Phuket

Phuket Real estate 

Phuket is Thailand’s most popular and biggest island, with a busy international airport attracting a dozen millions of tourists every year, easily accessible, hosting some of the nicest beaches in the Andaman Sea as well as international schools, supermarkets, hospitals, where quality of life is renowned. Phuket is an ideal place to relocate, buy a secondary home or do property investments. Phuket real estate market knowledge and top properties investment in Phuket at your fingertips today with Keller Henson.

 

Phuket real estate market overview

Phuket real estate is fueled with foreign investments, mainly from the hospitality industry; all major international hotel groups are represented on the island. This comes with no surprise, since tourism is growing steadily, with an estimated 12 million tourists in 2023, an 85% increase after painful Covid-19 border restrictions. Phuket real estate has been on pause for almost 2 years, including the administrative offices, with most of the construction sites being delayed at least as much. In the second part of 2022, Phuket real estate has also seen a post Covid rebound thanks to the Russian diaspora, fleeing their country at war with Ukraine, and investing massively in the island. This contributed to a rapid rise in demand, specifically in few areas like Bang Tao, where real estate prices per sqm have jumped to become one of the most expensive areas in Phuket to live.

Investing in the Phuket real estate market is a safe bet, and there’s a great variety of properties for sale to suit different lifestyles and budgets as well as property investment opportunities:

  • Phuket villas for sale: from the one bedroom villas to luxury pool villas with seaview, beachfront
  • Phuket condominiums: from studio unit to spacious 3BR with private pool
  • Phuket rental guarantee properties: property investments with guaranteed return on investments.

Phuket real estate high demand keeps growing every year but remains accessible for now. Contact Keller Henson to find the best offer on the market. To find out more about how to purchase a property in Phuket and the regulations, please consult our Guide to buying property in Thailand.

 

Phuket condominiums for sale

Buying a condominium in Phuket, or a condo in short, is very popular among foreign investors,and made possible for non-residents thanks to the condominium Act, to purchase a piece of real estate in Phuket in freehold terms. Buying a condominium in Phuket is an ideal choice for vacations, longer stays or rental investments. We list new condominium project developments in Phuket from major local and international developers. As an independent agent, we can virtually recommend and assist with purchasing a condominium from any developer in Phuket. Check out our condominiums for sale in Phuket today. 

 

Purchase a condominium in Phuket

Once you have a budget and maybe a preferred location in Phuket in mind, you can browse the different condominium projects listed in our website. It’s also a good idea to get in touch with a real estate specialist like Keller Henson to get a selection of condominium project developments based on your budget and other requirements. We can advise and recommend locations in Phuket and guide you through the condominium buying process, from negotiating the price of the condominium for you, up to the transfer of ownership at the Land department.

 

Phuket villas for sale

Buying a villa in Phuket is a life goal for many who are seeking a peaceful retreat. Whether you’re looking for a villa for sale with a pool, villa for sale with sea view, close to the beach, or rather up in the hills, the amount of Phuket villas for sale is huge. In Phuket, most of the villas for sale are part of so-called “villages” with security, gardening, and maintenance included for your convenience. This can also include rental management service to rent out your villa when it’s not occupied.

We list all major new villa project developments in Phuket that suit all budgets, many of them are OFF Plan, and we can assist in assessing risk level and taking measures to minimize associated risks when you buy an off plan villa in Phuket.

 

Purchase a villa in Phuket

Buying a villa in Phuket would be most likely in leasehold terms since Thai law prohibits foreigners from buying land. The leasehold terms allow for a renewable period of 30 years. If you have a budget and maybe a preferred location in Phuket in mind , you can browse the different villas for sale listed on our website. It’s also a good idea to get in touch with a real estate specialist like Keller Henson to get a selection of villa project developments based on your budget and personal requirements. We can advise and recommend top villa projects in Phuket, from negotiating the price and buying conditions of the villa for you, up to the lease registration at the Land department.

 

Investing in Phuket

Phuket is undergoing rapid development and has posted record figures in recent years. With economic growth of 3.9% estimated by the World Bank for 2023, and rates of between 3.4% and 3.6% forecast for 2024 and 2025, Thailand justifies its 2nd place on the Southeast Asian economic ladder

 

Off-plan projects in Phuket

Off-plan projects in Phuket are everywhere. Usually, most of the highly demanded off plan projects are sold out before even the completion date is near. Buying off-plan condominiums or off-plan villas is a good way to pay less since these early investments can be up to 25% cheaper than the average market. This practice is advantageous as the launching price of these off-plan properties is rather low, with flexible payment terms and leave room for great capital gains over the years.

Keller Henson is here to help you invest in an off-plan project safely, from the developer’s background check up to the follow up and handover of the property with professional inspection

 

Phuket rental programs

Phuket hosts major international hospitality groups, and continuously sees new hotel developments to raise the overall island tourist capacity. Hotel developers are giving the opportunity to individual investors to buy a piece of real estate within the hotel development; they are offered a yearly return on their investment and a certain number of days to utilize the unit. The rest of the time, the unit is used as a hotel room. The terms vary greatly depending on the offers. Some developers offer a guaranteed revenue per year, from 5 to 8% average. This means you get a yearly guaranteed return based on the unit purchase price. Some others offer a rental pool program where revenue is shared and redistributed among owners equally at pro rate

Finally, you can also possibly rent out your condominium or villa by yourself, with Airbnb for instance, when possible or with a third party rental management company.

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Average Price Per SQM
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Residential

in progress

Ocean Sands Laguna

Phuket

฿3.6M - ฿4.8M
  • Stories: 7 Units: 213 Year: 2023 Q4
  • Avg. Price per sqm: ฿111,000.00

  • Size Ranges: 30 - 46 sqm

  • Phuket

Residential

completed

Ocean Palms Villas Bangtao

Phuket

฿16.0M - ฿28.0M
  • Stories: 1 Units: 14 Year: 2020 Q2
  • Avg. Price per sqm: ฿54,000.00

  • Size Ranges: 328 - 392 sqm

  • Phuket

Residential

Sold Out

completed

Wallaya Harmony Villas - phase 2

Phuket

฿ - ฿
  • Stories: 2 Units: 9 Year: 2020 Q4
  • Avg. Price per sqm: ฿48,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

Wallaya Harmony Villas - phase 1

Phuket

฿ - ฿
  • Stories: 2 Units: 12 Year: 2020 Q4
  • Avg. Price per sqm: ฿48,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

in progress

Garden Atlas Villas Phuket

Phuket

฿ - ฿
  • Stories: 2 Units: 7 Year: 2023 Q3
  • Avg. Price per sqm: ฿68,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

in progress

M Gallery Residences MontAzure Lakeside

Phuket

฿8.9M - ฿14.6M
  • Stories: 5 Units: 236 Year: 2024 Q4
  • Avg. Price per sqm: ฿163,000.00

  • Size Ranges: 47 - 72 sqm

  • Phuket

Residential

Sold Out

completed

Twinpalms Residences MontAzure

Phuket

฿ - ฿
  • Stories: 0 Units: 75 Year: 2018 Q4
  • Avg. Price per sqm: ฿188,000.00

  • Size Ranges: 0 - 0 sqm

  • Phuket

Residential

in progress

Sunshine Beach Condominium - 7% Guaranteed - 5 years

Phuket

฿9.2M - ฿44.2M
  • Stories: 5 Units: 672 Year: 2024 Q4
  • Avg. Price per sqm: ฿148,000.00

  • Size Ranges: 41 - 187 sqm

  • Phuket

Residential

Sold Out

in progress

The Fifth Element Pool Villas Bangtao

Phuket

฿ - ฿
  • Stories: 3 Units: 10 Year: 2023 Q1
  • Avg. Price per sqm: ฿46,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

The Nest by Wallaya Villas

Phuket

฿ - ฿
  • Stories: 2 Units: 10 Year: 2021 Q2
  • Avg. Price per sqm: ฿39,500.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

The Element by Wallaya Villas

Phuket

฿ - ฿
  • Stories: 0 Units: 11 Year: 2021 Q4
  • Avg. Price per sqm: ฿45,000.00

  • Size Ranges: 0 - 0 sqm

  • Phuket

Residential

completed

Bluepoint Seaview Condo Phuket

Phuket

฿ - ฿62.9M
  • Stories: 3 Units: 20 Year: 2020 Q4
  • Avg. Price per sqm: ฿124,000.00

  • Size Ranges: - 453 sqm

  • Phuket

Residential

completed

Veyla Natai Beachfront Villas

Phuket

฿75.0M - ฿120.0M
  • Stories: 3 Units: 15 Year: 2021 Q4
  • Avg. Price per sqm: ฿115,000.00

  • Size Ranges: 585 - 615 sqm

  • Phuket

Residential

Sold Out

completed

The Marin Phuket - 7% guarantee - 3 years

Phuket

฿ - ฿
  • Stories: 5 Units: 260 Year: 2022 Q4
  • Avg. Price per sqm: ฿141.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

Anchan Hills Villas

Phuket

฿ - ฿
  • Stories: 1 Units: 43 Year: 2022 Q4
  • Avg. Price per sqm: ฿58,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

Anchan Grand Residence

Phuket

฿ - ฿
  • Stories: 1 Units: 18 Year: 2021 Q4
  • Avg. Price per sqm: ฿58,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

Baan Bua Phase 2

Phuket

฿ - ฿
  • Stories: 1 Units: 40 Year: 2016 Q1
  • Avg. Price per sqm: ฿70,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

Sold Out

completed

Baan Varij

Phuket

฿ - ฿
  • Stories: 0 Units: 23 Year: 2022 Q1
  • Avg. Price per sqm: ฿60,000.00

  • Size Ranges: 0 - 0 sqm

  • Phuket

Residential

completed

The Proud Condominium Rawai

Phuket

฿ - ฿3.3M
  • Stories: 5 Units: 48 Year: 2020 Q3
  • Avg. Price per sqm: ฿108,000.00

  • Size Ranges: - 31 sqm

  • Phuket

Residential

in progress

Alisa Pool Villas

Phuket

฿16.9M - ฿19.9M
  • Stories: 2 Units: 8 Year: 2024 Q4
  • Avg. Price per sqm: ฿53,000.00

  • Size Ranges: 255 - 255 sqm

  • Phuket

Residential

completed

Palmetto Condominium Karon

Phuket

฿ - ฿
  • Stories: 6 Units: 30 Year: 2020 Q1
  • Avg. Price per sqm: ฿105,000.00

  • Size Ranges: - sqm

  • Phuket

Residential

in progress

Surin Sands - 8% Guaranteed - 3years

Phuket

฿3.7M - ฿10.1M
  • Stories: 7 Units: 82 Year: 2024 Q2
  • Avg. Price per sqm: ฿124,000.00

  • Size Ranges: 30 - 78 sqm

  • Phuket

Residential

in progress

AQUELLA Lakeside - Beach Country Club Golf

Phuket

฿41.5M - ฿69.5M
  • Stories: 2 Units: 15 Year: 2022 Q2
  • Avg. Price per sqm: ฿112,000.00

  • Size Ranges: 368 - 644 sqm

  • Phuket

Residential

completed

WYNDHAM Grand Nai Harn Beach Phuket

Phuket

฿2.0M - ฿2.0M
  • Stories: 4 Units: 353 Year: 2021 Q2
  • Avg. Price per sqm: ฿179,000.00

  • Size Ranges: 43 - 43 sqm

  • Phuket
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