The Phuket property market has exploded in recent years, attracting seasoned investors looking to diversify their investments as well as perhaps somewhat inexperienced investors just starting up their real estate portfolio.
At first glance the cheap condos in Phuket might look like the best deal; you’ll get ”more property” for your money, right? That is not necessarily true though, and in this article, we will outline exactly why you shouldn’t cheap out on your condo investment, in Thailand and Phuket in particular.
For personal consultations, fill out the client registration form or contact us and we’ll be more than happy to give you all the guidance you need on your way to your Phuket real estate investments. We also recommend that you check out our recommended Investment Properties in Phuket.
While it might be tempting to purchase a cheap condo because you don’t want to put too much money in the market, it’s important to also take into consideration what you’ll actually get as a higher price per square meter often means higher quality, better finishing and just a higher standard.
This is particularly important for investors who plan to use their property as a holiday home on a regular basis as the quality directly will affect your living standards. This Premium Hotel Managed Property in Kamala is a good example of a property that is on the more expensive side but also will provide a high-quality experience. Also another compound that sought after by many is Cassia Laguna Phuket project. Every year so many tourist prefer to stay in this project, so it is easy to rent out and of course easy to sell whenever you wish to do so.
The price will also almost certainly reflect not only the location of the unit in the building (what’s the view etc.) but also the location of the project as a whole. Prime land plots in Phuket are not cheap, and particularly sea view and beachfront properties are in high demand driving the prices up. For example Patong is one of the most popular areas in Phuket when it comes to tourism. This Patong Condo for Sale is a good example of what you can get for the money. There are so many similar options available in Phuket.
If your budget is limited you might want to consider a bank loan if the expected rental return outweighs the bank’s interest rate. You can find out what is required to be eligible for a bank loan in Thailand here.
Off-plan projects also often offer payment terms that can be stretched over several years.
“I really like the project, but the common area fee/maintenance fee is too high” is the feedback we receive from our clients from time to time when recommending a project.
When you think about it, it’s a contradictory statement as the higher common area fee might be a reason why the project is so attractive in the first place!
A higher common fee means more money to be spent on staff, repairs, and just general maintenance keeping the property in tip-top shape. Not only will that lead to a pleasant experience for residential use, but also higher achievable rental returns and higher resale value.
Similar to the point regarding a maintenance fee that is on the higher side, a relatively high rental management fee will almost certainly mean a more professionally managed rental management operation. If a big hotel-chain has been brought in to manage the property, they certainly won’t do it on the cheap.
On the positive side, Hotel Managed Condos in Phuket is likely to make you more money in the long run as they can leverage their experience and knowledge about the business. If you are interested in finding out who will manage a certain property, ask a trusted real estate agent who surely will be happy to help you out.
The achievable rental returns can be described as a function of the price. You will often hear that a property is expected (or in some cases even guaranteed) to generate a certain percentage of rental return every year.
If your 3 million baht property at project x is expected to generate a 10% rental return of 300,000 baht per year, how much would a 5 million baht property at the same project generate? You do the math and tell me which will put more money in your pocket. Hint: It’s not a cheap property in Phuket.
We always recommend our clients use a lawyer when purchasing a property in Phuket. While it’s generally a clean and honest market, it’s good to have someone with knowledge of the law in your corner. Keep in mind that you not only need knowledge of the law but might also need to battle the language barrier.
If you are purchasing from a large development, there will almost certainly be lawyers around that have been hired to review the sales and purchase agreement and various contracts regarding that project already and will have experience of the paperwork. You can read more about the procedures of using a lawyer in Thailand here.
As a modern online company, we pride ourselves in taking advantage of the newest technology to providing increasingly sophisticated services to our clients, and virtual tours and virtual open houses are services that are getting increasingly popular.
With our exclusive virtual property viewings, you can inspect properties without physically having to go there!
What are you waiting for, schedule your virtual property today!
Phuket is recognized as one of the most popular holiday destinations in the world, but Phuket is so much more than just a tourist island. As a result, a rising amount of foreigners have fallen in love with Phuket and opted to make the island their permanent home and are as such in need of a residence near amenities like International Schools etc.
If you are one of the many expat families calling Phuket your home and looking for a home near an International School, you are in luck as we have compiled a list of properties suitable for you.
How do we define a family home? We have made the distinction as villas and houses with larger land plots for the kids and spacious living areas to ensure a certain amount of privacy, and that the properties are already built and as such ready to move in. Spacious and well-equipped kitchens are also of course a must for a permanent family residence.
The list is ordered from North to South. Enjoy browsing through the properties, and do not hesitate to reach out to us if one (or several) peak your interest. Can't find what you are looking for? Reach out to us to schedule a personal consultation and we'll put together a list of properties, completely personalized and based on your requirements, or browse through our full inventory of villas for sale in Phuket.
You can find a villa in Kathu which is quite close to International School such as this Loch Palm Villa for Sale.
Thalang - Near UWC Thailand - also near Thanyapura Sports and Health Resort in Phuket.
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Phuket Town / Kathu / Koh Kaew - Near schools like British International School, Phuket, HeadStart International School, Phuket, Kajonkiet International School, QSI International School of Phuket.
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Chalong / Rawai - Near schools like BCIS Phuket, International School of Phuket (ISP) and Oak Meadow International School.
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In this article, we will guide you through the process of how to sell your property in Phuket, Thailand, from the start of listing your property for sale, up until the handover to the new owner.
As we work on commission, it is completely free to list your property with us, and no agency fees are paid until we sell your property. Contact us to find out more about our commission structure.
Note that this is the sale process for clients listing their property with us at Pulse Real Estate, other agencies might do things slightly differently.
List Your Property in Phuket for Sale
You can submit your property for sale right on our website, list your property in Phuket (you can also reach that page by clicking "Sell" in the header menu). There are certain fields with basic information that is required to fill out, but it helps to be as detailed as possible and add as much further information as possible.
We will need copies of documents like your title deed (chanote) and a copy of the seller's ID/passport to ensure that you indeed have the authority to sell the property and to confirm the ownership status.
Unless otherwise stated, our agency agreement is non-exclusive, meaning that you are free to sell your property on your own and list with other agencies simultaneously. We can also work as your exclusive agent, which includes reaching out and offer your property to our email list of 800+ partners on Phuket. Contact for more details on the commission structure as your exclusive agent.
If owners can not provide photos, we can come and take photos. Professional photos and video services can be provided at an extra cost.
If you are not living in the property you are looking to sell (or staying elsewhere in Phuket), we will need the contact of a person holding the key or otherwise can give us access to your property. For houses and villas, this could be a maid or a friend.
For apartments and condominiums, the key can be left with the juristic office who can give out the key to us upon authorization from the owner. To allow for viewings on short notice, a permanent authorization for us to pick up the key would be preferred.
We highly recommend that you ensure that your property in as good of a shape as possible and fresh and attractive for viewings, even if you are not currently staying there yourself. This is particularly important for villas where there is no common area maintenance. An overgrown garden or dirty pool can be a real turn-off for buyers.
When you accept a bid from a buyer, we will produce the Reservation Agreement for you and take the property of the market. It is standard to take a non-refundable deposit from the owner. A standard number for the reservation fee is 5% of the agreed sale price, but the deposit can be anything from 100,000 THB to 20% of the final selling price depending on your terms.
We will work with the lawyers of the buyer and the seller to produce the Sales and Purchase agreement. All the conditions of the deal are to be included in the Sales and Purchase Agreement, including the agreed price, payment terms, which items are included like furniture, kitchenware, etc and any other terms the buyer and seller agree on. We advise both buyer and seller to hire their own independent lawyers to hash out the details, to ensure no unpleasant surprises surface.
The sales and purchase agreement is most commonly signed at the land office, the office at one of the lawyers, or at our office. Copies of documents have to be signed by all parties, but deals can be completed remotely by giving power of attorney.
For the final transfer at the land office to take place, both buyer and seller have to be present or represented by someone with power of attorney. At his point, the property taxes and fees are paid, payment made from buyer to seller (or at a later stage, all according to terms in the sales and purchase agreement), and finally the property is transferred to the new owner.
The turnover time will vary, especially as owners have different reasons to sell their property and therefore will apply different pricing strategies.
Currently, Phuket is a buyer's market, so if you are in need of cash and looking for a quick sale, you probably have to be prepared to drop the price below market value. If the timing is wrong and your asking price too high, a sale might not be achievable without adjustments.
What we have seen is that properties with price discounts are moving faster than ever now during COVID-19 times, as investors are looking to snap up properties. Keep the competition and current market trends in mind when deciding on the asking price of your property.
We at Pulse Real Estate are focusing our marketing efforts mostly online, but we also have two live locations to attract walk-in clients. We have a website with thousands of property listings for sale and rent built on the latest technology, and several thousand users every month, looking to buy and rent real estate in Phuket.
We are also listing our properties across the most popular property portals in Thailand and make use of social media like Facebook, Instagram, and Twitter as well as less known online marketing tools to market our properties. We have been in business since 2013, and have built up a large database of clients and investors to reach out to and target with remarketing when good deals come up.
Now without further ado, let's get to the step-by-step list of selling property with Pulse Real Estate.
Laguna Phuket is Asia's first integrated destination resort, a holiday paradise of deluxe hotels, serviced resort style condominiums, pool villas and luxury property spanning 1,000 acres of tropical parkland. Laguna Phuket offers something for everyone with ample opportunities for fun, romance, relaxation, and exploring, and plenty of luxury homes for sale and rent.
Laguna has a wide variety of housing and apartment projects with properties like Laguna Homes Phuket, Cassia Phuket for Sale, Angsana Laguna Phuket, Allamanda Laguna Phuket, Laguna Sky Park etc. Browse through the hottest Laguna properties on the market below.
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More Homes in Laguna Phuket for Sale
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More Homes in Laguna Phuket for Rent
Whether to be used as a primary residence or a holiday retreat, homes in Laguna offer appealing and incomparable lifestyle benefits. Perfectly situated to take advantage of the area's diverse choice of attractions and amenities, homeowners of Laguna property can enjoy discounts and privileged access to spas, restaurants, recreation and leisure facilities, and the World's Championship in-resort golf course.
The Laguna area offers properties ranging from sea-view apartments, and contemporary townhomes, to luxurious golf course pool villas with an appealing combination of lifestyle gains and return on capital investment. Perfectly situated to benefit from Laguna Phuket's diverse choice of attractions and amenities, all brands of properties by the Banyan Tree Group offer an appealing combination of lifestyle benefits, capital returns, and rental yields, backed up by professional management services. Only 25 minutes from Phuket International Airport, your home in Laguna will be a popular destination for holidaymakers and makes it easy for owners to dip in for a weekend.
Available facilities and activities include spas, restaurants and dining at luxury restaurants like Saii Laguna Phuket, bars, boutique shopping, private charter and join-in luxury tours, daily activities at most Laguna Phuket resorts, canoeing, sailing, golfing at Laguna Phuket Golf Club, and only a few minutes from the pristine beaches of Bang Tao Beach, Layan Beach and where you can find beach clubs like Catch Beachclub, Xana Beach Club etc.
Luxury condos in Phuket are an attractive alternative to a villas or houses as they can be owned freehold which means 100% in your own name the same as you would own property in your home country. In addition, luxury condos usually have their own private pools as well as a wider range of onsite facilities and 24-hour security.
Investing in a luxury condo means the opportunity to live the dream in the most magnificent surrounds available on the island whilst having the security of ownership.
Below is a selection of some of the best available luxury condos in Phuket.
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Just like the rest of the world, Covid-19 has had an effect on the property market in Thailand and in Phuket. In 2020, the virus did not spread quickly in Thailand and there was a low number of hospitalizations and a low death rate. Indeed, it felt like the virus itself was a problem in other parts of the world and Thailand with it’s hot climate remained largely immune.
It was however, the economic impact of the virus that was the most devastating with the country’s famed tourism industry taking a massive hit with 1.5m jobs lost in the tourism sector overall. Phuket being an island that relies on overseas visitors was particularly damaged economically.
By mid-2020, Thailand was closed to outside visitors and we started to see an increasing number of property owners dropping the price of their homes in order to achieve a quick sale.
These sellers were motivated due to an urgent need for cash as a result of their domestic situation back in their own country. It should be noted that we did not see in this period a general downturn of the whole property market on the island as sellers who were not desperate for quick cask opted to keep prices the same or chose to remove their property from an increasingly discounted market.
The property market in Phuket is comprised of primarily holiday homes owned by foreigners, paid for in cash, without any bank financing. Therefore, the dominant market forces at play are; the state of the world economy, exchange rates and the cost of land.
By the time we hit quarter 4 in 2020, there was an uptick in market activity in comparison to quarter 3 as motivated sellers began to be matched up with buyers looking to snap up properties below the market value. Due to the travel restrictions, many properties were purchased remotely. This trend continued to the end of the year and into 2021.
The good news is that going in 2021, there has been an increasing number of discounted properties coming onto the market so if you are thinking of investing and unable to travel just yet, it is not too late. There are still some great deals out there and new ones emerging.
To help you easily locate the property bargains, we have profiled the most heavily discounted properties in Phuket and have ranked them based upon percentage discount offered. Also, useful to know, on our website you will see properties reduced in price ranked higher up in the property search results by default.
This has been the first part of our Covid update for the property market in Phuket; in the next article, we will take a look at the emerging trends and the key things investors should focus on as Thailand re-opens.
Oops! We did it again! We previously won an award for the best real estate agency website in the Asia/Pacific Region.
PhuketCondo.net (now Pulse Real Estate) has now also been named as one of the Best Real Estate Agencies in Thailand by Dotproperty.
We are proud to see our hard work and efforts acknowledged. This award comes with great responsibility for us to keep the standards high and work even harder.
Honesty, integrity, and friendliness are our strongest suits. We will work even harder to deserve your appreciation.
Thank you very much!
Browse through our inventory of property for sale in Phuket, and do not hesitate to reach out for a private consultation with one of our property advisors.
We are proud to announce that PhuketCondo.net (now Pulse Real Estate) won International Property Award, Best Real Estate Agency Website in Asia/Pacific Region.
Amongst many reputable Real Estate Agencies in Asia/Pacific region, IPAX panel of judges decided to choose the Phuketcondo.net website as the best real estate agency website this year.
We are extremely happy and proud to see our hard work is recognized, and this gives us more motivation to aim for better.
Needless to say, this is not the last award we’ve won. We might be a young company, but definitely, we are one of the best agencies in Thailand and we are very proud of it. Thank you everyone for the support. Time to celebrate and work even harder to get some more of these plaques.
Browse through our inventory of real estate for sale in Phuket, and do not hesitate to reach out for a private consultation with one of our property advisors.
Pulse Real Estate (formerly known as PhuketCondo.net) is in the news as the Head of our newly launched Phuket Rental Management Service, Mike Lundin, answered a few questions on the subject of How to Rent Out Property in Phuket.
The online interview was conducted by Asia Property HQ, a website that publishes weekly free articles aimed toward Asian investors who wish to purchase properties abroad.
There is a wide range of residential properties in Phuket; “well, aren’t all properties residential?” I hear you ask. The answer is “yes” but a part of the Phuket property market is geared more towards investment properties, namely condo units managed as hotels providing owners with hassle-free passive returns on investment. These units tend to be smaller and although some are bought for residential use, the majority of buyers purchasing a property for full-time residence usually opt for larger one or two-bedroom condos, sometimes a penthouse or a duplex or a stand alone property such as a house or a villa. Some compounds in Phuket such as Land and House Chalong Phuket are in demand because of their location, well managed conditions and security.
There is a wide range of available houses, villas, and other types of properties in Phuket. There are some new boutique developments with a small number of villas incorporating modern designs and features. Buyers choosing a stand-alone villa have many re-sales to choose from which often incorporate Western styles and designs. Importantly, with older properties, you are generally able to get more ‘bang for your Baht’.
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The advantages in choosing a condo as a residential property are that it can be owned freehold in the buyer's own name plus owners will usually have access to a wider range of onsite facilities such as a swimming pool, gym, shuttle bus, a reception, and perhaps a restaurant as well as 24-hour security.
Smaller sized units in condominiums are possible to live in as a single person, and of course low cost, but many couples feel 30-35sqm is suitable for living in shorter periods only and in choosing a property to live in full-time generally larger units beginning at least 45sqm are preferred. Various unit types and styles are designed with residential buyers in mind such as duplex, penthouse, and pool access units.
In the vast majority of condominium developments, there is a range of unit sizes and types ranging from studios, one-bedroom, two-bedroom units and sometimes three-bedroom units. The average prices of new condominiums in Phuket average a little over 100,000 THB per square meter so it's easy to do a quick calculation to see how many square meters your money will get you.
In the resale market, there are some bargains to be had. Buyers that are willing to consider an older property that may require some imagination and renovation will have a good chance of securing a larger living space. Condos without sea views which are slightly away from the main resort area can be picked up for a considerable discount per square meter in comparison to newly built condos.
For those aiming to spend 15m THB and up there are some stunning luxury condos available which amongst the most breathtaking properties in Phuket.
The property market in Phuket offers a wide variety of options for investors looking to buy a property to live in full-time or part of the year. Phuket remains a top choice lifestyle destination and the quality and range of properties available is increasing all the time.
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Looking back a couple of years, it is correct to say the number of Russian tourists visiting Phuket has dropped dramatically due to the great devaluation of their currency. The good news is, the numbers are on the rise again.
More than half of the total Russians visiting Thailand prefer Phuket. 51% to be precise. Pattaya is the second most visited place in Thailand by Russians, Bangkok follows these two. As of 2016, Russian tourists have brought/spent about 30 Billion Thai Baht in the Land of Smiles.
Russian currency still hasn’t recovered to explain this increase in Russian tourists, but the temporary political crisis between Turkey and Russia, and the Metrojet crash in Egypt in 2015 made Phuket a more popular choice among Russian travelers.
The number of Russian arrivals made its peak in 2013 with almost 2 million tourists. This number has decreased dramatically over the last couple of years, but in 2016 it increased to 1.2 Million.
By the look at the Russian Rubles trend and the increase in the oil prices, it might be accurate to say 2017 will be better in terms of the number of Russian tourists visiting Thailand.
We have a full Russian-speaking team ready to serve our Russian clients considering investing in Phuket’s real estate market. Considering Russians mostly after Phuket Beachfront Property for Sale, more beachfront listings coming up on the market recently.
Browse through our inventory of Real Estate for Sale in Phuket or take advantage of our Property Finder Service to send us your requirements directly, and we'll compile a list of properties suitable for you.
Crystal clear water and white sand combined with pleasant scenery, low prices, and high-quality medical care make Thailand one of the most popular retirement sites for people all around the world.
Not long ago, Thailand also began to accept 10-year visa applications for seniors, making the country even more attractive for both investors and retirees looking to buy a home. The extension will be offered for tourists from 14 countries, namely Australia, Canada, Denmark, Germany, Finland, France, Italy, Japan, the Netherlands, Norway, Sweden, Switzerland, the United Kingdom, and the United States, but more are likely to be added.
Therefore it should come as no surprise that savvy Chinese buyers have become more and more attracted to property and land investments in the red-hot property market in Thailand as well.
Thailand accounted for 70% of total real estate inquiries among Southeast Asian countries in the third quarter of this year (2017), according to data released by real estate agents. Meanwhile, Thailand also ranks third on the most home buyer destination list for Chinese buyers, with the top five popular spots being Pattaya, Phuket, Hua Hin, Bangkok, and Samui.
“In the beginning, the purchase of property in Southeast Asia was for the purpose of investment, but with the policy changes in Thailand, we can clearly see a rise in purchasing for self-occupation,” a real estate intermediary in Pattaya was quoted saying according to 21st Century Business Herald.
In addition to the pursuit of popular investment properties with a guaranteed yearly return of 5%-8% on the investment, Chinese investors have become increasingly interested in owning land in Thailand.
As a result of Thai legal restrictions, foreigners can only hold 49% of property rights per condo development, and can not own land at all as a foreigner. But the law does not prohibit foreigners owning Thai companies to own Thai land or villas, but generally require foreign shareholders can only occupy no more than 49% of the shares, and at least need to find more than two Thai people as shareholders, owning more than 51% of the shares.
According to HSBC’s 2017 ex-pat experience survey, Thailand ranked 22 in global rankings and fifth in Asia for living destinations. Considering factors such as disposable income, living balance, housing, health, and quality of life Thailand was ranked far ahead of other Southeast Asian countries.
“The market is very good now,” said a Chinese developer who entered the Phuket market in 2013. “Middle-class people from 30 to 50 years of age are the main buyers.”
There is little doubt that the prices of properties in Thailand will continue to go up over the next couple of years, boosted by the increased popularity from both Russian and Chinese investors.
Do not hesitate to contact us for more information on how you can jump on the gravy train.
The ever increasing positive tourism numbers for Thailand overall, and Phuket, in particular, have allowed real estate developers in Phuket to offer investors guaranteed rental returns on investment properties.
Investment properties are different than residential real estate as they are more or less managed as a hotel by the developer and marketed to holidaymakers to be rented out and generate rental income.
Below you will find our recommended projects with the highest guaranteed rental returns on Phuket. You might also want to take a look at our full list of the best investment property in Phuket and do not hesitate to contact us to set up a free property tour.
7% Guaranteed Rental Return for 5 Years
700 meters to Bang Tao Beach and Dream Beach Club. 10 minutes by car to Laguna, Villa Market, tennis courts, golf courses and Spas.
5 stars resort infrastructure includes restaurants and bars, a fitness center and outside sports ground, a running track, yoga terrace, SPA, 4 pools with the freshwater, kids club.
Click here for more information.
6% Guaranteed Rental Returns for 4 Years
This collection of 28 villas garden view and sea view villas is located just a 20-minute drive from Phuket’s International Airport via a quiet and scenic route. This is an exclusive and secluded, yet easily accessible piece of paradise, where you can enjoy the high-end lifestyle of the Laguna area, home to the luxury Laguna Phuket Resort Complex.
The project is registered under a condominium and has a hotel license. The villas can as such be sold as condos, foreign freehold.
All units have two stories and are 85 sqm with 1+1 bedrooms and 2 bathrooms.
Click here for more information.
6% Guaranteed Rental Returns for 10 Years
The spectacular beachfront project is nestled in the headland of southern secluded Nai Yang Bay - only 10 minutes from Phuket International Airport and a couple of steps to its secluded sandy beach. Accessibility to the beach is simply crossing a 3-meter dead-end road. Total area size of this property is approximately 4 rai (1.6 acres).
Each building includes only 6 units; 2 units per floor which are 32.25 sqm (Premier Studio) and 41 sqm (Deluxe one bed). The 73.25 sqm (Deluxe two bed) can be combined between 31sqm and 41sqm on the same floor within the same building. Total: 96 units contained within 16 individual buildings.
Click here for more information.
One frequently asked question many property investors have is just what can they expect in terms of return on investment.
As an example of a guaranteed rental return on Phuket, “7% Guaranteed Rental Return for 15 Years” means that the developer is guaranteeing the property owner an annual rental return of 7% of the sale price for up to 15 years to be paid out yearly.
For some projects, you do not have to wait until the property is completed in order to receive your yearly guaranteed return or a percentage of the guaranteed sum. You can find more information in our article about the average ROI for property investments on Phuket.
Everything regarding the rentals is handled by a management team, so the investor can just kick back and watch the bank account grow, as a hands-free investment should be.
Owners can also enjoy up to 4 weeks of free stay in their property every year (may vary depending on the developer), a terrific reason to invest in a paradise island like Phuket. Owners can then enjoy all the resort-like facilities like fitness center swimming pool and will also often get discounts at on-site restaurants and spas.
On top of all the advantages above, there are also developers who offer to buy-back the property at the original purchase price +10-15% after a certain amount of years.
Condominium investments in Thailand and Phuket are generally very safe. Foreigners can own condominiums freehold and Thai laws allow leasehold contracts for as long as 30 years. For investors looking to maximize their income during a guaranteed rental return period and then exercise a buy-back clause, a leasehold property could be a better option with cheaper transfer fees etc.
There are plenty of options out there, all with their own advantages and disadvantages and more or less suitable for different types of investors. Do not hesitate to get in touch with us to set up a personal consultation over phone/WhatsApp/email/Signal/Telegram or Line or to schedule a free property tour with complimentary pick-up and drop-off at your accommodation.
So you’re looking to sell your home and wonder how you can get the maximum asking price? We have put together a list with our Top 5 Expert Tips to Sell Your Home Faster. These are all small things to take into consideration before taking pictures for online listings or inviting prospective buyers to your home.
Investing a small amount of time and money into staging your home will often pay off multiple times over in the end. You might also want to check out our article on "How To Sell My Property in Thailand" where we go through the sales process.
When professional stagers take on a home and prepare it for the market they often remove as much as half the owner’s furnishings. As a result, the living space looks so much bigger. Make sure the selected furniture is the right size for the room, and don’t clutter a room with too much furniture.
You’re also going to want to remove all personal items such as personal pictures, family plaques & framed certificates.
Clutter makes people feel uncomfortable, but at the same time; never put an empty home on the market as one of the challenges of trying to sell a vacant home is that buyers often have a hard time visualizing themselves living there.
It’s important to find the right balance between a cozy home and a cluttered mess.
Even if you have plenty of cash to invest, don’t put too much money into the staging process. You want to emphasize the home’s best features,
You may think you have great taste in kitchens and fantastic remodeling ideas, but the new owner may not agree. It’s better to spend small money doing cosmetic fixes than worrying about getting the full value of extensive remodeling, jacking up the price for the buyer for no good reason.
It’s however always a good idea to make sure your home is freshly painted, preferably in neutral colors which rarely goes wrong. It’s good to be “on trend” with pops of color in, say, pillows and curtains, but avoid anything that’s too trendy as the main color of your home.
Take advantage of your home’s natural light, but even if you’re only showing the property during the day make sure you have proper artificial lighting. You might even want to increase the wattage in your lamps and fixtures compared to what you’re using right now. Aim for a total of 100 watts for every 50 square feet.
Add supplemental lighting where necessary, and make sure you have three types of lighting covered: ambient (general or overhead), task (pendant, under-cabinet, or reading), and accent (table and wall).
You’re going to want to create a relaxing bedroom setting with luxurious linens and soft colors that will make a potential home buyer want to hang out. Also, remember to clean out your closets. You’re showing off your storage space, which sells houses (it often ranks high on buyers’ priority list).
Make sure each room has a single, defined purpose, even if you never used it for that purpose yourself. Also, make sure that every space within every room has a purpose so that buyers will see how to maximize the home’s square footage.
Even if the buyer wouldn’t want to use the room for the same purpose, the important thing is for them to see that every inch of the home’s usable space.
This includes alcoves, window seats, corners, breakfast nooks, and so on. The simple addition of a comfortable armchair, a small table, and a lamp in a stairwell nook will transform it into a cozy reading spot.
There you have it, our Top 5 Expert Tips to Sell Your Home Faster.
Lastly, keep in mind that your home staging efforts should be designed to appeal to the widest possible range of buyers. After all, the more people willing to submit purchase offers for your home, the higher the selling price is likely to be.
Please contact us if you would like to list your property with us from here; https://pulserealestate.net/list-your-property
Eco-friendly homes are gaining a lot of traction around the world, and Phuket is no exception. The most common characteristic of an eco-friendly home is the use of solar panels, which increases property value, lowers electricity bills as they generate electricity for free, helps the environment as you become less reliant on power plants that have adverse effects on the environment.
Eco-friendly homes also make for an excellent long-term investment, so investing in a home with solar panels today is one of the best things to do for your future. Check out our list of top eco-friendly homes for sale in Phuket, Thailand.
This eco-friendly villa development features 51 hi-tech two-bedroom and three-bedroom villas. These unique villas are packed with the latest technologies that make this project stand out in the market.
The homes are like no other as every pool villa in the development comes with solar panels on the rooftop, which will be the main source of energy use in the villa. Using renewable energy from solar panels will enable you to source energy at absolutely no cost to a very small bill to supply energy to your home.
2-Bedroom Villas Specs and Prices
3-Bedroom Villas Specs and Prices
Layan Green Park is located just 700 meters from Dream Beach club on the 8 km long Bang Tao Beach, which is one of the most attractive and prestigious places on Phuket and one of the best beaches in Thailand. Nearby there are numerous parks, walking areas and jogging paths.
The property has solar panels, is built with eco-friendly materials and has natural ventilation. Buyers of units in Layan Green Park are offered 7 to 8% guaranteed rental income of the purchase price for 5 years. The rental return is guaranteed to be paid to the owner at the end of each year for 5 years.
Layan Green Park studio units.
Layan Green Park 2-Bedroom units.
Layan Green Park 3-Bedroom units.
From the developer of Diamond Condominium, the developer team has now launched its latest project, Serene Condominium at Surin Beach. This eco-friendly high-end 8-story condominium has a total of 203 units across two buildings. It is conveniently located within easy walking distance to both Surin and Bang Tao Beach. Sea view & mountain view units with eco-conscious home design and ergonomic modular furniture.
Serene Condominium studio units.
Serene Condominium 2-Bedroom units.
Serene Condominium 3-Bedroom Penthouse.
Single storey pool villa, in a contemporary style in excellent new condition and ready to buy and move in. Very private with generous fittings and materials in a good-sized home featuring a talented custom design and tastefully finished by the owner. Just 5 minutes to Boat Avenue, Layan Beach.
Read more about this solar-powered 3-bedroom family home in Phuket.
Extensive GREEN features – solar heating and electricity generation with low wattage LED devices making for an ECO-friendly home with minimal monthly running costs. Many a/c’s upgraded to quiet/efficient Inverter type, Bionized freshwater system for the 20M swimming pool and own water supply.
Read more about this Solar Power Grand Courtyard Residence in Layan.
Popular Expat area in a quiet road just 5 minutes from Cherng Talay Boat Avenue and Banyan Tree Golf course, a bespoke designed house with no fixed management fees.
Read more about this Solar Powered Modern 4 Bed Family Pool Villa in Layan.
Popular Expat area in a quiet road just 5 minutes from Cherng Talay Boat Avenue and Banyan Tree Golf course, a bespoke designed house with no management fees and utilities at government rates. A very private new home completed in December 2019.
Read more about this Modern Solar Powered 3 Bed Family Pool Villa in Layan For Sale (Non-Estate) .
The Waterside in Cape Panwa is a luxury beachfront condominium with fantastic sea views of Chalong bay, the Southern Coast of Phuket and the outlying islands. The apartments at the Waterside are all identical three bedroom duplexes of approx. 280 sqm built to European standards.
There are total of 24 apartments located in three buildings with each building on a different apartments each with jaw dropping sea views.
The middle building has six units and the advantage of having both breathtaking sea views and being half-way down to the pool and beach level.
The ground floor building has six apartments which open directly onto the 40-meter common pool, gardens and beach.
All condo units features cooling sea breeze and are fortunate to experience the pleasant sound of the waves lapping the seashore. All apartments are West facing, so they are blessed with gorgeous sunsets.
The sun sets behind the hills the form the spine of Phuket and at certain time of year the sun actually sets directly behind the Big Buddha promising a magical experience.
The beach itself is serene and peaceful with a few restaurants and watering holes in the sand. A few minutes away is the lovely stretch of sand at Ao Yon Bay which is the most sheltered bay in Phuket allowing for year round swimming and the mooring of yachts.
Cape Panwa is a quiet area full of local charm and has the atmosphere of a hidden corner of Phuket where the progress of development hasn’t taken over. Once you know where everything is, you realize that it has a number of great restaurants and cafés and many other facilities. Cape Panwa is also home to unique and luxury villas, condos and private
residences.
Phuket Town is 10 minutes away and the main shopping areas such as Central Festival, Makro, Tesco etc. are 15 minutes. Phuket Town is home to arguably the best Thai food and Thai restaurants on the island as well the Phuket Old Town and the sprawling weekend market.
Most owners at the Waterside are in-residence but some condos are rented out as investments and ROI is approximately 5% a year in terms of rental income.
PhuketCondo.Net has been active in the sales and rentals of apartments at the Waterside for some years. Do not hesitate to contact us if you have any questions.
[propertypreview prop="S-PAN02,S-PAN04" view="list"][/propertypreview]
Surely no one living in the Land of Smiles has missed how the Thai Baht has soared in 2019, gaining 8% against the USD making it a 6-year high against the US currency. It has been Asia’s best performing currency this year, and some forecasts even suggest the Baht could be reaching a peak of 30 against the US dollar in the near future.
As a result, export, overseas investments, tourism and economic growth in general, have seemingly slowed down for now, but local and foreign real estate investors alike could actually look at the strong Thai Baht as a positive.
The strong Thai Baht is an indicator of how big and influential of an economy Thailand is becoming in Southeast Asia. The country was ranked the second-biggest economy in the ASEAN region in terms of GDP in 2017, proving that it’s more than just a world-class tourist destination.
List of Asian and Pacific countries by GDP (PPP)
Solid economic fundamentals only can be a positive in the long run, so for investors focusing on the long-term returns on their investments the benefits of investing and buying property in Thailand while the Baht is high still far outweigh the costs.
Overseas investors can also take advantage of resale properties where current foreign owners have had their money tied up in Thailand for a while and are looking to “cash in”. They will sell relatively cheap in order to free up capital and move it back to their home country at a better exchange rate than when they made the initial investment. Win-win for both parties. As examples of such properties, we have this 1 Bedroom Sea View Condo at Accenta and this 2 Bedroom Sea View Apartment at Sunset Plaza.
Also keep in mind that developers on Phuket offer high guaranteed rental returns (up to 7% guaranteed for 15 years) that will allow you to earn Thai Baht, so you’ll actually benefit from the strong Thai Baht.
This is indeed the time for local and expat property investors to step into the game as they are in a prime position to apply the “buy low, sell high” strategy. Local investors will see their money go a lot further than in the past as developments will be forced to offer steep discounts in order to clear their inventory. By going via Phuketcondo.net, you can get special discounts at this Rawai Condominium Development. The hotel managed project offers guaranteed rental returns and is no-risk as it’s already completed. It boasts a premium location on the south of the island, only 400 meters from the sea adjacent to Laem Ka Yai and Rawai beaches.
Overall, we believe that this is as good of a time as any to invest in property in Phuket, no matter if you are a foreign or a local investor.
Do not hesitate to get in touch if you have any questions or would like a personal consultation on the Phuket property market and the latest business opportunities.
Pulse Real Estate“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.”
- Franklin D Roosevelt
