# Property in Phuket Town, Phuket Source: https://www.thailandpropertyinvestor.com/areas/phuket/phuket-town Updated: 2026-11-14 Publisher: Thailand Property Investor (Omnia Capital Group) Phuket Town is the island's capital and service centre: the old town, the main hospitals, Central Phuket and two international schools within a short drive. Condominiums asked a median of about THB 83,000 per sqm in June 2026, and the airport is about 30 minutes away. It suits full-time residents, families and long-let investors. It is a town, not a beach resort. ## Key facts - Condominium asking prices: THB 67,000 to THB 86,000 per sqm (as of 2026-06-05) - Airport: about 30 minutes to Phuket International (HKT) - Coast: Andaman coast - Coordinates (longitude, latitude): 98.385, 7.888 - Best for: Full-time residents; Families near the international schools; Lower-priced condominiums; Long-let investment; Yacht owners using Royal Phuket Marina Phuket Town is where the island lives and works: the provincial capital, with the main hospitals, Central Phuket and two international schools within a short drive. It is also one of the cheapest places in [Phuket](https://www.thailandpropertyinvestor.com/areas/phuket) to buy. Condominiums asked a median of about THB 83,000 per sqm in June 2026, against about THB 117,000 island-wide. Buy here to live, or to let to people who do. Holidaymakers stay on the beaches. ## What it is like to live there The old town is the centre: streets of Sino-Portuguese shophouses around Thalang Road, now filled with cafes, restaurants, small hotels and shops. Khao Rang, the hill on the town's north-west side, looks out over the town. Around the old town spread the newer suburbs. Wichit, to the west and south, holds Central Phuket and HeadStart International School. Koh Kaew, to the north, holds British International School Phuket and Royal Phuket Marina. Daily life is Thai and practical: markets, government offices, banks, and both the government Vachira Phuket Hospital and the private Bangkok Hospital Phuket. See [healthcare](https://www.thailandpropertyinvestor.com/living/healthcare), [international schools](https://www.thailandpropertyinvestor.com/living/international-schools) and [banking and daily life](https://www.thailandpropertyinvestor.com/living/banking-and-daily-life). ## The property on offer and what it costs Most of the stock is built for residents. Residential condominiums were the main product on the market in Mueang Phuket district in 2026, at 11,794 units. Townhouses fill the older suburbs. Since 2024, villas have been going up in inland areas north of town, such as Thepkrasattri, Si Sunthon and Bang Jo, for their short drive to Phuket Town and its services. Condominiums asked a median of about THB 83,000 per sqm in June 2026, or THB 2.99 million per unit. The wider town area, with Wichit and Si Sunthon, sits at around THB 86,000 per sqm. Buyer interest in Wichit centres lower, at about THB 67,000, so negotiate from the asking price. Villas asked a median of about THB 72,000 per sqm of built area and THB 22 million per house. Take ordinary townhouses and older homes in Wichit into the count and the figure falls to about THB 34,000 per sqm. Condominiums can be owned freehold within the [foreign quota](https://www.thailandpropertyinvestor.com/glossary/foreign-quota). Houses cannot: 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). ## Who buys and why Buyers on a budget, families, and residents who put daily convenience ahead of a beachfront. In the first half of 2026, villas in mixed-use compounds near international schools, shops and sports facilities sold well. That describes the town's edges. ## Rental demand Tenants are people who live and work on the island, on monthly or annual leases. In Wichit, people looking to rent outnumber people looking to buy by about four to one. Lets of 30 days or more do not need a [hotel licence](https://www.thailandpropertyinvestor.com/glossary/hotel-licence). See [rental income and tax](https://www.thailandpropertyinvestor.com/guides/rental-income-and-tax) and run the numbers in the [rental yield calculator](https://www.thailandpropertyinvestor.com/tools/rental-yield-calculator). ## Getting there and around The old town is about 30 kilometres and about 30 minutes from Phuket International Airport. [Kathu](https://www.thailandpropertyinvestor.com/areas/phuket/kathu) and [Patong](https://www.thailandpropertyinvestor.com/areas/phuket/patong) lie west over the hill, and [Chalong](https://www.thailandpropertyinvestor.com/areas/phuket/chalong) and [Rawai and Nai Harn](https://www.thailandpropertyinvestor.com/areas/phuket/rawai-nai-harn) to the south. The old town is walkable; the suburbs need a car. ## What to watch for Supply. Mueang Phuket had 281 projects with units for sale in 2026, so a new building competes with a long list of alternatives for tenants and resale buyers. Check the developer's completed buildings and read [the off-plan buying process](https://www.thailandpropertyinvestor.com/guides/off-plan-buying-process). Then title. On a resale house, confirm whether you are buying a registered lease or shares in a company that owns land: see [Thai company ownership risks](https://www.thailandpropertyinvestor.com/guides/thai-company-ownership-risks) and [title deeds and due diligence](https://www.thailandpropertyinvestor.com/guides/title-deeds-and-due-diligence). ## What to weigh - There is no swimming beach in town. The west-coast beaches are over the hills, through Kathu or Chalong. - Holidaymakers stay on the beaches, so a Phuket Town home lets to residents on monthly or annual terms, not by the night. - Supply is wide. Mueang Phuket district had 281 projects with units for sale in 2026, second only to Thalang, so tenants and resale buyers have plenty of choice. - Traffic around Central Phuket, the bypass and the school gates is heavy at morning and evening peaks. - Houses and villas are sold on registered leases, and some resales are held through Thai companies. Have a lawyer trace how any house is held before you pay a deposit. ## Questions ### Is Phuket Town a good place to buy property? To live in, yes. The main hospitals, Central Phuket and two international schools are within a short drive, and prices are among the lowest on the island. For holiday letting, no: visitors stay on the beaches. Plan on letting to residents on longer terms. ### How much does a condominium in Phuket Town cost? Condominiums asked a median of about THB 83,000 per sqm, or THB 2.99 million per unit, in June 2026. Across the wider town area, with Wichit and Si Sunthon, the median is around THB 86,000 per sqm, the lowest of Phuket's main areas. ### Can a foreigner buy a house in Phuket Town? Not freehold. Foreigners cannot own land, so a house or villa is bought on a registered lease of up to 30 years, with the building owned separately in some structures. A condominium unit can be owned freehold within the building's 49% foreign quota. Take independent legal advice on any structure offered. ### How far is Phuket Town from the airport? About 30 kilometres, or about 30 minutes by car to the old town. Allow longer at the morning and evening peaks. ## Sources - [AIProperty Phuket, property price index by zone, listing medians at 5 June 2026](https://aiproperty-phuket.com/guide/phuket-property-price-index) - [The Thaiger, Buying property in Phuket, area median prices, 24 July 2026](https://thethaiger.com/thai-life/property/buying-property-in-phuket) - [The Thaiger, Phuket property market 2026, what 54,628 real enquiries reveal (FazWaz portal data, December 2025 to May 2026), 13 June 2026](https://thethaiger.com/thai-life/property/phuket-property-market-2026-what-54628-real-enquiries-reveal) - [The Nation, Phuket property market hits 705bn baht (AREA survey), 12 September 2026](https://www.nationthailand.com/business/property/40070944) - [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) - [HOP INN, Phuket Old Town](https://www.hopinnhotel.com/attractions/phuket-old-town) - [OpenStreetMap, coordinates of named places](https://www.openstreetmap.org/)