Although the past few years have been a trying time for economies around the world, things seem to be getting better by the day, especially in Phuket, where we are seeing more developments and villas constructed than ever before. One part of the Phuket real estate market, and across the globe for that matter, which is sometimes seen as impervious to recession is the high-end property market. You could say that people with lots of money still have lots of money, even during times of economic crises.
The low to mid range markets are always affected during times of economic uncertainty, while the high-end market powers on like nothing has even happened.
Phuket is home to a vast amount of villas with the price range from 30 million THB upwards. Some of the villas in Phuket with the highest price tags are simply astounding, showcasing sea-views and 5-star designs from every angle.