Phuket, The Pearl of the Andaman, is a popular vacation getaway spot for many Europeans and locals in the region. Its tourism industry currently comprises of mainly Chinese, Australian and Russian nationals, has driven prices of properties up to record levels.
A Phuket Gazette article dated Feb 2013, further confirmed that 38% of international visitors comprised of Russians and Chinese. It was also reported that visitors spent 30% of their budget on accommodations.
Jardin Smith International recognised the potential of the returns in leisure property market in Phuket and we acquired several units at Kathu. We then proceeded to market these units to our clients in 2010. 18 apartment units were sold in months and our clients now receive a fixed return from their investment.
By doing so, Jardin Smith International made available to investors in the region, an excellent investment opportunity as the Singapore property market was hot and many could not find an entry level property to invest in.
Currently in Thailand, prices of properties in good locations with good amenities nearby still command a high price with good returns.
While Phuket investment property prices still remain lower than many locations worldwide, we must advise that you engage a trusted Agent to manage your portfolio there.
If you would like to find out how you can realise profit from the Real Estate Industry, please contact Jardin Smith International Pte Ltd at [email protected]. Our Client Relationship Managers will show you how you can realise good profits with our proven investment products.
Our track record for our real estate products are 100%. We have over 5,000 satisfied clients in the region.