Phuket’s Blooming Tourism
Phuket gets an average 10% increase in tourists each year.
With the growing number of tourists arriving each year, Phuket International Airport is now able to support 18.5 million passengers rather than the previous 12.5 million.
Among all 35 million tourists coming to Thailand in 2018, six million visited Phuket.
The mass arrival of vacation seekers from emerging countries like Malaysia, Vietnam, Japan, and China, is constantly increasing.
Phuket is the main destination for clientele seeking luxury getaways from Hong Kong and Singapore (Phuket is only a 2-hour flight away).
Why all the excitement about Phuket?
Tourists come to Phuket every year from all over the world to be entertained and party, to escape winter, to savor the exquisite cuisine and to enjoy the magnificent natural landscape.
The Andaman Sea offers breathtaking views and an ideal environment for diving and snorkeling, particularly around the world-famous Similan Islands.
There’s an almost endless list of activities available in Phuket, including diving, tree climbing, karting, shooting, elephant trekking, quad biking, windsurfing, fishing trips, cultural shows and golf.
There are 50 km of white sandy beaches and clear blue water to enjoy on Phuket’s coast.
Phuket has 29 magnificent beaches, including the 7th most beautiful beach in Asia according to TripAdvisor: Nai Harn Beach, and 3 others in the top 25: Kamala Beach, Kata Noi Beach and Karon Beach.
Phuket is connected to the mainland by a bridge in the north, which allows visitors to easily explore the surroundings, such as the marvelous Phang Nga, the location of Railey Beach and Koh Phi Phi. Some nearby attractions are classified as UNESCO World Heritage sites, such as Lake Khao Sok.
The Buddhist culture is very welcoming and the Thais are warm and friendly people.
No other island in Asia has so much to offer in terms of spectacular landscape and infrastructure.
The proximity to Asian countries, such as China, Malaysia, Singapore and Hong Kong, makes Phuket an attractive holiday destination for those who don’t get access to pristine beaches.
There’s a community of ex-pats (around 30,000 people), including French, Italian, Australian, and British residents who are attracted to Phuket for its infrastructure and quality of life.
Phuket Property Market
Land plots in prime locations are rare, which means a high added value for short-term investment.
Property owners in Phuket benefit from good rental yields of between 6-8% per year.
Promoters offer financing and guaranteed returns of between 5-15% for periods of 2 to 15 years.
There are no property taxes.
Profits gained from property in Phuket will remain under the radar back home since Thailand isn’t part of the G20.
An average budget of $150/€130 per night is plenty to enjoy Phuket’s delights.
Phuket’s vacation properties enjoy an 85% occupation rate in the high season, and 72% per year (C9 Hotelworks).
The Possibility of Property Ownership in Thailand
Since the Condominium Act of 1979 was revised in 2008, it is possible for foreign investors to own a property. At Himalai and Grand Himalai, we offer both freehold and leasehold title deeds.
Why choose Grand Himalai Oceanfront Residences?
Grand Himalai Oceanfront Residences are in an ideal location for investment & residential properties, situated on the infamous Millionaire’s Mile Road, just 60 meters from the beach. Patong is only 15 mins’ drive away, and 35 mins away from the airport.
This development benefits from world-standard professional management Ramada Plaza by Wyndham. Furthermore, an investment return of up to 14% makes these properties extremely attractive.
In short, Grand Himalai Oceanfront Residences offer the opportunity for a stunning, panoramic, oceanfront dream home away from home.