Phuket’s real estate market has performed exceptionally well over the last four decades, displaying unique characteristics that set it apart from other resort destinations. While tourism is a key driver, it is not the only defining factor, unlike many other resort markets, Phuket’s residential property sector is also defined by its cash-based nature.
Unlike destinations such as Dubai, where non-residents can obtain mortgages, Phuket’s real estate market operates almost entirely on cash transactions for foreign buyers. This structure makes it less exposed to typical economic fluctuations, such as interest rate changes and shifts in lending policies, which impact mortgage-driven markets. The combination of luxury appeal, tourism-led demand, and a predominantly mortgage-free investment model makes Phuket’s market uniquely resilient.
Read more about how the Phuket real estate market works.
