Elite Phuket Real Estate Article

Phuket’s Real Estate Market Continues to Boom

The Phuket real estate market continues to boom, with property prices rising across the island. In the first quarter of 2023, the average price of a condominium in Phuket increased by 10%, while the average price of a villa increased by 15%.

This growth is being driven by a number of factors, including the island’s strong tourism industry, its growing expatriate population, and its limited land supply. Phuket is also becoming increasingly popular with investors from all over the world, who are attracted by the island’s potential for capital appreciation and rental income.