Phuket Luxury Homes
Those in search of a little luxury need look no further than Phuket
for a wide selection of the finest villas, whether it’s for rental or
purchase. Celebrities such as Roger Moore, as well as large, corporate
players and much of Bangkok’s high society enjoy luxurious second homes
on Phuket, as well as high net worth investors from around the globe.
With
a Luxury villa costing on average $1.2 million, investors are able to
offer holiday rentals and currently anticipate rental yields at an
average 6-8% per annum. Villa owners establish a contract with a villa
management company like Phuket Villas and Homes who takes care of the
villa and oversees marketing and bookings, with the owner being
allocated certain time periods when the villa is kept for their private
use.
International hotel brands such as Banyan Tree and
Shangri-La have now joined the luxury villa market, offering sumptuous
villas with all the luxuries of the best hotel facilities, whilst
allowing the investors to reap financial rewards from being associated
with such famous and well established brands. Some buyers find this
option too restrictive, however and opt instead to invest within a
luxury residential development or even to buy a stand alone luxury
residence and employ their own private team of staff.
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