Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island.
Rental demand coming out of the COVID-19 pandemic experienced a sustained uplift and has continued to perform well. Despite a return to seasonality for Phuket’s tourism sector, rentals have continued to post year-round gains.
Rather than simply asking what real estate brokers thought about rentals I took an opportunity to sit down with Brennan Campbell, Head of Brokerage at Thailand’s leading property portal FazWaz.com. Digging through data was the way to go and the idea was to look at full-year figures from 2023 and year-to-date 2024 to look for trends and changes. The figures may…
