Despite the damage caused by the Boxing Day Tsunami in 2004, the real estate market on the Thai island of Phuket is pulling in foreign investors, a property website has said.
According to Thailand Real Estate & Property Guide, overseas and Thai investors are pushing up land and property prices as the tourism sector starts to improve
Real-estate consultants have said that investment from foreigners is continuing to outpace local interest, while at the same time, tourists flock to the island's beaches and are staying for longer than did before the tsunami disaster
