The Real Appeal of Phuket's Real Estate Market

About the company: https://taplink.cc/housebook.b2b

Expert webinar on the real state of the island's property market and debunking the "economic bubble" myth. Detailed analysis of organic price growth: stable 10% annually, doubling in 10 years (in baht). Key factor preventing bubble: no mortgages for foreigners (90% of buyers), all investments are cash, not credit. Purchase demand is formed through rental demand. Debunking stereotypes: Russians comprise only 12% of tourists (same as 2019), tourist flow hasn't reached pre-pandemic levels despite 150+ projects under construction. Infrastructure development: new international airport, hospitals in Kamala/Bang Tao/Town, roads, parks, malls. Phuket - world's #1 island by tourist arrivals (2023-2024, surpassing Bali). "Supply creates demand" mechanism: examples of Patong/Kata/Karon as most developed and popular beaches. Promising investment areas: Nai Yang (3-4 years), Mai Khao (6-7 years), Rawai/Nai Harn (with quality projects). No oversupply: more hotels closed post-COVID than new ones opened.