Where are the best places to buy in Phuket for investment purposes?

I am looking at a few different places in Phuket but need to understand more about which areas are best for getting a steady year-round rental return and hopefully some capital growth (in 5 years+ time)

Newbie Asked on 6 November 2015 in Phuket.
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Most rental return packages in Phuket are guaranteed and range from between 5 – 15% a year for 3 – 5 years.
Properties in Phuket offering a guaranteed rental return can be found on the following link: Properties with Guaranteed Rental Return in Phuket

Phuket’s tourism and expat community is largely centered around the west coast due to the abundance of beaches on that side of the island. It stands to reason therefore that most developments offering guaranteed rental returns will be positioned there. 

Capital growth is subject to a host of external factors  that affect the overall tide of the market; economy, tourism, immigration, supply and demand, exchange rates and unpredictable forces of nature to name a few. Taking into account recent advancements in existing and planned infrastructure on the island, such as the extension of Phuket International Airport, new roads , shopping centers as well as a light rail that will run from the airport to the south of the island, it seems that the government is investing in Phuket to ensure it can sustain an increase in visitors.

Where the economy is concerned. the recent formation of the  Association of the South East Asian Nations (ASEAN) is likely to increase the size and quality of the labor market in Thailand.  In addition, Phuket’s proximity and direct flights  to China has helped it to attract an increasing number of Chinese tourists which has also caused many business to adopt stark changes in order to accommodate Chinese buyers. The effects of which should trickle down to the real estate sector as Chinese visitors  invest in property on the island. 

It should be noted  that visitors to Phuket and buyers of property  here come from all over the world, and this diversity makes  it is more resilient and less affected by economic downturns in anyone particular country. It is also worth mentioning that Phuket’s charms are largely due to it’s tropical weather and beautiful beaches. Alot of effort has recently been made, by the government, to ensure that beaches are kept clean and protected from encroachment of businesses.

So to answer the question of  which area you should buy for return on investment, I would say stick to the west coast. Will you see capital growth in 5 years time? I would predict that whilst the island retains it’s natural charms, the visitor numbers rise and the government  continues to invest in appropriate infrastructure to accommodate it, demand for property should meet and may even exceed supply resulting in property prices rising and an increase in capital growth. 

Newbie Answered on 9 November 2015.
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There are plenty of condo developments in Phuket, which are offering guaranteed rental returns from 1 year up to 15 years.
Most of those developments with guaranteed rental returns can be found in Patong, Bang Tao and Nai Harn.

Newbie Answered on 9 November 2015.
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