Have you noticed how every time you hear a story about hotel occupancy numbers, they all talk about how their figures are always down year upon year, while the tourist arrival statistics for Phuket are always on the rise? Seems like a contradiction, right?
This is because many tourists to Thailand are now opting to rent a private villa or condominium instead of booking a hotel room. It makes sense, and with many Thailand holiday villa rental companies I talk to making a point of informing me that their numbers have dramatically risen over the past three years. One third of international visitors to Thailand return to the country, understand how things work here and opt for their own privacy with a Phuket villa rental.
This means that it is a perfect time to invest in the Phuket property market to make back high rental returns on investment. Please do remember that when you are purchasing a villa to make back rental returns, make sure your property is located in a prime Phuket tourist area such as Patong, Karon, Kata, Kamala, Surin, Nai Harn, Bang Tao or Laguna.
The time is now for investment in the Phuket villa rental return market, so choose your property wisely and think about what a holidaymaker would want for a vacation in Phuket.