Rental will assist sales, Buy in the best locations
According to Bill Barnett at C9Hotelworks 12.7 million passengers arrived in Phuket for the fist half of 2013, this is a 30% increase from the same period in 2012. The amount of mainland Chinese has increased from 1.2 million to 2.3 million.
For many years Phuket has lacked momentum in the property market but with the increased internet in villa & apartment rentals there is now a constant amount of foot flow going into these properties with potential buyers. There is now different reasons for purchasing with most people buying for residential purposes or capital appreciation. Now with the increase in tourism coming to the island you can now get better returns on your investment. Now buyers will look at maybe acting a little quicker as there is now plenty of people looking into buying these properties and renting them out and waiting for the best time to sell.
Buy in the best locations and you now have options for renting, selling, or just enjoying.