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Reasons to buy in Phuket, Thailand

 There are a vast number of reasons that make Phuket an ideal and attractive location for you to consider when purchasing a property whether it be for permanent living, a holiday home, or an addition to your portfolio of investments.

  • Phuket Island is Asia's top resort destination
    The Island itself offers a tremendous amount of attractions with hotel resorts, beautiful beaches with scenic views of the ocean and the tropical terrain which engulf Phuket.  There are nature parks, waterfalls, water sports including speed boats and dive tours allowing exploration of the wonderful Andaman Sea and the amazing smaller islands that surround.  Phuket also keeps the traditional Thai culture in the eyes of visitors with local markets, temples and cabaret shows such as the famous FantaSea.  The Island certainly does cater to all needs and suit all travelers whether they are backpackers, families, honeymooners, or those looking to retire on the perfect tropical Island!

  • Phuket is Thailand's Wealthiest Province
    Previously mentioned, Phuket Island is one of Asia's top Resort Destinations and it this has played a key role in establishing Phuket as the Wealthiest Province in Thailand.  Since the early 1980's the tourist business has been Phuket's chief source of income. Hotels, restaurants, tour companies, and souvenir shops are much to thank.  From another aspect however tourism is by no means the island's only asset. Agriculture remains important to a large number of people, and covers by far the most part of the tropical island. Primary produce are rubber, coconuts, cashews, and pineapples.  Prawn farming has largely taken over the east and south coasts and pearl farming is also important. The fishing Port of Phuket is occupied at all times, processing of marine products, mainly fish, the Port also makes a significant contribution to the economy. With so much growth in industries supplying income, construction has become a major option for those seeking employment in the area. This range from public works projects, office buildings, hotels, apartments & housing estates.

  • Phuket has one of the fastest growing property markets in the world
    The property market in Phuket has not reached its peak yet unlike with other desired destinations around the world, there is still enormous potential for investment decisions which will lead to secure returns and happiness for your future.  As developers continue to build lavish estates and ocean villas the demand will increase.  The mountainous terrain on this tropical Island of Phuket is still protected, ensuring that no developers can destroy the majestic scenery which adds priceless value to all of those who travel and live in Phuket.   There are a number of developers on Phuket Island, the Richmond Group provide unique design, excellent build quality and first class services that are to be expected on an Island of such status.

  • The Cost of living in Phuket is Considerably Cheap
    When you compare Thailand with many other countries especially in Europe, America and Australia there is a considerable difference in expenditure.  In general, if you take a look at everyday living such as food, electricity, water, and transport you will find that you can afford to do much more than you would back in your native country.  This factor attracts many tourists each year which.  Thailand can accommodate those wishing to live like kings while others choose to live comfortably as they would back home.  The cost of living can be as cheap or expensive as you make it.  Your monthly expenses may be a third of what you would pay elsewhere and provided you keep in mind what you are spending at don't lose track of the rate of conversion compared to your costs.

    Phuket's appeal is so strong that it was one of the only places in Asia that was unaffected by the Asian economic crisis during the late 1990s. Property values also remained strong even after the 2004 Indian Ocean Tsunami.

  • Rental Returns on Properties Remain High
    Phuket's greatest asset is the Tourism Industry, obvious reasons are for the local economy but also for the guaranteed rental return on your property investment.  Tourists from everywhere come to escape from there cold winters and expensive living, not all of these tourists are the typical stereo-type 'backpacker' traveler, that is, they have budgets of all kinds.  Because of this reason the demand for short and long term rental is quite large, in some cases prices can range from $8 - $2000 per night depending on location, quality and service expected.  The Richmond Group offer rental returns on all of our properties, along with the excellent additional services and facilities provided.  Employed within the Resort Management group of Richmond are highly trained professional staff who have the ability to cater for all of your needs, whether it be gourmet chefs & restaurant, bars, spa's & fitness, child care or a company catamaran, Richmond can provide it all.  This is why you can rest assure that we have the capabilities to ensure your property investment in Phuket is successful for you. 

  • Infrastructure & Services
    With two international standard hospitals on the island, quality healthcare is available at a fraction of the cost in the West.  For this reason many people fly from all over the world to have surgery and put there complete faith in the proven quality medical care services and centers available here.  Phuket has an International Airport that caters to direct flights from Australia, Hong Kong, Singapore, Kuala Lumpur, Indonesia and Europe.  There are International schools available which offer education to international standards. Opportunities for Shopping and business are always available to attract buyers. With significant growth in terms of infrastructure development, Phuket is booming and Thailand is becoming a destination which provides an International Style of Living much sort after day by day. Communications and IT infrastructure in Thailand are among the best in South East Asia. In general, the business infrastructure in Phuket is very good. Telephone and Internet systems are of high quality and are cost effective.   

  • Entertainment in Phuket
    Phuket Island has a rich variety of entertainment options. These options are suited for the all types of travelers whether it be the sole backpacker or the entire family.  There are island tours, nature treks, elephant rides, monkey shows, water sports galore, fantastic snorkeling available and many more options to keep you well entertained during the day.  There are amazing restaurants and cabaret shows such as FantaSea.  For those who are seeking the party-thrill there are plenty of bars & clubs to suit in Patong mainly along with some other areas located on the Island.

  • Shopping In Phuket
    There are so many shopping centers in Phuket, as in Bangkok, from noisy night markets, street vendors, beaches stands, local shops to cool air-conditioned department stores including Robinson, Tesco Lotus, Big C and Central Festival.  The shops are located in different areas so that means your options for shopping is varied. Large department stores are located in Phuket Town and Patong. Other centers are along Ratsada Road, Montri Road, Kata and Karon Beach. 


Other Phuket Real Estate Opportunities:
THE RESIDENCE   -   THE PIER   -   THE LOCH PALM   -   THE PARK   -   THE PLACE

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