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    Phuket, Thailand

    Thailand's Fun And Famous Beach City

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        Thailand’s Phuket Island is an internationally famous beach destination and rightfully so. Beautiful sandy shores separated by rocky headlands grace the entire west coast of the island. The Andaman Sea is warm, clear, and inviting—certainly one of Phuket’s main attractions.

        There are few parts of the world that offer retirees more reasons to stay than Phuket. There’s something here for nearly everybody.

        Phuket has some of the most beautiful beaches and coastlines to be found anywhere, world-class golfing, beautiful mountainous countryside, and nearly a dozen unique and welcoming towns, all with sizeable foreign populations.

        More than 100,000 foreign residents have chosen to make a life here. That’s over 20% of the island’s permanent population.

        Others have come to Phuket to invest in real estate. With the right property, it is still possible to reap an 8% to 10% per annum return on your investment.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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          Table Of Contents

          Cost Of Living In Phuket

          If your idea of paradise includes a high-quality lifestyle, a reasonable cost of living, year-round tropical weather, and beautiful beaches, Phuket should be right on the top of your list.

          Rent, especially, is a global bargain. You can find a comfortable rental for as little as US$350 to US$400 per month, and most rentals come fully furnished.

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            Eating out:

            · A beer: THB 90 (domestic); THB 120 (imported)

            · Glass of wine: THB 100

            · Bottle of wine: THB 550

            · A coffee: THB 30

            · Cappuccino: THB 72

            · Lunch: THB 350

            · Dinner: THB 350

            Another factor in Phuket’s favor is the superb medical care, at a cost of 20% to 80% less than it would cost in the United States.

            All costs considered, including groceries, utilities, entertainment, and your own motorbike for transportation, a retired couple could live here on a monthly budget of as little as US$1,200. For this very low cost, you’d be buying a full and fascinating lifestyle.

            Apartment or House Ownership Budget

             
            Expense Monthly Cost Notes
            Rent Not included here as too variable.
            HOA Fees Not included here as too variable.
            Property Taxes Not included here as too variable.
            Transportation THB 600 · One-way ticket local transport: 35 · Taxi start: 42 · Taxi 1 mile: 36 · Taxi 1 hour: 500 · Gasoline 1 gallon: 120 · VW Golf (new car): 1,100,000 · Toyota Sedan Comfort (new car): 887,500
            Gas THB 150 For cooking.
            Electricity THB 2,250
            Water Included with electricity.
            Cell phone THB 480 Prepaid cell phone plan for 30 days
            Cable TV THB 1,413 60 Mbps, unlimited data, includes cable/DSL.
            Household help THB 10,000 150 hourly rate.
            Entertainment THB 12,000 A couples’ cost for: · Eating out twice a week at a mid-range, local restaurant: THB 380. · Drinks twice a week at a nearby watering hole (cocktail: THB 213; beer: THB 105). · Movie theater trip twice a month: 200.
            Gym membership THB 1,700
            Groceries THB 10,000 Basic items for a couple.
            Medical THB 315 Basic clinic/GP visit.
            Total THB 39,639

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              Penny-Pincher’s Budget (for a couple, bare minimum costs for all)

               
              Expense Monthly Cost Notes
              Rent 12,861 Basic, one-bedroom rental.
              Transportation 35 Local transport.
              Gas 150 For cooking.
              Utilities 2,517 Electricity, heating, cooling, water, garbage collection.
              Cell phone 3 1 minute of prepaid.
              Internet Pay-as-you-go cell phone data only (no home Wi-Fi).
              Cable TV 200 Most basic TV package.
              Entertainment 3,000 All local-brand items, shopping markets and local vendors along with grocery stores
              Groceries 5,000 60 Mbps, unlimited data, includes cable/DSL.
              Total THB 23,766
              Click here for currency conversion at today’s exchange rate.

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                Weather In Phuket, Thailand

                The weather in Phuket is tropically warm and English is widely understood.

                Also, a tremendous selection of restaurants, cinemas, water sports, and a pulsating nightlife offer endless opportunities for entertainment.

                In short, Phuket, Thailand, has something for nearly every budget, too.

                Kathleen

                Reviewed By Kathleen Peddicord

                Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                  Table Of Contents

                  Phuket, Thailand - FAQs

                  Be The First To Ask About Phuket, Thailand

                  Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

                  Portugal is known for Fado music and also for being the largest cork producer in the world.

                  Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

                  Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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