Phuket Beachfront Condos

Posted in Best Beachfront Property Locations, Thailand

As Thailand’s largest island, at 48 miles long and 21 km wide, Puket has something for everyone.  You can go from the from the pristine environs of Banana Beach to the downright seedy underbelly of Ao Patong.  And with good access to several international airports and ferry access to all of Thailand’s other major islands, including the legendary Ko Phi Phi made famous by the movie The Beach, Phuket Beachfront Condos make a great investment for anyone who wants to own property in Thailand.

Why a Puket Beachfront Condo?

The better question would be why not buy a beachfront condo in Puket?  With white sandy beaches, great diving (more divers are PADI certified in Puket than anywhere else in the world) pristine green golf course and the legendary kindness and hospitality of the Thai people, tourism is booming on the island, giving property owners a return of up to 20-50 percent a year in key areas (see the Phuket Property Research Report).  You’ll get your own condo in an area of the world that is just as awe-inspiring and beautiful as the Caribbean or the Mediterranean, but at a mere fraction of the price.

But Why Not a Beach House?

Unfortunately, you legally can’t own a beach house in Puket.  Beachfront Property in Thailand can only be owned by Thai locals.  The one loophole is that a foreigner can hold up to 49% of the space of the land.  This allows you to buy condos and have ownership of a certain percentage of the condominium company and also sell them as if they were common stock in a company, albeit with a little bit more paperwork involved.

How Much Will a Beachfront Condo in Phuket Cost?

For a beach condo in Phuket, just like in the USA the price you pay for your property will depend on the location and the type of complex that you decide to buy.  While prices are changing all the time, here is a rough guide of what to expect for prices:

• Luxury:  These are the cream of the crop condos with real oceanfront views – 100,000 THB per square meter or 6.25 million THB for a single room apartment
• High End: Still close to the beach, but not the pinnacle of living – 80,000 to 100,000 THB per square meter
• Mid-Range: a little further back from the beach, but still great – 80,000 THB per square meter or around 5 million THB for a single room condo

An investment in Phuket beachfront condos is an investment in a growing tourism market that will pay dividends for years to come, regardless of if you are looking to buy the property for your personal use or as an investment.  Start searching to find some great deals online today!

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