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Given the devastating effects on the local economy combined with the prospect of severly depressed tourism for an indefinite period it would seem such conditions may present a good buying opportunity? What are newer construction three bedroom homes with a private pool/ backyard selling for, both near or on the sea, or in the interior? Have these prices declined to any degree following the Tsumani? How close to asking price have homes been selling for recently?
IMHO Property prices are stable & rising - Phuket is on the mend & no the tsunami has not created " a good buying oportunity " the websites have not changed much because we are now in the low season. Sounds like you are buying for all the wrong reasons...
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