June 18, 2024

Phuket coastline with modern and traditional buildings, showcasing the real estate market.

Understanding the Current Property Prices in Phuket: A Comprehensive Guide

Phuket, a picturesque island in the Andaman Sea, has evolved from a tropical paradise for vacationers to a sought-after destination for those seeking a new place to call home. Understanding the property prices in Phuket can be a daunting task, especially for beginners. In this guide, we will decode the property prices in Phuket and provide you with all the information you need to know before purchasing a...

Aerial view of Phuket beachfront properties with construction cranes and greenery.

Phuket Real Estate Boom Raises Alarms Over Potential Money Laundering

Phuket's real estate market has experienced a significant boom, with property prices soaring by 15-20% over the past few years. This surge has raised concerns among authorities about potential money laundering activities linked to the influx of foreign buyers, particularly from Russia. Key Takeaways Real estate prices in Phuket have risen by 15-20% in recent years. Authorities suspect money laundering...

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