Phuket the island on Andaman Sea is known for its tourism sector as well as real estate sector. If considered the tourism industry, this island surely has a lot to offer to the tourist visiting the land starting from its carefree tranquilities of the beaches, delicious cuisine, bursting nightlife and last but not the least happening shopping outlets.
Now the real estate sector, there are numerous reasons why people opt to buy property in Phuket say for example to use it as a second vacation homes, to live in at the time one reach the retirement age or even as a business investment. Surrounding the real estate industry in Phuket, numerous things had rapidly developed like modern infrastructure, schools and international hospital to attract potential people from all across the globe.
Land across the busy beaches of Patong and Kata, Bang Tao and Surin Beach are offering exclusive villas, resorts, condos for long term rental as well as purchasing purpose. The real estate industry of Phuket has considerably flourished in the past twenty years which has lead to the development of commercial real estate market. The growth in the real estate market has considerably stimulated the economy of Phuket.
Many tourists who come to Phuket often falls prey into the hands of dishonest realtors. Due to the rising demands of Phuket’s real estate market, there is nothing unusual in the fact that dishonest realtors try to cheat or make use of inexperienced travelers. The prime reason behind this being that Phuket’s real estate market is very active and profitable. So it is always better to contact respectable companies which have a good reputation in the real estate and property sector.
Mostly the problem occurs when tourists decides to contact private brokers dealing with the real estate sector. These private brokers are not looking for good name but they only target profits and money which is not the case with genuine companies.
There are different ways in which these dishonest realtors attract customers. Mostly what happens is that fraud realtors request you to deposit a minimum payment in advance especially during the high season like for example 10-30% of the total amount. While on the other hand, the standard reputed landlords usually request you to deposit 50-100% in advance if one is booking house or villa in the high season which is generally considered the standard amount in Phuket. Thus these low prices acts as bait and customers falls prey into it. What happens in most case people usually lose their prepayment which had given to dishonest agents. So you will have to be more careful as lost money could not be received so easily.
A careful research is necessary while opting for real estate agents in Phuket. If your real estate broker refuses to show any additional photos of the villa or property, it means that they have no access to the property. What happens in most cases is that these fraud realtors copy pictures from different agency’s website and claim that as their own. As result when customers book those properties they are cheated very easily as they prepay money for the property which does not even exist.
It is advisable to opt for investment through local Phuket real estate agent when buying any property in Phuket. These agents have 100% knowledge about the property they are offering. These local agents real estate platform are internationally acclaimed for their services and you can even cross check their status and genuineness from various reviews posted by happy customers on different reputed review websites. Thus since real estate investments are investments for lifetime so always opt for the company you can completely trust with your money.
Image Courtesy: bit.ly/1uiYbtK
Now the real estate sector, there are numerous reasons why people opt to buy property in Phuket say for example to use it as a second vacation homes, to live in at the time one reach the retirement age or even as a business investment. Surrounding the real estate industry in Phuket, numerous things had rapidly developed like modern infrastructure, schools and international hospital to attract potential people from all across the globe.
Land across the busy beaches of Patong and Kata, Bang Tao and Surin Beach are offering exclusive villas, resorts, condos for long term rental as well as purchasing purpose. The real estate industry of Phuket has considerably flourished in the past twenty years which has lead to the development of commercial real estate market. The growth in the real estate market has considerably stimulated the economy of Phuket.
Many tourists who come to Phuket often falls prey into the hands of dishonest realtors. Due to the rising demands of Phuket’s real estate market, there is nothing unusual in the fact that dishonest realtors try to cheat or make use of inexperienced travelers. The prime reason behind this being that Phuket’s real estate market is very active and profitable. So it is always better to contact respectable companies which have a good reputation in the real estate and property sector.
Mostly the problem occurs when tourists decides to contact private brokers dealing with the real estate sector. These private brokers are not looking for good name but they only target profits and money which is not the case with genuine companies.
There are different ways in which these dishonest realtors attract customers. Mostly what happens is that fraud realtors request you to deposit a minimum payment in advance especially during the high season like for example 10-30% of the total amount. While on the other hand, the standard reputed landlords usually request you to deposit 50-100% in advance if one is booking house or villa in the high season which is generally considered the standard amount in Phuket. Thus these low prices acts as bait and customers falls prey into it. What happens in most case people usually lose their prepayment which had given to dishonest agents. So you will have to be more careful as lost money could not be received so easily.
A careful research is necessary while opting for real estate agents in Phuket. If your real estate broker refuses to show any additional photos of the villa or property, it means that they have no access to the property. What happens in most cases is that these fraud realtors copy pictures from different agency’s website and claim that as their own. As result when customers book those properties they are cheated very easily as they prepay money for the property which does not even exist.
It is advisable to opt for investment through local Phuket real estate agent when buying any property in Phuket. These agents have 100% knowledge about the property they are offering. These local agents real estate platform are internationally acclaimed for their services and you can even cross check their status and genuineness from various reviews posted by happy customers on different reputed review websites. Thus since real estate investments are investments for lifetime so always opt for the company you can completely trust with your money.
Image Courtesy: bit.ly/1uiYbtK
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