 Phuket even during a global recession is not experiencing a fall in property prices even though the amount of real estate projects is slowing. The Thai resort town last year had its experience with the airport closures and public disorder however property values and prices are still holding. |
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 According to the latest stats from one of the two English medium Newspapers in Thailand - The Nation, buying property in Thailand is still better than any other destination worldwide. According to the newspaper report, Phuket offers more than any Caribbean Island for the same amount of money.
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 Phuket property agents have over the last few weeks joined forces with the current global rescession. The real estate agents have joined to form a markerting arm called the Property Center in down town Patong. “We know there are buyers out there. They are few, but they are there,” said Kay McDonnell, the spokeswoman for the group. |
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