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Kamala Beach
Yesterday I went to see an apartment near Kamala on the West Coast of Phuket.
The owner needs a quick sale, so the price is pretty good.
He bought it back in 2003 for 4,000,000 Baht (US$ 127,632).
And spent 800,000 Baht (US$ 25,526) on furniture.
Now he is asking just 3,900,000 Baht (US$ 124,441).
All the furniture is included too.
What is it like?
The apartment has 115m2 of living space.
Inside is an open plan living room with a large fully-fitted kitchen…
Cape Panwa, Phuket Thailand
Today, in the final part of your location guide, let’s take a look at the South East Coast of Phuket, Thailand; Phuket Town and South.
You will discover why it is popular, the place in Phuket that’s applied for UNESCO World Heritage Status and why Cape Panwa is a bit different to the rest of the East Coast.
Just a few years ago property prices on the South East Coast were much lower than on the West.
It was simple…
Layan Beach, Phuket, Thailand
Over two years ago these apartments in Phuket, Thailand were sold for 21,000,000 Baht (US$ 684,935) each.
They were bought by a company that was hit hard by the recession.
Now the company desperately needs to sell assets to rescue its cash-flow.
And it needs to sell fast.
So it’s asking just 15,950,000 Baht (US$ 520,225).
A saving of 5,050,000 Baht (US$ 164,710).
Or 10,100,000 Baht (US$ 329,420) – if you buy both.
Plus you get a guaranteed rental…
The owner of this villa needs to sell fast
The owner of this villa needs to sell fast.
So he is willing to take less than he paid for it.
He paid 14,500,000 Baht (US$ 470,474) in 2010.
Today he will let it go for 14,200,000 Baht (US$ 460,740).
I know that doesn’t sound like a huge saving.
But when you consider the house next door is on the market for 18,500,000…
Property on the North East Coast of Phuket
Today let’s take a closer look at property on the North East Coast of Phuket, Thailand; north of Phuket Town.
You will discover why it’s not as popular as the West. Why it is ideal if you enjoy boating. And what you need to look out for when you buy.
The truth about the North East Coast
The North East of Phuket is largely un-developed and there is a good reason…
Naiharn the most south-westerly town in Phuket.
During the six years that I’ve lived in Phuket, Thailand I have visited just about every property development on the island and got to know all the towns – including the back streets.
As you know, it’s important to understand a little about the different areas. Find out which places suit your investment plan and lifestyle, and the sort of prices you should be paying.
So here is the second part of…
…plus your own 30 metres of ocean-front.
And don’t worry about the Poo.
Because it is the island you can see in the distance…
Koh Poo (Crab Island) is a popular spot for snorkelling.
There are only a few villas on the ocean-front in Kata.
And they don’t come up for sale very often.
This one is between Kata Noi Beach and Kata Beach.
It was built in 1999.
At that time the idea of buying a holiday…
Part 1 – North West Phuket
As the old cliché goes – property is all about location, location, location.
So here is your guide to what each area of Phuket, Thailand can offer you.
To keep it simple I’ve split Phuket into 4 zones:
- North West Phuket (North of Patong)
- South West Phuket (Patong and South of Patong)
- North East Phuket (North of Phuket Town)
- South East Phuket (Phuket
Sansiri launches new dCondo project in Phuket, Thailand
Thailand property developer Sansiri launched their new dCondo project in Phuket last weekend and all 556 units sold in record time.
Buyers started queuing at 7am and by 10am everything was gone.
This reminds me of the heady days of real estate in Dubai and Spain. It is definitely not something you would normally associate with Phuket.
So, who’s buying?
Sansiri’s dCondo development is aimed entirely at the Thai domestic market.
According…
…but in Phuket I think you need your head examined if you are thinking about taking to the roads on 2 wheels.
Not so here.
These villas are just 200 metres from Nai Harn Lake.
And the 2.5km path around it is ideal for cycling – no cars, trucks or motorbikes to dodge.
If you prefer to walk it’s perfect for that too.
But if cycling and walking are not your thing – how about some Dragons and Swans?
Don’t worry I’m not crazy – well not yet.
You see Nai Harn Lake has boats in the…
