prices. The 40 minute drive from the international airport may turn some from traveling down to the south of the island, but those who do will find beautiful beaches, great restaurants and their luxury villas comforts match anything on the island.

When choosing a Phuket villa for sale one should decide if a more laid back lifestyle or a more hectic atmosphere with the bustle of tourist markets and beach activities is preferred. You may not want to be living permanently among the crowds of tourists that arrive during the high season, on the other hand some locations may be a little too distant for your lifestyle enjoyment. A good place to start your search is to visit www.phuketpropertydirect.com.