Economy Archives | Phuket Francophone Magazine

Category: Economy

Investissement sur Phuket. Investing in Phuket Real Estate

Investing in Phuket Real Estate

Thailand is known for its dream landscapes and climate, which is what motivates many tourists to visit the Kingdom. This dynamism in the tourism industry is a boon for investors, especially since the taxation is low and the Thai Baht – reflecting a balanced and healthy economy – is a strong currency. In this context, Phuket is not left behind. As the most visited island in Thailand, the pearl of the Andaman Sea is…

Immobilier Phuket

How is the hotel market in Phuket doing?

Phuket has historically been the most popular tourist destination in Thailand, which is why its hotel market is the most active. Its location, at the exit of the Strait of Malacca, has always made it an international crossroads, especially crossed by the Silk Road maritime route, but it is mainly the early development of the island in terms of tourism that makes it the top destination in Thailand. The first backpackers arrived as early as the 1970s and…

Phuket Experiences Major Spike in Luxury Prices

From October 2022 to April 2023, Phuket saw a surge in demand for luxury sea view real estate properties, almost mirroring the massive increase in tourism during that period. In fact, the number of visitors to the tropical island was almost unprecedented in the last decade. At the beginning of the high season, there was a large selection of properties and a considerable supply of distinctive ocean view real estate …