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Patong Beach

Thailand - Phuket

3 listings In Patong Beach

Patong Beach - Phuket

Patong is a large beach resort on the west coast of Phuket and is the heart of the island. It became one of the most popular attractions in Phuket thanks to its gorgeous white sand beach with crystal clear water and its world famous bustling nightlife. Home to upscale hotels, countless entertainment complexes and world class restaurants, Patong Beach welcomes tourists from all over the world, who wish to experience this big, crowded, bright and loud place globally renowned. Patong Beach registers the highest occupancy rate of the island and constitutes Phuket's heart of tourism. Its dynamism and popularity largely favour rental investments.

Listings in Patong Beach
Market overview

Investing in Thailand is nowadays a credible option to consider. With a healthy economy, excellent infrastructures, a major tourist attraction, a structured real estate market offering a good quality for its value, a low taxation and a clear law regarding real estate property, the country mixes all the required elements to realize a safe investment.Thanks to the stunning attractiveness of the region, the real estate market in Thailand knows a steady evolution of prices. Patong, Kata and Surin maintains their high level and offers one of the most luxury properties of the region. Due to its strategic location, its high-end infrastructures and its international airport, the island offers unique conditions to invest in an attractive and dynamic area. Facing this fondness, the local real estate has been modeled according to the new demanding inhabitants. The real estate offer perfectly meets the various expectations through different types of investments, from rental to residential, by way of speculative investments. Besides, the occupancy rate of rental properties remains high -around 75%-, which is a good element to know for future investors.

Buying basics

In Thailand, the law considers that a foreigner cannot own a land. The land where is built the property will be rented for a period between 30 and 90 years. Besides, the purchase is made in foreign currency (the bath, which is the Thai currency is not used).
As for the purchase of a condominium, the buyer will receive a "full ownership title" thanks to the "condominium license" but only if the good is legally registered as such.
It is encouraged to contact a professional of the real-estate market in the area to know the different steps of the buying process. It is well advised to be careful of unscrupulous vendors who might propose you a land or even a property he does not own.
Before any purchase, it is also recommended to examine the different legal documents such as the owner of the property, the plans...

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Discover Hotspots in Phuket

Phuket is the largest island of Thailand and is nowadays considered as one of the most attractive tropical seaside resorts in the world. This jewel of the Indian ocean spreads over 50 kilometers from north to south. Its northern end is linked with the continent thanks to a 600m-long bridge, called the bridge of the Saracens.The main wealths of the island are tourism -as it attracts more than 3 million tourists every year-, its rubber plantations, coconut and fishing. After Bangkok, Phuket is the richest region of Thailand and it enjoys a very diversified population as it welcomes Thais, Chinese, Malays, Europeans and Indians, among others.This dramatic place became famous in the 1970s due to the arrival of hi...

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