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Why Investing In Thailand's Infamous Patong Beach Can Be Rewarding In Many Ways

Aug 14, 2008
Patong Beach, Phuket, Thailand has to be one of the most interesting places in the world. During the day the beach is alive with jet skis and parasailing. Thousands of people are on the white sandy beach enjoying Thailand's wonderful tanning sunshine and cool breezes. During the evening, the nightlife starts to heat up around ten PM and lasts well into the morning with Patong's many discos beer bars and night establishments catering to the weathered seasoned foreigners.

Aside from the fact that now Patong is no longer just a little sleepy beach town on Phuket's Andaman coast, it has become an international hangout for the wealthy and jaded alike. Investing in Patong Beach, Phuket is like investing in oil or gold. The demand outstrips the supply by many times. There are several projects in Phuket offering many different amenities to their clients. Some projects offer great sea views, great locations and even peaceful garden or mountain settings just a few kilos from town center. The one thing that they all have in common is that the demands for these properties are greater than the supply.

Buying affordable properties like apartments in Patong Beach is a great way to retire in a few short years because the property values are sky rocketing in this quickly developing town. You can invest in a holiday property and use it for the short time you're on holiday. Later, when it is time to go back home, you can rent it out while your back home dreaming about your next vacation to the land of smiles. Your Patong apartment can be earning you some rental cash as your investment continues to appreciate at unbelievable rates of twenty to thirty percent per year. Investment in south Thailands' Patong Beach is quickly becoming knew as now only one of the world's best night life hot spots but also a real estate boom town.

Living on Phuket Island for the last four years I have noticed many changes to the island's scenery. Some people simply believe that an island like this should be preserved for its natural beauty. Others believe it should be developed and harvested for its ability to bring foreigners from afar to visit the island of great beaches, wonderful sunshine and beautiful smiles. I believe that the island must continue to grow and improve its facilities and infrastructure to handle the millions of visitors the island receives every year. Part of that is the citys ability to offer choices in hotels, condos, apartments, restaurants and nightlife menus to the thousands of new visitors that arrive each day.

Luckily this island is growing in that direction with many new choices in condos and apartments coming into the market each month. Visiting all the new projects can alone be rewarding just seeing all the new ideas that are being implemented in the new designs and advancement in technology. Having a second home in Patong beach is becoming more rewarding than ever before because it's quickly becoming a very modern city with modern convenes like shopping malls and markets that resemble that of any western nation. Patong is truly a unique city because it offers so much to the person who decides to call this home.
About the Author
Scott Riefler is an expert in
Phuket Real Estate. He has
written several informative articles. He
regularly contributes articles on
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