Tuesday, September 2, 2008

Phuket market growing despite economic slowdown

Political instability in Thailand and a global economic slow-down have failed to curb Phuket’s booming property industry, according to a report in The Nation newspaper.

Quoting sources from several top real estate agencies, the report claims that Phuket’s strong tourism market is providing the boost needed to counter a slowing national economy.

Phuket remains an attractive retirement destination and every year more and more retirees are looking to Phuket. The growing number of tourists that choose to make Phuket their second or third home has also spurred the exponential growth of the property industry on the island.

Thailand Real Estate for Sale