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Rental & Investment
Can I rent out my
residence? Yes. The
Estate Management Company will be establishing vacation rental
facilities. The Estate Management Company will look after all
aspects of the management and marketing of your property.
Operational costs and fees for these services will be charged
at commercial rates and deducted from the rental income
received.
How is Phuket as a Real Estate
investment? There is proven
demand for well-designed, well-constructed housing projects on
Phuket. Up-market housing developments have fared well with
expatriates buying land on long-term leases and constructing
houses on the plots. There is considerable demand for luxury rental accommodation
in Phuket and the opinion among real estate analysts
is that the market has hardly been tapped. As such, returns
could be very attractive to owners. Land inflation over
the last 10 years on Phuket is estimated to be 15 -
20% annualized. <Back
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