Phuket is a growing demand for cheap property

15.01.2014 01:00
Articles about real estate | Phuket is a growing demand for cheap property Demand for cheap properties increased significantly smaller area in Phuket in the third quarter of 2013. These data are published in a study CBRE, reports portal DD Property.

According to the information provided in this report for the three month period 80 % of the total sold villas in Phuket is estimated at less than $ 455,000 . Over a quarter had no one villa , sold at the price of more than $ 1.1 million .

Related article: In the United States on the sale of exhibited the most expensive Villa

In the third quarter of the main buyers of villas in Phuket were British, Italians, Germans and Russians . They are mainly focused on villas available at prices less than $ 600,000 .

Sales of resale property in Phuket for the first time surpassed the sale of primary residence . This situation is very different from that in Bangkok, where most buyers prefer new property .

Supply of condominiums on the island real estate market grew by 3.4 % year on year . Now under construction are 2800 objects that need to be completed by 2015 .

According to CBRE, buyers of condominiums in Phuket objects prefer a smaller area in the price range from $ 2700 to $ 3300 per square meter. m
Content tags: Overseas property
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