Phuket Luxury Villas for Holiday

Whether to buy or rent, villas are usually advertised online, in the local press or through real estate agencies. The property market on Phuket is generally run by international professional estate agents. The West coast bays at Patong, Kata and Kamala have become the most popular destinations for a majority of the luxury villa market. Most of the sought after land is generally taken up by resorts and hotels, but there are still may options for developing homes and rental properties.

On Phuket the luxury villas typically have a large open plan living, dining and kitchen area with 4 ensuite bedrooms housed in. The infinity swimming pool is set in beautifully manicured gardens overlooking the sea or with a view from the mountain over the bays. High prices are expected for these properties with the average starting price from 40 million baht and peaking at around 100 million baht.

These villas have proved to be very popular for investors for the spaciousness and privacy they offer. The last few years has also shown good financial returns for these investments. Due to the large amount of ready built villas and properties, the variety of styles, locations and amenities has meant that Phuket has become the major choice for buyers. A property can increase in value from 50- 100 percent within the period from build to the transfer of the paper work leading to the purchase. The trend in the property market on Phuket has generally mirrored the world wide path in other top resort destinations around the globe. In reality Phuket has now become the number one choice for those seeking a second home or a retirement property in Thailand.