Apartments and flats for sale in Phuket

Apartments for sale in Phuket

There are more than 8,000 of apartments the site right now — sit inside one of the most active property markets in Thailand. The numbers from 2025 speak for themselves: over 10,400 new condominiums hit the market in a single year, with 6,156 units sold — a 60% jump year on year. Apartments and flats in Phuket can be bought as freehold (full ownership) or on a leasehold basis (a 30-year lease with renewal options). For foreign buyers, freehold within a condominium is the most straightforward path — as long as foreign-owned units stay below 49% of the building.

Prices cover a wide range:

The average cost of apartment in Phuket is around $4,000/m² (roughly 140,000 THB/m²). In premium areas — Bang Tao, Kamala, and Surin — the figure climbs to $4,100–$4,300/m².

Types of apartments in Phuket

Flats in Phuket come in a wide range of formats. From compact studios to sprawling multi-bedroom units, the market has something at almost every price point:

• Studios — 25–40 m², from $50,000–$80,000; popular with investors targeting short-term rentals
• 1-bedroom apartments — 40–65 m², $80,000–$200,000; the most in-demand format on the island
• 2-bedroom apartments — 65–120 m², $150,000–$400,000; well suited to families and longer-term residents
• 3-bedroom-plus apartments — from 120 m², from $350,000; premium segment
• Penthouses — from 150 m², from $500,000; panoramic views, rooftop pool
• Serviced apartments — managed by hotel operators and enrolled in rental yield programmes returning 6–10% per annum

By building type:

• Low-rise complexes (up to 8 storeys) — typical of Rawai, Nai Harn, and Chalong
• Mid-rise buildings (8–20 storeys) — common in Bang Tao and Kathu
• High-rise towers — found in Patong and Phuket Town

The island's condominium sector sits within a mature and well-established property in Thailand market, backed by solid legal frameworks and an active resale environment.

Popular areas in Phuket for buying an apartment

Bang Tao and Chang Thalae

Bang Tao and Chang Thalae account for over 68% of all condominium transactions on the island — the single biggest investment cluster here. Those browsing condos in Phuket will find the widest choice in this area, along with solid infrastructure: Porto de Phuket, Laguna Phuket Golf Club, and international schools including BCIS and HeadStart.

Kamala

Kamala is hemmed in by the national park, which means there is very little land left to develop. That physical constraint keeps supply tight and puts a natural floor under prices.

Rawai and Nai Harn

Rawai and Nai Harn draw people who are settling in for the long term. The area has well-known dining spots like Nikita's and Nai Harn Beach Bar, plus Bangkok Hospital Phuket and the British International School nearby.

Benefits of buying apartments in Phuket

Buying apartment in Phuket puts you in a market where rental income and long-term price growth tend to move in the same direction. The main reasons buyers come here:

• Strong rental yields: short-term rentals return 8–15% per annum; long-term rentals return 6–8% per annum
• Capital growth: all major areas posted price increases of 23–29% over the past two years
• Tourist demand: over 10.47 million international arrivals in 2025
• Price gap: apartment prices in Phuket run 30–50% below comparable properties in Western Europe or Australia
• Legal clarity: freehold ownership for foreigners in condominiums is written into Thai law
• Infrastructure: Bangkok Hospital Phuket and Mission Hospital to international standard; international schools; an airport with direct flights to 60+ cities
• Diversified buyer base: buyers from Russia and the CIS (25–30%), Europe (25%), Thailand (20%), the Middle East (10%), India and South-East Asia making up the rest
• LTR Visa: Thailand's Long-Term Resident programme brings affluent digital nomads and investors to the island

Those looking at standalone properties can also explore villas in Phuket — a separate asset class with its own strong appreciation track record.

Leading developers and new builds in Phuket

Sansiri and AssetWise are both active on the island, with new projects announced for 2025–2026. The most notable new-build formats right now:

• Boutique complexes in Bang Tao — 80–200 units, with pool, co-working space, gym, and concierge
• Branded apartments — managed by international hotel operators; yields at the top end reach 8–10%+
• Low-rise developments in Rawai and Chalong — from 30 units; aimed at expats and families
• High-rise complexes in Patong — positioned squarely at the short-term tourist rental market

Buyers comparing options across the island can browse the full range of property in Phuket to find the format that fits their goals.

Apartments in Phuket for investment

Investing in apartments in Phuket puts you in one of the top three resort property markets in South-East Asia. The core metrics:

• Average rental yield: 6–10% per annum
• Short-term rentals (Airbnb model): 8–15% at high occupancy
• High-season occupancy (November–March): 80–90%
• Low-season occupancy: 50–65%
• Capital appreciation: 7–10% per year on average; in premium zones, up to 15–18%
• Payback period: at an 8% yield — roughly 12–13 years; at 10% — roughly 10 years

Investment zones at a glance:

Trends and price forecast for apartments in Phuket

The condominium market has set a decade-long record over the past two years, with transaction volumes up 60% year on year. Growth is now settling back toward a steadier pace — but it is still running above historical averages. Apartment prices in Phuket outlook for 2026:

• Annual price growth: 5–10% across the island on average
• In premium areas (Bang Tao, Kamala): 8–12%
• New supply in 2026: 6,000–8,000 units — a moderate step down from the recent peak
• Airport capacity is set to expand to 18 million passengers (works beginning in 2026), which will keep tourist arrivals growing
• The Phuket LRT (airport – Phuket Town – Chalong, approximately 59 km) is scheduled for 2031 — prices along the corridor are already beginning to price this in

Risk factors worth watching: possible appreciation of the Thai baht, localised oversupply in the mid-range segment of Bang Tao, and regulatory changes around short-term rentals.

Find and buy an apartment in Phuket

Buy apartment in Phuket through the Global-Property.Investments aggregator, where more than 8,000 listings are available. To get current options and guidance on the transaction process, submit an enquiry on the website.