The report contained the analysis of the island economic situation, the number of tourists, the Phuket infrastructure development, and the main recent real estate business. David Simister, the head of the company, says, ‘After our Bangkok real estate report success we have decided that it would be necessary to prepare such a market report on the Phuket real estate, which would give the investors all necessary information. Within the last several years the economy of the island has been developing very fast, and now the investors have a reliable instrument to take into account all the risks when investing in the Phuket real estate’.
The Phuket real estate market was analyzed sector by sector. This market is closely connected with the constantly growing number of tourists which grew from 2.4 million in 2004 to 4.7 million in 2007 and which can double after the reconstruction of the local airport in 2010. Also by 2010-2011, the number of the de luxe local hotels will increase from 340 to 1145, which will make 230% of increase. 
The infrastructure improvement brings to the real estate price rises. In the Phuket, there are three harbors for yachts and three more are in the construction stage. On the island there are also six golf fields including the well-known The Blue Canyon Country Club. Besides, a great number of schools and hospitals for foreigners are considered to be a positive factor for investments.

Provided by ZagranDom.ru