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
Disclaimers and Legal Statement
© 2003 The Estate Phuket All Rights Reserved.