Cape Panwa is located in the Wichit region, spanning from Kathu in the west to the cape of the same name on the east coast. It is an ideal destination for a peaceful and secluded holiday without the need for frequent travel.
Patong is widely recognised as the main centre of nightlife in Phuket and a symbol of Thai tourism. During the day, it is a quiet town on the west coast, nestled around a bay. As night falls, Patong transforms into a bustling hub of entertainment, with bars, cafes, tourist shops, massage parlours, and barbershops opening up on every corner.
Thailand has an important place in the Asia-Pacific region. In the past, the economic growth in the area was associated with the rise of so-called Asian Tigers: Singapore, Hong Kong, South Korea and Taiwan. While the development potential of the former four countries has already reached its limits, Thailand still has the prospects for the future growth.
Over the past few decades, Thailand has become a reference of a paradise for living and leisure. White sandy beaches, the azure waters of the Indian Ocean, tropical flora and incredible natural landscapes together with the ancient history and friendly temper of the locals are contrasted with the daily life of the residents of the northern countries.
A quality education is a decisive factor for foreign families considering a move to another country. In this regard, Phuket is the only tropical resort in Thailand suitable for extended family stays.
Resort investment properties in Phuket can generate high rental yields of 5–9% per annum for their owners.
Phuket is one of Thailand’s main tourist destinations. Investors from all over the world put their funds into the island's infrastructure development. However, Phuket does not only attract prominent entrepreneurs: investors with modest budgets can also make money on local real estate. Tranio partner, the Phuket9 development company, explains how.