Is it profitable to buy real estate in Phuket?

Discussion in 'The First Year' started by Uballim, Nov 11, 2024 at 5:25 AM.

  1. Uballim

    Uballim Member

    Hello. I had a vacation this year with my family in Thailand and we really liked Phuket. And now we are thinking about buying a property there and go there every year. But how sensible is this decision? What can you suggest?
     
  2. Nerrik

    Nerrik Member

    It's a difficult question. It all depends on how long you will be visiting for. If only for a few weeks, how will it be the rest of the time? Will your apartment stand empty? But is that wise?
     
  3. Krost

    Krost Member

    Have you thought about buying an apartment to rent out? In this case, you will be able to accommodate tourists all year long and make a profit from it. But at the same time one month will be left for yourself and your family. In this case, such a purchase will be a great investment. Here you can learn all about how you can buy an apartment in Phuket: https://store-property.com/en/sale/aticles/buy-an-apartment-in-phuket.html .
     
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