As we talked about recently, Phuket is great place to purchase a 5-star dream home in excess of 30 million THB upwards, but let’s be honest; not too many people can afford those kinds of prices. Fortunately, Phuket also has a great selection of affordable homes; more than ever before. Just a few years ago, it was difficult to find a quality Phuket property for less than 6 million THB.
Over the course of the past five years, we have seen a massive improvement in affordable yet quality Phuket condos and villas, making the island a very competitive market, which is great for everyone involved with Phuket real estate. The biggest winners being those seeking value for money.
First-time Phuket homebuyers now have a vast cacophony of choice across the island’s major destinations such as Patong, Karon, Kata, Kamala, Surin, Bang Tao and Nai Harn. The change in the market really has benefitted those seeking to buy a Phuket villa on a budget.