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Why invest in Phuket?

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Why invest in Phuket?

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Rom Shark

As far as I know, Phuket has been quietly developing over the last twenty years into a high-class resort destination. Nowhere else in Asia there are such well maintained roads, trendy beach clubs and restaurants . It is no wonder that so many successful people decide to invest their money in Phuket. A good friend of mine is currently thinking over selling his business and investing money in real estate in Phuket (via http://phuket9.com/ ). I wish him good luck!

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Phuket is undoubtedly becoming the new playground of Asia and although a small island (550 kilometres square) has every modern amenity including, international hospitals and schools, modern infrastructure and roads, broadband communications, beautiful beaches and landscape, the finest hotels and restaurants, international shopping malls, friendly welcoming people, relaxed living and little crime, and last of all a warm climate all year around. Several new marinas and golf courses are also being built. How it works When buying off plan (as opposed to resale property) you put down a reservation deposit to reserve the plot, Villa, Condo etc. and then usually within 30 days after seeking legal advice and contracts being vetted and due diligence carried out, [Siam Legal Advice] you sign contracts and pay the first installment of anything between 15-30 % of the sales price and the remainder over a period in stage payments based on build completion until it is finished which is usually approx

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