In its comprehensive analysis of the 2023 vacation home market in Phuket, CBRE, a leading global real estate services and investment firm, reports a significant signal of recovery from the COVID-19 pandemic's impact. Notably, condominiums in Phuket demonstrated exceptional performance in the first half of 2023, achieving the highest sales volume in the past decade.
Phuket has seen many changes in its storied history. The island that sits as an appendage of the Phuket mainland connected by a single bridge in the heart of the Andaman sea has, over time transformed from a humble tin mining enterprise into one of the most traveled destinations in South East Asia and a haven for a cozy residential existence.
Phuket’s geographical position embedded between the two tropics puts it in something of a goldilocks zone when it comes to activities and adventures that heal the mind, body and soul.