(176) Properties Available For Sale in Phuket

Learn More about Properties for Sale in Phuket

The real estate market in Phuket is now one of the best places in Asia to put your money. Smart investors should consider the island because property prices are expected to rise, and almost 60% of all condo sales are to buyers from other countries. You need to know what's going on in the market right now if you want to buy a high-yield condo or a luxury villa.

CBRE Thailand says that condo sales went up 201% and villa sales went up 148% from 2023 to 2024. In the first half of 2025, market experts say that sales of residential properties will reach more than 45 billion baht. This trend shows how Phuket has gone from being a place where tourists come for a short time to a place where people from other countries live permanently.

Phuket is a good place for investors to look because there are many different kinds of properties for sale at different prices. In each area, there are a lot of different kinds of properties that are good for both fun and making money. In Bang Tao, for instance, there are condos on the beach, and in Rawai, there are private villas.

Getting to Know Phuket's Ever-Changing Real Estate Market

Size and makeup of the market

Bang Tao and Cherngtalay are still the leaders in the luxury market, offering high-end condos with good liquidity. One-bedroom condos in Cherngtalay can cost up to THB 19.4 million, which shows that the area is already a high-end place to live near beaches, international schools, and other lifestyle amenities.

Kamala has become a popular place for luxury villas with international appeal. Rawai and Nai Harn, on the other hand, are popular with investors looking for high-end villas that can make a lot of money through rentals. These southern areas are close to yacht clubs, beach clubs, and communities of expats.

Layan, Thalang, Nai Thon, and Pa Klok are all up-and-coming neighborhoods that are likely to be good places to invest in. These areas are getting better infrastructure, more international buyers are interested, and prices are easier to reach than in established beachfront areas.

Featured Investment Options

Villas

Villa investments offer great chances for both lifestyle and rental returns. Ultra-luxury homes in prime areas like Kamala's "Millionaire's Mile" can cost more than $20 million USD. Accessible villas usually start at around 12 million THB.

Modern buildings show off new designs that make the most of living in the tropics. The modern 3-bedroom villa with a high ROI near BCIS in Chalong is an example of how choosing the right location can make an investment more valuable. In the same way, stylish 5-bedroom pool villas in Rawai can make a lot of money for landlords in established expat communities.

High-End Condos

Investing in a condo is a good way to get into Phuket's real estate market without having to do a lot of upkeep. Bang Tao has oceanfront two-bedroom condos with direct beach access and resort-style amenities. Patong has studio units with pool access that are great for short-term rentals.

Branded homes have created new categories of high-end investments. Thailand has the most branded homes in the Asia Pacific region, and Phuket has the fifth most branded developments in the world. These properties make up 10% of all condominium units and cost a lot more than similar non-branded properties.

Off-plan Developments

Off-plan properties in Phuket let you buy homes at prices lower than what they will be worth when they are finished. Cherngtalay has sustainable 3-4 bedroom pool villas, and Thalang has modern designs in up-and-coming areas. These are great places to buy homes that will go up in value.

Investors should, however, carefully look at the developer's credentials, the project's timelines, and the market's absorption rates. In the first half of 2025, the market saw a 74.3% drop in new villa launches. This was due to developers being cautious as inventory levels rose.

Things to think about when investing and how the market works

Possible Rental Yield

Compared to other markets in the area, Phuket real estate has very high rental yields. Short-term rentals usually make 10-12% a year, while long-term rentals make 6-8% a year.

Properties in popular tourist areas like Bang Tao, Kamala, and Surin always get the best returns because international visitors looking for luxury accommodations are always looking to rent them out short-term.

The Framework for Foreign Investment

Foreign buyers make up almost 60% of all property sales. Buyers from Russia, Europe, China, India, Australia, and the UK are the ones who want to buy the most. Foreign buyers can make up as much as 70% of purchases in luxury developments, making Phuket one of the best places in Asia to invest internationally.

Foreign investors need to be aware of the 49% foreign ownership limit for condominiums and think about leasehold structures for villa investments. Recent stricter enforcement against illegal nominee arrangements means that you need to be very careful about following the law and getting professional advice.

Effects of Infrastructure Development

Big infrastructure projects will have a big effect on property values and returns on investments. The Phuket International Airport expansion will cost 6 billion baht and be finished by 2029. It will raise the airport's capacity from 12.5 million to 18 million passengers per year.

The planned Phuket Island Light Rail Transit system will connect the airport to Chalong over 42 kilometers with 21 stations. This will greatly improve connectivity. Once the planned route is open, properties along it will have a better chance of going up in value over time.

How to Successfully Navigate the Buying Process

Requirements for Due Diligence

To buy property successfully, you need to do a lot of research, including checking the legal title, getting development permits, and checking the developers' financial history. People who want to buy property in Thailand should hire a lawyer who knows Thai property law and the rules about foreign ownership.

Selective buyers who are looking for good locations and established developers are in a good position in the market. In today's market, properties with unique locations, resort-style amenities, and professional management structures are more likely to do well.

Financing and Transaction Structures

Most purchases are made with cash instead of a mortgage, which keeps the market stable and makes people less financially vulnerable. Buyers should be ready to pay extra costs, such as transfer taxes, legal fees, and utility deposits, which usually range from 2% to 4% of the purchase price.

Because the value of the Thai baht changes compared to other currencies, currency hedging strategies might help international buyers. Professional financial advice can help you choose the best time and way to make a deal.

Are you ready to look at some amazing properties for sale in Phuket? La Maison Coral's team of experts is ready to help you navigate Phuket's fast-paced real estate market, from choosing the right property to successfully owning it. Call our multilingual experts today to learn how Phuket's best properties can help you reach your investment and lifestyle goals.