Table of Contents
- Phuket at a Glance
- Why Phuket Is a Hotspot for Condos for Sale
- Phuket has grown into one of Thailand’s busiest condo markets for a few clear reasons:
- Who Buys Condos in Phuket?
- The island brings in a wide mix of buyers:
- How the Market Has Evolved in the Past Five Years
- Phuket’s condo market has seen ups and downs, but always bounces back:
- Types of Condo Projects in Phuket
- Most condo projects here reflect the island’s holiday-home identity:
- Phuket Condo Prices by Area (2025)
- Condo prices in Phuket shift depending on location, view, and project type. Here’s a general picture:
- What to Consider Before Buying a Condo in Phuket
- What to Expect (and What Not To)
- You can expect:
- You should not expect:
- FAQs About Buying a Condo in Phuket
- Key Takeaway
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Phuket at a Glance
Phuket is Thailand’s biggest island - and one of the world’s most famous beach destinations. But it’s more than white sands and turquoise water. These days, it’s also a property hotspot attracting lifestyle buyers and global investors.
The island mixes modern convenience with cultural charm. You’ll find international schools, private hospitals, and shopping malls alongside temples, street food, and lively night markets. Phuket International Airport keeps the island connected to Asia, Europe, and the Middle East.
For many foreigners, Phuket is the first place they picture when thinking of a holiday home in Thailand.
Why Phuket Is a Hotspot for Condos for Sale
Phuket has grown into one of Thailand’s busiest condo markets for a few clear reasons:
- Global recognition: Phuket is often listed among the best islands in the world.
- Lifestyle appeal: Both villas and condos sell a mix of exclusivity, lifestyle, and design inspired by local culture. Add in the tropical climate - a major attraction for buyers from colder countries.
- International demand: Buyers come from all over Asia and Europe. Russians and Indians are rising fast, while Chinese and European buyers remain steady.
- Government investment: The airport and road networks keep expanding, making travel easier for residents and tourists alike.
No surprise then that “buy condo Phuket” has become one of the top property searches in Thailand.
Who Buys Condos in Phuket?
The island brings in a wide mix of buyers:
- Foreign retirees who want warm weather and easy access to healthcare.
- Families from Russia, India, and Europe are looking for holiday homes that double as seasonal residences.
- Digital nomads and long-stay professionals are choosing beach life with modern facilities.
- Investors are chasing rental demand and long-term value.
- Thai buyers are usually focused on inland city condos rather than beachfront, as seafront prices are often too high locally.
How the Market Has Evolved in the Past Five Years
Phuket’s condo market has seen ups and downs, but always bounces back:
- Pre-2020: Growth was strong, with many projects aimed at international buyers.
- 2020-2022: Covid slowed tourism, but long-stayers and local buyers kept the market alive.
- 2023-2024: International flights resumed and demand rebounded quickly.
- 2025: Demand isn’t just back - it’s growing.
According to the Real Estate Information Center (REIC), Phuket was one of the top 10 cities in Thailand for residential property transfers in Q2 2025, both in units and value. Transfers rose 14% year-on-year, showing buyers are not only browsing but completing deals.
Phuket was also the first city outside the Bangkok metro to reach this level. Developers are responding. Sansiri, a listed developer from Bangkok, announced 29 projects in Phuket between 2025 and 2028, worth about THB 33 billion (≈ USD 900 million).
Local developers like Laguna remain strong, while Bangkok-based groups are also active in Phuket. Origin is expanding with new projects already under construction, and Charn Issara maintains a presence on the island.
Types of Condo Projects in Phuket
Most condo projects here reflect the island’s holiday-home identity:
- Resort-style condos with big pools, tropical gardens, and hotel-like facilities.
- Luxury branded residences, including those by Laguna and other global names, which bring prestige and solid management.
- Low-rise boutique condos in Rawai or Nai Harn, popular with long-stayers.
- High-rise condos in Patong and central Phuket, aimed at buyers who want nightlife, malls, and quick transport.
Both villas and condos in Phuket sell on exclusivity, lifestyle, and design that blends with local culture.
Phuket Condo Prices by Area (2025)
Condo prices in Phuket shift depending on location, view, and project type. Here’s a general picture:
- Patong: The busiest tourist hub. Mid-range condos typically start from THB 4 million (≈ USD 110,000) and go up to THB 8 million (≈ USD 218,000), with luxury projects priced higher.
- Bang Tao / Laguna: Known for luxury resorts and branded residences. Condos here often start in the upper mid-range, around THB 7-8 million (≈ USD 190,000-218,000). Prime seafront or branded units can easily reach THB 10-20 million+ (≈ USD 272,000-545,000+).
- Rawai / Nai Harn: Quieter lifestyle zones. Condos generally range from THB 3-6 million (≈ USD 82,000-163,000), with some larger or sea-view units priced higher.
- Kata / Karon: Popular with families. Prices usually sit between THB 5-12 million (≈ USD 136,000-327,000), depending on size and view.
Sources: REIC, AREA (Agency for Real Estate Affairs), and Superagent insights
Currency conversions are based on the Bank of Thailand exchange rate at the time of writing. Rates may vary.
What to Consider Before Buying a Condo in Phuket
- Foreign ownership quota
- By law, only 49% of a condo’s sellable area can be owned freehold by foreigners. Always check quota availability before you buy.
- Rental guarantee programs
- Many projects advertise guaranteed yields (around 5-7%). These can be attractive, but read the terms carefully to see what’s promised and for how long.
- Developer credibility
- Phuket has strong local players like Laguna, plus Bangkok developers who are expanding. Stick to projects with a proven track record.
- Location fit
- Patong suits nightlife lovers. Bang Tao offers high-end luxury. Rawai is calm and community-driven. Kata/Karon is family-friendly.
- Resale potential
- In popular areas like Bang Tao and Patong, resale is often easier. In quieter zones, sales may take longer but suit buyers who plan to stay.
What to Expect (and What Not To)
You can expect:
- Plenty of choice, from boutique low-rise to luxury branded condos.
- An international community and services tailored to expats.
- A lifestyle where beaches, spas, and golf are everyday options.
You should not expect:
- Every rental guarantee is risk-free - always check the details.
- Foreign quota availability in every project - ask early.
- Beachfront affordability for locals - most Thai buyers look inland.
FAQs About Buying a Condo in Phuket
- Q: Can foreigners buy a condo in Phuket? A: Yes. Foreigners can buy as long as the building’s foreign quota (49%) isn’t full. Payment must be transferred from abroad in foreign currency with the right documents.
- Q: Is Phuket a good place to invest? A: Yes. Phuket is Thailand’s leading expat and investor market. Rental demand is strong in tourist hubs, while branded residences tend to hold long-term value.
- Q: How much do condos cost in Phuket? A: From about THB 3 million (≈ USD 82,000) in quieter areas to THB 20 million+ (≈ USD 545,000+) in luxury beachfront projects.
- Q: Which areas are most popular? A: Patong for nightlife and rentals, Bang Tao for luxury, Rawai for long stays, and Kata/Karon for families.
Key Takeaway
Phuket is more than a holiday island. It’s Thailand’s top condo market for both buyers and investors. With transfer volumes rising, new projects from major developers, and a range of lifestyle zones, there’s something for everyone.
Whether you want a holiday home, a retirement base, or a long-term investment, a condo for sale in Phuket could be the right move.
Ready to explore? Browse condo for sale Phuket listings with Superagent - we’ll help you compare projects and find the one that fits your goals.
Friendly Note
This guide is here to give you general insights into buying a condo in Phuket. It’s not legal or financial advice - rules and processes can vary depending on your situation. At Superagent, we aim to guide and support you through your property journey, and we recommend checking with licensed professionals (such as lawyers or financial advisors) before making final decisions.