# Property in Phuket Source: https://www.thailandpropertyinvestor.com/areas/phuket Updated: 2026-11-14 Publisher: Thailand Property Investor (Omnia Capital Group) Phuket is Thailand's resort island with an international airport, international schools and marinas. Condominiums sold for an average of THB 125,000 to 160,000 per sqm in 2025, rising to about THB 284,000 in Bang Tao. Condominiums can be owned freehold within the foreign quota. Villas are bought on a registered lease. Supply is heavy, so district and building choice matter more than timing. ## Key facts - Condominium asking prices: THB 125,000 to THB 284,000 per sqm (as of 2025-12-31) - Villa asking prices: THB 70,000 to THB 162,000 per sqm of built area (as of 2025-12-31) - Gross rental yield: 5% to 8% - Airport: about 30 minutes to Phuket International (HKT) - Coast: Andaman coast - Coordinates (longitude, latitude): 98.3381, 7.9519 - Best for: Resort second homes; Freehold condominiums with rental programmes; Leasehold pool villas; Families using international schools; Yacht owners Phuket is the place to buy in Thailand if you want a resort home with an international airport, international schools and an active resale and rental market on one island. It is also heavily supplied: property worth THB 194.5 billion was awaiting buyers in 2026, second only to Bangkok and its surrounding provinces. Condominiums sold for an average of THB 125,000 to 160,000 per sqm in 2025, with Bang Tao far above that at about THB 283,975. A foreign buyer can hold a condominium freehold. A villa means a registered lease. ## How the island divides Phuket is long and narrow, and the district you choose decides the price, the tenant and the daily drive. The airport sits in the north-west, so the north and the central west coast are the convenient end, and the south is close to an hour away. - **The north:** [Mai Khao](https://www.thailandpropertyinvestor.com/areas/phuket/mai-khao) and [Nai Yang](https://www.thailandpropertyinvestor.com/areas/phuket/nai-yang), quiet beaches beside the airport. - **The central west coast:** [Layan](https://www.thailandpropertyinvestor.com/areas/phuket/layan), [Bang Tao](https://www.thailandpropertyinvestor.com/areas/phuket/bang-tao), [Surin](https://www.thailandpropertyinvestor.com/areas/phuket/surin) and [Kamala](https://www.thailandpropertyinvestor.com/areas/phuket/kamala), where most new supply, branded residences and the highest prices are. - **Patong and the south-west:** [Patong](https://www.thailandpropertyinvestor.com/areas/phuket/patong), the resort town, then the hotel beaches of [Kata and Karon](https://www.thailandpropertyinvestor.com/areas/phuket/kata-karon). - **The south:** [Rawai and Nai Harn](https://www.thailandpropertyinvestor.com/areas/phuket/rawai-nai-harn) and [Chalong](https://www.thailandpropertyinvestor.com/areas/phuket/chalong), where long-stay residents live at lower entry prices. - **The town and the east:** [Phuket Town](https://www.thailandpropertyinvestor.com/areas/phuket/phuket-town), [Kathu](https://www.thailandpropertyinvestor.com/areas/phuket/kathu) inland, the headland of [Cape Panwa](https://www.thailandpropertyinvestor.com/areas/phuket/cape-panwa), and the marinas of [Cape Yamu](https://www.thailandpropertyinvestor.com/areas/phuket/cape-yamu). Every district's price per square metre and time to the airport are compared side by side in [where to buy in Phuket](#where-to-buy). Treat prices as a guide and check recent transfers in the building. ## What property costs Cumulative supply on the island reached 42,061 condominium units and 7,789 villas at the end of 2025. In early 2025 the median was THB 144,000 per sqm for condominiums and THB 70,000 per sqm for villas and other landed homes. Branded condominiums averaged THB 181,000 and branded villas reached THB 162,000. New units cost more than resales: non-branded condominiums sold new at THB 139,000 per sqm against THB 100,000 on resale. Budget for the costs on top. The [purchase cost calculator](https://www.thailandpropertyinvestor.com/tools/purchase-cost-calculator) and the guide to [property taxes and buying costs](https://www.thailandpropertyinvestor.com/guides/property-taxes-and-buying-costs) set out transfer fees, taxes and sinking funds. For the ownership choice itself, read [freehold versus leasehold](https://www.thailandpropertyinvestor.com/guides/freehold-vs-leasehold) and [buying a villa in Thailand](https://www.thailandpropertyinvestor.com/guides/buying-a-villa-in-thailand). ## Rental demand and yields Demand follows flights. Phuket International Airport handled 4.39 million passenger arrivals in the first half of 2026, down 1.4% on a year earlier, with hotel occupancy at 67.7% and an average daily rate of THB 5,658. Russian visitors were the largest group, followed by Indian and Chinese travellers. Condominiums yielded 5% to 8% a year in 2024. Villa yields of 10% to 15% are quoted in the market; treat that as a high-season best case, not a planning figure. Two points matter more than the headline number. Income is seasonal, and letting for under 30 days needs a hotel licence, which most condominiums do not have. See [short-term rental rules](https://www.thailandpropertyinvestor.com/guides/short-term-rental-rules) and [hotel-managed and rental pool schemes](https://www.thailandpropertyinvestor.com/guides/hotel-managed-and-rental-pool-schemes), then test your own numbers in the [rental yield calculator](https://www.thailandpropertyinvestor.com/tools/rental-yield-calculator). ## Who buys International buyers made up 67% of purchasers in the first half of 2026. The villa market is led by Russian and Chinese buyers relocating for the long term, with more Singaporean, Taiwanese, Hong Kong, Dubai-based and European buyers each year. On the condominium side, Russian purchasing has begun to slow and developers are courting buyers from India, Europe and expatriates in the Middle East. Families tend to cluster within reach of the [international schools](https://www.thailandpropertyinvestor.com/living/international-schools) in the centre and north of the island. Buying does not confer a right to stay, so check the [visa pathfinder](https://www.thailandpropertyinvestor.com/tools/visa-pathfinder) early. ## Getting there and around Phuket International has direct long-haul and regional services as well as frequent Bangkok flights: see [flights and getting around](https://www.thailandpropertyinvestor.com/living/flights-and-getting-around) for routes. On the island you will drive or be driven. Expect 15 minutes from the airport to Mai Khao, 25 to Bang Tao and an hour to Rawai, more in peak season. ## What to watch for Supply is the main risk. In September 2026 there were 90,597 units on the market, and existing stock would take about 19.2 months to sell with no new launches. Completions fell 56.8% in the first half of 2026 because projects were delayed or not ready for handover, so check the developer's track record closely. Read [the off-plan buying process](https://www.thailandpropertyinvestor.com/guides/off-plan-buying-process) before paying a deposit. The west coast is exposed to the southwest monsoon. [Climate and seasons](https://www.thailandpropertyinvestor.com/living/climate-and-seasons) and the [seasons tool](https://www.thailandpropertyinvestor.com/tools/seasons) show what that does to beaches and bookings. The [atlas](https://www.thailandpropertyinvestor.com/atlas) maps every district against schools, hospitals and marinas. ## What to weigh - The condominium pipeline stood at 28,211 units at mid-2026, with 10,233 due in the second half of 2026 and 11,438 in 2027. That is a real oversupply risk. - West-coast beaches fly red flags for much of the southwest monsoon, roughly May to October, and holiday rental income falls with the season. - Foreigners cannot own land, so almost every villa is sold on a 30-year registered lease. Renewal clauses are contractual promises, not registered rights. - There is no rail or reliable public transport. The west-coast road and the Thepkasattri highway carry everything, and peak-season journeys run well over the quoted drive times. - Enforcement against Thai nominee companies holding land tightened in 2026, with an arrest and ministerial inspections in July. Take independent legal advice on any structure offered. ## Questions ### Can a foreigner own property in Phuket outright? A condominium, yes: foreigners may hold freehold title to units making up no more than 49% of a building's saleable area, paid for with funds remitted from abroad. Land, and therefore a villa plot, cannot be held in a foreign name. The usual lawful route is a registered lease of up to 30 years with the building owned separately. ### Which part of Phuket is the most expensive? Bang Tao. Condominiums there sold for an average of about THB 283,975 per sqm in 2025, followed by Layan at about THB 197,000 and Kamala at about THB 182,375. The island-wide range was THB 125,000 to 160,000. ### What rental yield is realistic in Phuket? Condominiums yielded 5% to 8% a year before costs in 2024. Income is seasonal, and a price set on projected rental returns will not hold up if those returns are not delivered. Model your own figures after management fees, tax and low-season vacancy. ## Sources - [Knight Frank Thailand, Phuket villa and condominium market, year-end 2025](https://content.knightfrank.com/research/2838/documents/en/phuket-villa-condominium-market-year-end-2025-12944.pdf) - [Knight Frank Thailand, Phuket villa and condominium market, year-end 2024](https://content.knightfrank.com/research/2838/documents/en/phuket-villa-condominium-market-2024-12106.pdf) - [CBRE Research, Phuket overall figures, H1 2026](https://mktgdocs.cbre.com/2299/7b68866d-cef2-42d1-b483-000a7e5f4bd6-357448943/Phuket-Overall-Figures-H1_2026.pdf) - [C9 Hotelworks, Phuket property market update, May 2025](https://c9hotelworks.com/market_reports/phuket-property-market-update-may-2025) - [The Nation, Phuket property boom pushes Bang Tao and Layan prices to Bangkok levels, 18 June 2026](https://www.nationthailand.com/business/property/40067571) - [The Nation, Phuket property market hits 705bn baht (AREA survey), 12 September 2026](https://www.nationthailand.com/business/property/40070944) - [The Nation, Phuket's property boom brings pressure on local communities, 4 November 2026](https://www.nationthailand.com/business/property/40073080) - [OpenStreetMap, coordinates of named places](https://www.openstreetmap.org/)