Purchasing real estate in Phuket is an exciting opportunity, but it requires careful planning.
Purchasing real estate in Phuket is an exciting opportunity, but it requires careful planning.
Step 1: Choose the Right Property Type
- Condos: Foreigners can own freehold.
- Villas & Land: Typically available under leasehold agreements.
Step 2: Select the Best Location
- For rentals: Patong, Kata, Kamala
- For privacy: Rawai, Nai Harn, Surin
Step 3: Understand Legal Aspects
- Foreigners can own condos directly.
- Villas are usually owned through long-term leasehold agreements.
Step 4: Secure Financing and Close the Deal
Work with reputable agents, conduct due diligence, and finalize the purchase.
If you’re planning to buy property in Phuket, following these steps will ensure a smooth and successful investment.
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