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Real estate in Ban Phara
The island of Phuket in Thailand is a paradise that captivates many overseas property buyers and investors. Ban Phara is an area on your radar if you're scouting for your idyllic residential property or a condominium for sale in a tropical haven with pristine beaches. This stunning part of Phuket, known for its hillside coast and traditional Thai style homes, has earned the moniker "Hillside Haven" for its captivating architecture and natural beauty. Before you contact a local property dealer, familiarize yourself with the current market trends in the area, what properties in Ban Phara are on the market, and the cost of owning a vacation home in such an exotic location. This understanding will give you a clear idea about property valuations in Ban Phara, offering a good starting point for your real estate investment in this enchanting part of Phuket, Thailand.
Ban Phara properties: Market trends overview
The Ban Phara real estate market in Phuket, Thailand has noticed a consistent rise in property values, capturing the attention of international investors and potential homeowners, notably from Australia, China, Russia, and the USA. Ban Phara's idyllic location along the coast provides a peaceful, relaxed island living while simultaneously offering the excitement of a vibrant holiday hotspot thanks to its numerous leisure facilities, golf courses, and smooth connectivity to the cosmopolitan city of Phuket. Ban Phara showcases a lively coastal ambiance, abundant cultural richness, and a superior standard of living. Over recent years, authorities in Ban Phara have amplified their focus on the development of the region, introducing a broad spectrum of real estate choices for both local and international house hunters. These include contemporary townhouses, condos, modern villas, traditional Thai-style houses, and luxury apartments. Prospective buyers looking for properties in Ban Phara, Thailand, will find an ease in sourcing options that cater to all budgets and lifestyle preferences, positioning this charming island neighborhood as one of the friendliest to international investors.
Average price of a property for sale in Ban Phara
What is the typical price range for properties in Ban Phara, Phuket? This isn't a straightforward question due to numerous variables impacting the price. These include the type of property, distance to popular attractions and beaches, available facilities, and individual preferences (such as high-end features, size, ease of access, etc.). Latest findings reveal that the top asking price for properties on sale in Ban Phara is THB 90,000 per square meter. The priciest properties tend to be located in the Ban Phara-Paklok area. On the other hand, the more affordable properties, with an average price per square meter of THB 75,000, are located in the Ban Phara-Kathu area. Currently, the average asking price for a home in Ban Phara stands around THB 21,000,000.
Types of properties can you find in Ban Phara
Ban Phara, Phuket, Thailand, presents a wide array of property options, including condominiums, extravagant rooftop apartments, premier beachfront bungalows, and traditional Thai villas. The most sought-after real estate is situated in secure residential compounds. Here, you can find apartments with 3-4 bedrooms accompanied by expansive balconies, and two-story homes. Interestingly, each floor boasts its own entrance, each with spacious balconies and independent kitchens. Alternatively, you may consider a newly-built bungalow located in an excellent location in Ban Phara, Phuket, Thailand, with sea views, within strolling distance to the beach, and simply a perfect place to reside.