Phuket’s luxury condominium market has become one of the most accessible and attractive entry points for international buyers seeking both lifestyle value and long-term investment. Unlike villas or land which require more complex ownership structures for non-Thais, condominiums offer a clear legal route to freehold ownership, making them an ideal choice for foreigners seeking a secure investment in Thailand. Beyond the property itself, Phuket’s global appeal support buyer confidence.
Whether you are considering a pool access residence, a seaview penthouse, or a unit in a branded resort, this guide covers what you should know before purchasing a condo in Phuket.
Why Buy a Condo in Phuket?
A condominium is the only type of real estate in Thailand that foreigners can legally own outright, provided the unit falls within the foreign quota (49% of total saleable area) of the building. This provides full ownership rights with a Chanote title deed and allows for complete control over the property, making it a preferred choice over leasehold or Thai company ownership structures.
Key benefits include:
-
Legal foreign freehold ownership
-
Full title deed registration
-
Low-maintenance lifestyle with property management
-
Resort-style amenities including swimming pools, gyms, and 24/7 security
-
Strong rental demand from both tourists and long-stay expats
Amenities and Lifestyle: More Than Just a Condo
Virtually all condominiums in Phuket offer a swimming pool and fitness center as standard. Premium developments take it a step further with facilities such as:
-
Co-working spaces and business lounges
-
Kids’ rooms and family play areas
- Spa and massage facilities
-
Cinema rooms
-
Concierge services, reception desks, and hotel-style lobbies
Some luxury condominiums are hotel-managed, operating similarly to resort investments. Owners benefit from hospitality-level service and rental pool options, combining lifestyle enjoyment with hands-off revenue generation.
Legal Considerations for Foreign Buyers
Foreigners are legally allowed to own a condominium unit freehold under Thai law, provided a few criteria are met:
-
Foreign Quota
Condominiums can sell up to 49% of their usable area to foreign buyers. In high-demand developments, foreign quota units sell out quickly, so early engagement is key. -
Funds Transfer
Foreign funds must be transferred into Thailand in foreign currency and converted into Thai Baht before purchase. A Foreign Exchange Transaction (FET) form is required at the time of registration.
Choosing the Right Condo in Phuket
When searching for a condominium in Phuket, consider:
-
Location: The northwest coast, from Cherngtalay and Bang Tao beach to Surin and Kamala is currently the most desirable area, as it is home to the newest and most interesting condominiums projects.
-
Developer Track Record: Reputable developers offer better construction quality, clearer contracts, and smoother handovers.
-
Common Areas and Maintenance: Review common area standards and ongoing maintenance fees. Condos typically charge ฿40–฿80 per square meter per month, depending on facilities.
Investment Insight
Phuket’s condominium market remains attractive for both short-term and long-term investors:
-
Rental yields in high-demand areas range from 8% to 15%
-
Year-round tourism ensures consistent demand for short-term rentals
-
Hotel-managed units can generate higher nightly rates and occupancy
Costs and Fees to Expect
Be sure to budget for:
-
Transfer Fee: 2% of the registered value (often split equally between buyer and seller)
-
Stamp Duty or Business Tax: Based on seller type and ownership period
-
Common Area Fees: ฿40–฿80 per sqm/month
-
Sinking Fund: One-time fee for long-term maintenance reserves
Have your agent or lawyer provide a full breakdown of all applicable costs in advance.
Work with Experienced Professionals
Buying through a professional real estate agent ensures access to verified listings, clearer communication with developers, and accurate foreign freehold availability.
A Thai property lawyer will perform due diligence, confirm title documents, review your sales agreement, and represent you during the transfer of ownership at the Land Office.
Final Thoughts
Buying a condo in Phuket is one of the most secure and rewarding ways for foreigners to enter Thailand’s real estate market. With world-class infrastructure, luxury amenities, and exceptional lifestyle potential, condominiums offer a smart path to tropical living or portfolio diversification.
Explore La Maison Coral’s collection of curated condominiums for sale across Phuket.