Condominium for sale in Phuket
The condominium in Phuket market is breaking records — and that's not a figure of speech. In 2026, the island ranks among the most active property destinations in Southeast Asia. Over 9.5 million international tourists arrived in 2025. Buyers from Russia, Australia, India, China and Kazakhstan are keeping demand consistently high. In Q1 2025 alone, around 4,000 transactions with foreign buyers were registered across Thailand, totalling over 16 billion baht — and Phuket takes a substantial slice of that every quarter.
Whether you're looking at condos for sale in Phuket for the first time or adding to an existing portfolio, the numbers hold up. The median price for apartments in condominium in Phuket in 2026 sits at around $4,000–4,200 per m². In the premium segment, that climbs to $6,000–8,000 per m².
Types of condos in Phuket
|
Type |
Area |
Price (from) |
Features |
|
Studio |
25–35 m² |
$70,000 |
Maximum liquidity, high occupancy rates |
|
1-bedroom flat |
35–55 m² |
$120,000 |
Optimal balance of price and yield |
|
2-bedroom flat |
55–90 m² |
$200,000 |
Well suited to families and long-term stays |
|
3-bedroom apartment |
90–150 m² |
$350,000 |
Premium segment, strong rental rates |
|
Penthouse |
150–400 m² |
$700,000+ |
Luxury segment, sea views, exclusive finishes |
Advantages of buying condominium in Phuket
- Legal foreign ownership. Buying condominium in Phuket is the only way a foreigner can hold full freehold title registered in their own name. No other property type in Thailand offers this. This applies to property in Thailand with a direct title deed.
- High liquidity. Apartments in Phuket in the $120,000–200,000 range typically sell within 3 to 6 months.
- Predictable outgoings. Monthly service charges run at 30–80 baht per m². No budget surprises.
- Professional management. Most complexes have a management company on site — lettings, cleaning, maintenance, all handled.
- Well-developed amenities. Pools, fitness centres, secure grounds, parking, co-working spaces, children's areas.
- Tourist footfall. Over 9.5 million tourists a year means consistent rental demand across all condos in Phuket.
- Capital appreciation. Condos in Thailand on the west coast are growing at 7–12% per year.
Best districts in Phuket for buying apartment in condominium
Bang Tao and Cherng Talay remain the top pick for foreign buyers in 2026. Bang Tao Beach is on the doorstep, Boat Avenue keeps retail and dining close, and demand runs year-round as a result. Average condo in Phuket prices here fall between $120,000 and $180,000, with peak-season occupancy of 65–75%.
Surin sits firmly in the premium bracket — sea views included. Entry starts at $160,000–250,000, and rental rates run 15–20% above the island average.
Kata and Karon draw heavily from European buyers. Studios from $70,000, one-bedroom apartments from $110,000, in-season occupancy hitting 70–80%.
Patong has the heaviest tourist footfall on the island and the strongest short-term rental rates. It's the natural fit for condotels and investors who want fast turnover.
Nai Harn and Rawai are the quiet south. Prices run 20–30% below the west coast, studios from $65,000, steady long-term demand from expats who've been here for years.
Phuket Town is the commercial heart of the island and the lowest entry point on the market. Condominiums for sale here start from $60,000, with long-term rental occupancy sitting at 90–95%.
Leading developers and popular condo projects in Phuket
Over 72 new residential projects came to market last year, totalling more than 10,300 units. Thai developers are expanding fast, and the formats on offer are getting broader.
- Condotels with guaranteed returns — programmes offering 5–7% guaranteed yield over 3–5 years.
- Branded residences — run by international hotel operators, five-star service standards throughout.
- Eco-developments — solar energy, green spaces, sustainability focus. Bamboo Forest in Cherng Talay is a current example.
- Wellness complexes — medical and wellbeing services, spas, therapeutic nutrition built into the concept.
Condos in Phuket for investment
The west coast is producing condos for investment in Phuket with capital growth of 7–12% per year. Investing in condominiums in Phuket gives you rental income on top of long-term appreciation — a combination that's hard to find at this price point elsewhere in the region.
|
Strategy |
Gross yield |
Net yield |
|
Short-term rental (condotel) |
7–9% |
4.5–6.5% |
|
Medium-term rental (1–3 months) |
6–8% |
4–6% |
|
Long-term rental (12+ months) |
4–6% |
4–5.5% |
Find and buy condo in Phuket
Ready to buy condo in Phuket? The site has an extensive selection of property in Phuket with filters by price, area, number of bedrooms, rental type and distance to the beach. Submit an enquiry and a specialist will get back to you.
The site has close to 3,000 current listings for condominiums on the island.
Yes — and directly, without any intermediary. Buy apartment in condominium in Phuket as a foreigner means full freehold ownership, registered in your own name. It's the only property type in Thailand where that's possible.
It is. Net rental yield runs at 4.5–7% per year, capital appreciation at 7–12%. Combined returns can reach 12–16% annually. The island is considered one of the most liquid resort markets in Southeast Asia — and has been for several years running.
Condo prices in Phuket and location are where every assessment should start. Beyond that, several factors matter:
- Location: the west coast — Bang Tao, Kata, Surin — consistently produces the strongest yields.
- Type of development: a condotel with a hotel licence is what makes short-term letting legal.
- Management company: professional management typically pushes occupancy up by 10–15%.
- Price range: $100,000–200,000 is the most liquid segment on the market.
- Foreign quota: always check that the 49% foreign ownership quota hasn't been used up in the project you're looking at.
Realistic net ROI figures for 2026:
- Condos in Phuket for investment on short-term rental: 4.5–6.5% net per year.
- Condominium on long-term rental: 4–5.5% net per year.
- Villa on short-term rental: 4–6% net per year.
The cost of condominium in Phuket in 2026 breaks down like this:
- Studios: $65,000–90,000
- 1-bedroom flats: $110,000–200,000
- 2-bedroom flats: $180,000–350,000
- 3-bedroom apartments and penthouses: $350,000–1,500,000+
Significantly. In popular west coast areas, prices rose 30–60% between 2021 and 2025. Invest in condominiums in Phuket now and you're entering a market with a documented track record of long-term growth.
- The 49% foreign quota already exhausted in the project you want.
- Buying without checking the title documents — the Chanote.
- Getting the FET form (Foreign Exchange Transaction) wrong.
- Running yield projections based on peak-season figures only.
- No hotel licence in place where short-term rental was advertised.
- Hire an independent Thai solicitor with no connection to the developer.
- Verify the Chanote title deed exists and is clean.
- Get written confirmation of the remaining foreign quota from the management company.
- Transfer funds from abroad in foreign currency and secure the FET form.
- Check the hotel licence before committing if short-term letting is part of your plan.
Owning a property doesn't automatically give you residency. A condominium apartment can support an application, but ownership alone isn't enough. For longer stays, the realistic options are:
- Non-OA Retirement Visa
- Thailand Elite Visa from $15,000, valid for 5–20 years
- LTR (Long-Term Resident) Visa for high-net-worth investors, retirees and digital nomads
The standard formula:
(Annual rental income − All expenses) ÷ Total purchase cost × 100%
What to factor in when running the numbers:
- Average occupancy: use 55–65% annually, not peak-season figures.
- Operating expenses: 20–35% of gross income — management, cleaning, utilities, maintenance.
- Total purchase cost: purchase price + transfer fee of roughly 2% + legal fees + furnishings.
A condo here makes sense for:
- Investors looking for 4–7% net rental income in hard currency.
- Expats and retirees planning to live here full-time or part of the year.
- Second-home buyers who want the property to earn while they're away.
- Anyone diversifying a portfolio with overseas property in a market that's still growing.
Premium stock concentrates in Bang Tao, Laguna, Surin and Layan. The site has filters specifically for luxury real estate in Thailand and Phuket.
Yes — but only if the building holds a hotel licence. Without one, lettings under 30 days technically breach Thailand's Hotel Act. In properly licensed condotels, peak-season occupancy runs at 65–80%, with average nightly rates of $50–150 depending on the development class and location.
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