At Present Phuket Is The Ideal Place To Survive The ‘Storm’...

Phuket is a small Island that has undergone a spectacular change in the past 7 years … a makeover that for several reasons makes Phuket a safe place to invest and probably the only place on the planet that will keep on attracting affirmative capital flows and prominently confirm firm capital approval in the coming few years.

Phuket doesn’t have the rah rah of Ibiza, the candid hoi polloi and pretentiousness of Bridgehampton, the paparazzi of St Barts and the wild features of Bali’s party life although in that also lies its attraction and demand.

Phuket is an island that maintains the lure of being inaccessible from the world in various ways and also, absolutely, remote from Bangkok’s general political circumstances. The tsunami, bird flu and military revolution in Bangkok established this.

That refrain at present is one of power in the face of a global shakedown. Phuket is the hotspot for Singapore and Hongkong based tourists who are also the main property purchasers.

There is more or less no land obtainable and there are very restricted supply of fresh projects and luxury homes into 2009. Jumeirah private island is nearly sold out, The Taj on the island of Koh Lon is in progress and is to be launched in 2009 with a handful of superb residences. Park Hyatt has cancelled their expansion plans on the west coast, as have sweepstake up at Natai Beach. A latest W hotel (Natai Beach area) and impending declaration of further 5 star also at Natai Beach area is excellent news for the Northern beaches, in addition Bill Heineke is carrying out Turtle village in the exterior the JW Marriott by christmas which has retail shops. Langham Hotels are also on course to begin construction in 2009.

The most excellent luxury investments for peak season are:

1. Istana
2. Sava
3. Bluepoint
4. Napa (Koh Samui)