Another apparent indicator displaying a positive outlook for the Phuket property market is the construction commencement of a second Phuket Airport that will add greater sustained airlift capacity. To be developed by AoT (Airports of Thailand), the project carries a budget of THB 60 billion expected to commence in 2019 and open by 2025.
Gathering momentum from increases in tourist visitation, higher occupancy and average daily rates, as well as the establishment of a second airport, the property market of Phuket undoubtedly portrays a positive outlook that will be seen all through 2019, promising investors attractive rental yields and rewarding capital gains should they decide to invest.
KASA Development, an elite real estate developer in Thailand, offers properties for sale in Phuket, that are guaranteed to generate high rental returns for the astute investor. The remarkable residential project, Dune Phuket Residences, comprises of luxury private pool villas. Strategically placed on prime real estate in Phuket, the project promises investors a valuable property investment in Thailand.