Phuket Real Estate

In the past seven years a property boom has taken place on Phuket’s west coast. Kick-started by the opening of the pioneering, combined hotel/residential development, The Amanpuri, numerous other projects tucked away on remote headlands and in the steep hills have been completed or have begun construction.

In ten years’ time the topography of the west coast will be changed forever. For Phuket has now firmly entered the era of the Million Dollar Home.

Leading this revolution are a visionary group of developers who believe the time is right for ultra-modern, ultra-luxurious and ultra-expensive private housing on the island. From Nai Thon to Kata, demand for these palatial properties is showing no sign of abating.

Property on the west coast is increasingly being snapped up by business people based in Asia - Hong Kong, Kuala Lumpur or Singapore – who view Phuket as an ideal base from which to run their businesses. As well as a dream home with stunning views of the Andaman, Phuket also offers them great weather, great beaches, friendly people and world-class flight connections, schools and services. Alongside this increase in permanent residential development, the template for the traditional holiday home is also being refined to offer high quality, low-density property with expertly managed rental services and attached facilities.

The style of home on offer, in most cases, is contemporary Thai with Western facilities. Most places are sold off plan, meaning that buyers get to discuss specifications before building commences. Environmental considerations are taken very seriously and natural features are left in place as much as possible – this often means that trees are replanted and rock formations built around. A high degree of privacy should also be expected with the exclusive price tag.