What do you know about real estate investment in Phuket?

Do you know that real estate deposits are today one of the most reliable types of investments?
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Here are some facts an investor needs to know about:
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1️. Remember that the cost of the object is minimal at the PreSale stage, i.e. before the start of construction, and will grow until commissioning. This means that your investment will work and generate income even before you become a happy owner of this property. In Phuket, this increase is 30-50% during the construction period (on average 2 years).
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2️. You can get guaranteed passive income by concluding an appropriate contract with the developer or management company. The annual income from rental housing (passive!) Can be 5-8%.
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3️. In Thailand, there are 2 forms of ownership of real estate. So, the full property is called “freehold”, and when long-term rent is implied, then the legal term “leasehold” is used. As a rule, this is a period of 30 years with the right of 2-fold extension. Thus, the rental period in reality will be 90 years. It is important to understand that both of these forms of ownership do not represent the slightest financial danger to the investor.
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4️. An interesting point: an investor, in fact, can choose and reserve real estate today remotely. Here it is - in the order of things.
People who value their time and trust the agent’s reputation, as a rule, choose objects for investment remotely. However, we recommend that you do not be lazy and do not ignore the possibility of personal inspection of objects, which is called "live", at least for the first time.