Why Thailand has got overseas investors mesmerized: considering the most investment-attractive projects in Phuket

Thailand is not just about relaxing on the beaches. This place has become attractive for real estate investments. The Kingdom is developing dynamically, its cities are getting bigger, and new buildings are developing as quickly as possible. Therefore, real estate for sale in Thailand will be an excellent investment.

Economic advantages

The economic aspect of buying real estate in Thailand is a key factor attracting international investors. The major benefits include:

            •           Affordable prices: the cost of properties in the Kingdom is significantly lower than in the European and American markets, which makes investments available to a wide range of buyers.

            •           Beneficial tax policy: Thai tax legislation provides for minimum tax obligations for homeowners reducing the overall cost of real estate ownership.

            •           Favourable exchange rates: property purchases in Thailand are becoming more profitable due to currency differences for overseas investors, especially from countries with strong currencies.

These factors create attractive conditions for investing in Thai real estate making it not only affordable, but also economically beneficial for international buyers.

Legal aspects

Acquiring Thai properties comes with some legal nuances that you must take into account to make the transaction safe and sound. These are the most important aspects:

            •           Legal restrictions for foreigners: there are some restrictions on the purchase of land by foreign citizens in the country. However, they can purchase properties in apartment buildings without restrictions.

            •           Compliance with all necessary procedures: when buying, foreign citizens must strictly follow the procedures, including verification of ownership rights and the legal purity of the transaction.

            •           Proper paperwork: foreigners must provide documents for the transaction, including a sales contract, a certificate of ownership and other legal papers.

When buying a property in Thailand, you must study and comply with the legal aspects. This is the key to protecting the buyer’s interests and preventing legal problems.

Investment potential in Phuket

Thai properties have a high potential for rental, especially in tourist areas. This provides a stable income for the owners. The real estate market is showing an upward trend, which promises long-term profits.

Rental income is something that many property buyers in Phuket are interested in. They want to invest money in apartments or villas that will be rented out and make a profit. Let’s say that all real estate in Phuket can be rented and generate income. However, we will talk about investment programs from local construction companies. This feature frees the owner from self-rental.

Guaranteed income programmes do not allow owners to live in their properties for a long time. This means that it lasts 14-30 days a year. Thus, you will have to plan your holiday in Phuket in advance. Let’s have a look at investment-attractive projects with the highest ROI.

The most lucrative developments in Phuket

Phuket FantaSea is one of the most investment-attractive projects on the island. The developer offers two options:

            •           Guaranteed income of 5% for three years.

            •           The rental pool is 70/30, which should be about 9% per annum.

The project is located in Kamala.

Title Halo is the second phase of the community in Nai Yang. It offers a guaranteed income of 7% for two years. These 14% can be deducted from the cost of the purchased apartments. You will be able to live in the apartment for up to 30 days a year.

ADM Platinum Bay is a project located within walking distance from Kamala Beach. The developer offers its rare programmes:

            •           7% per year for 5 years.

            •           The rental pool is 50/50, but this is half of the total income, the company takes care of the maintenance costs.

You cannot choose the programme, but you can pick up a suitable residence in the first or second option.

One Nai Harn is located one and a half kilometers from Nai Harn Beach and offers apartments only for investments, not for permanent residence. You can select a programme:

            •           7% per year for 5 years.

            •           The rental pool is 70/30.

If you want to relax in your own home, you can do it for 30 days in low season and another 15 days in high season.

Surin Sands is a brand-new complex located less than a kilometer from the beach. The construction company offers you to participate in the 70/30 rental pool programme. You can stay in your apartment from May to October for 30 days.

The Marin is a community that will be commissioned at the end of this year. It is located 150 meters away from Kamala Beach. There are two investment programmes:

            •           7% per year for 3 years.

            •           The rental pool is 70/30.

You can choose and start earning income at the end of this year or the beginning of next year.

Sea Haven is a project located on Knighton Beach. There are two buildings in the project, and one has been built. By purchasing an apartment in it, you can get a guaranteed rental income of 7% for 5 years. If you pick up an off-plan building, there are two options available to you:

            •           You can purchase an apartment in instalments and participate in the guaranteed rental income programme (7% for 5 years).

            •           You can buy a home in advance and get cashback for the construction period — 7% for two years. Then, you can receive the same guaranteed rental income of 7% for 5 years.

You can also participate in the 60/40 rental pool programme. As you can see, Sea Heaven offers you several appealing options to choose from.

You can purchase real estate in Thailand with an expert

It is profitable to invest in Thailand. Resort areas are safe in this regard, as tourist flows are only growing every year. You can buy real estate in Thailand, and not stay in hotels. You can rent out your properties, which will allow you to receive passive income. Take the opportunity to move to this country with confidence. You do not slip on a banana skin — our real estate guide will make your journey easy and interesting, from navigating the real estate market to cultural integration. Find the perfect new home and experience a smooth transition. Visit https://thailand-real.estate.com/ to compare prices in the Kingdom’s different areas and start an exciting new chapter today!