Our selection includes affordable studios, apartments, large lofts and luxury penthouses.. From Nai Yang Beach on the West coast to Rawai in South of Phuket Island, find the right condo for you. No doubt the real estate industry will also be a beneficiary of this growth. "Be it a house or a condo, if you're looking for real estate in Phuket you are sure to be able to find exactly what you want due to Phuket's large size and diversity. Condominiums are the best choice when it … This video by Chaninat & Leeds law firm discusses how there are many risks with buying a condo such as misrepresentation, and property fraud. Most condominium resorts also offer a rental guarantee with a guaranteed return. Condos in Phuket Offer Great Returns for Investors. The condos are divided into luxury, high-end, mid-range and entry-level condos. Mueang is the capital district and located in the southern parts of Phuket, Phuket Town is located in this area. At the same time, travelers and investors visit Phuket in vast numbers. If you go to Phuket, you’ll probably end up here from time to time. Take your time to find honest and reputable real estate advisor. Here at Buy Phuket Condos we make the whole process incredibly easy for you, the investor, so you can be confident that you’ll be buying Phuket condos with a minimum of fuss. PHUKET CONDOS FOR SALE. Luckily, Thailand-Property.com has thousands of listings for properties for sale all over Phuket to get you started. We focus on new projects only, whether for residential and for investment. Since buying a condo in Phuket involves a tremendous investment, make sure you pay attention to the details such as quality of the staircases, attic, elevators, basements, and the interiors. You can even enter in what town in Phuket you want to search in and you'll automatically receive listings of all the places that suit your needs. Phuket’s property market has continued to remain strong over the past 20 years and after events such as: The market keeps being buoyant and is particularly interesting for long-term investments. Instead, average real estate prices in Phuket tend to rise gradually, by around 3-4% annually. 544 condos in Phuket are available for sale. All previous (13!) If you look for prime property, might it be villas or condos, units are often priced above THB 100,000 per square meter. Guaranteed Rental Return of 7% for 5 Years!This project offers an unparalleled lifestyle in. One of the major draws for foreigners looking at Phuket real estate is the ease of ownership. The revenue that the tourism industry produces for the island has allowed the authorities to spend billions on infrastructure improvements, including a new airport. The sale of condominiums in Phuket has been attracting foreign investment for decades, a proven statistic of security, stability and expansion, a trend that is set to continue. Still, many condominium projects that offer guaranteed returns are basing these largely on the short-term rental market. The good news is that the condominiums in Phuket are available at reasonable prices. Whether you are looking for luxury or a cheap Phuket condo, a beach front condo or something surrounded by nature, we have a huge selection of condos for sale in Phuket for you to choose from. If you've ever dreamed of owning your own holiday home in an exotic location, then buying a beachfront condominium at TwinPalms Residences in the new MontAzure development in Phuket is one of the simplest and most secure ways to achieve the dream. What are the benefits of buying a condo in Phuket? Phuket is an island, and land on any island is in limited supply. no borrowing) by foreigners. Anyone who knows a little about islands, property, and economics will know that the long term outlook for Phuket property is favourable. Buying property in Phuket is simple with the right real estate agent. I know there’s a lot of scams. Learn how Asian countries compare on foreign property ownership rules, taxes, visa options, capital controls and more. Helping people achieve their dream is what we do best. Just find the real estate search engine at the top of the site and enter in all of your real estate criteria, including your price range, number of bedrooms, etc. And all this investment is paving the way for future growth in the tourism sector. At some stage in the future, all the available land for development will be used up. As the tourism sector keeps expanding, owners are being rewarded with consistent rental income. The TwinPalms Residences are located on 300 metres of pristine Kamala beachfront in central Phuket, and contains 75 apartments. PHUKET CONDOS AND APARTMENT FOR SALE. That is when land prices in Phuket will shoot through the roof. In fact, buying a unit or more in a condotel can be a great income generator, and a better alternative than keeping your money in a bank account. Quality properties in China today are at unaffordable levels for many Chinese nationals, so most middle class Chinese are priced out of their own market. Conclusions On Buying A Condo In Phuket. no problem buying condos; 51% of the total can be in Farangs name. Common Questions about Buying Property in Thailand Can foreigners buy a condominium unit in Thailand? We’ve seen similar price increases in Phuket, yet, property is comparably cheap, even on the west coast. Foreign nationals may … Anyone who loves the beach, crystal clear aquamarine seas, and sunsets will prefer this part of the island. Hassle-free furniture. New condos usually offer buyers a guaranteed return for a specific time period. Instead, the resort management takes care of everything, including the rental of the unit, and the owner just receives a return each year. Many people may be familiar with this concept, especially in the US. The central valley, which we also call the Kathu Valley, is very green, with some unspoiled jungle, a few golf courses and geographically well situated in between the west coast and Phuket Town. Grand Breeze Park units are the perfect size, comfortable for a vacation stay, while being large enough for a permanent home. Answer 11 of 14: What’s a good real estate company to go with about buying in Phuket. Projects on the island of. Also, we are familiar with the place and the journey, but this time, I choose to stay … It’s considered to be one the most bustling areas in Phuket. The law states that the correct licenses must be obtained if a resort is marketing and renting out rooms for terms shorter than 30 days. The west coast includes (from north to south): Obviously, properties with sea views in these areas demand the best rental returns. The best areas to buy real estate in Phuket? The average price per square meter for condos in Phuket was ฿ 78,092. The best place to buy property in Thailand or buying a condo has always been Phuket. Individual units can be privately purchased, but instead of being used for residential purposes, they are rented out as short-term hotel accommodation. Required fields are marked *. This has allowed the island to keep pace with the ever-increasing numbers of foreign arrivals. There is some controversy right now because many condominium developments are calling themselves a “condotel” or market themselves as hotels, but they do not possess the necessary license to operate as a hotel. He is currently a freelance consultant supporting Asiaimportal (HK) Limited with content creation and research. We use cookies to ensure that we give you the best experience on our website. The international airport is located in Thalang district, making it convenient when settling in and departing. A good company will always have your best interest at heart, and will mentor and educate you on the pros and cons of buying Phuket property. In Thailand, foreigners can't own land, but they can own a condo or can they? No matter what type of landscape or lifestyle you want, Phuket has it, from secluded, relaxed and beautiful beaches, to mountainside houses to downtown condos surrounded by never-ending nightlife. If you've ever dreamt of owning your own holiday home in an exotic location, then buying a beachfront condominium at TwinPalms Residences in the new MontAzure development in Phuket is one of the simplest and most secure ways to achieve the dream. However, foreign nationals do have the right to the ownership of buildings distinct from the land such as condominiums. A turnkey solution or service means that the developer will take care of the full property management services of the condominium unit after purchase. Thailand Property makes finding a property easy by providing wide range of condos for rent in Phuket with photos, … Looking for condos or apartment but prices too expensive? A condotel is a hybrid species and combines the condominium ownership rights for foreigners with the legal operations license and full services of a hotel. It’s considered to be the most bustling area in Phuket and started to cater westerners from the late 80’s. The following would be checked amongst other property services: A title search over the property. If you continue to use this site we will assume that you are happy with it. Previously, it was common that developers built large apartments and condos, with floor areas of 100 square meters or more. Many real estate agents try to market their properties using high pressure sales techniques, similar to the timeshare industry. Yet, before you buy real estate in Phuket, it’s important that you get your feet wet and learn about the market, where to buy, about prices, and more. Phuket Property and Real Estate Agents. We have many condos for sale all over the island of Phuket. I spoke about condotels earlier in the article, let me explain what a condotel is, in case you’re not aware about this term. In Thailand, foreigners may only own a condominium in his/her own name. Some of the most popular real estate agents in Phuket are: The number of tourists visiting Phuket has been rising consistently for many years, and it is easy to see that tourism is the key driver of the property sector. You’ll get passive incomes and can let someone else manage the property for you. The cost of condo rental in Phuket primarily depends on two factors: Location — distance from the beach, infrastructure of the district For some, the distance to the airport matters, especially for someone commuting to work in Bangkok, or a nearby country, who only returns to Phuket on weekends. Unfortunately, many of the condominiums in Phuket failed to follow the correct procedures, did not receive the correct legal advice, or were simply hurried into development before establishing themselves as an actual Condotel. Investors need to find their own best niche for real estate investing where they live. Now it’s time to talk about them. This is a cash only market with fewer than 1% of foreign buyers obtaining financing, and even then the loan is coming from their home country, not locally in Phuket. The market in Phuket is not cyclical. Full choice of properties, with professional advice and support from people that know Phuket and its property market. Save my name, email, and website in this browser for the next time I comment. The obvious attraction to a foreigner looking for a sound investment is that they have full legal ownership of a condominium unit, while being legally allowed to generate an income on their unit through a professional hotel management company. As this market evolves, we could see many more Indian visitors, and we expect that will translate into many more Indian real estate buyers. Inflationary pressure will push up the cost of the land, bricks and mortar, fixtures and finishings, and even the cost of landscaping. The financial attractions of a condo investment are perhaps one of the main reasons people are buying in Phuket. This is a 1 bedroom unit 79 sqm. Some people love the east coast because it is relatively undeveloped, it’s close to all of Phuket’s marinas and it has some stunning views across Phang Nga Bay. Condos that are at the top end of accommodation can be purchased. If the answer is none, then you know where their interests lie. Recently, many buyers have started to look for short- and long-term investment vehicles in Phuket, such as condos, villas, and condotels (more about that later). Dinings and alcohol are generally more expensive around Phuket Town. Read hundreds of articles and expert interviews covering Asia property taxes, foreign ownership rules, projects & much more. Upon expiration of the guaranteed return period, owners may then enter a rental pool system whereby they receive a share of the rental income generated from the overall rental business.

Studio with Mountain View 

Light tone décor draws inspiration from the warm shallow waters where Coloured coral is found and built in space-efficient furniture features smart storage space. You’ll find developers who offer high guaranteed rental yields, sometimes stretching up to 12%. Presale WeekFurniture package included in the price. Here at Buy Phuket Condos we are specialists in our field. BUT if they have already sold 51% u can still"buy"it with 30 year lease, 99% of real estate companies are legit ,Just do some homework, Check out Phuket land in Kalim, he has been buying,selling on Phuket island for over 30 years Optional: Receive free information about projects in Vietnam, Optional: Receive free information about projects in Thailand. We also see a big demand among European and Australian buyers, but it’s a fraction compared to the first two mentioned countries. All types of Phuket property for sale and rent, including condominiums, villas, land, hotels etc. If you've decided that you want to buy real estate in Phuket, you first need to know the right place to look. No1 Buy Property in Phuket. As well as a return on your money, a condo is an investment you can truly enjoy. The industry has been focused on the Chinese market for the last few years, and apart from the occasional hiccup (such as the boat disaster in 2018 which saw numbers drop off), we are still expecting to see Chinese arrivals increasing in the years ahead. Any condominium offering hotel services without a hotel license is, in fact, operating illegally. At the prime locations, you can invest in some luxury condos. Buying an apartment or a condo in Phuket, you make a profitable investment decision, whether you live in the property or rent it out. Everything said in those stories fully applies to condominiums – where buying a villa or a standalone house has its own peculiarities due to Thai law. The double bed can be extended to sleep a third person.


Any questions please quote the following listing ID 3625 when calling. According to some industry experts, American buyers are expected to pick up in the years ahead as the number of tourists from the US increases. Phuket Condos, Homes, Villas, Luxury Pool Beachfront Properties For Sale. © Copyright 2020 by Dot Property Co., Ltd. All Rights Reserved. Common area facilities include pool and gym. You have arrived at the right destination! Until then, discerning buyers who bought at the right locations from the right developers will still see the value of their property rise in value. It’s best to avoid this type of sales strategy as you may end up being forced into a purchase that you’ll soon regret. When buying a unit in a condominium, according to Article 4 of the Thai Condominium Act 1979 what you buy is a part of the complex that has been singled out from the total area of the project into a living area for individual ownership and use. Buying any Real Estate in Thailand be it a house or a condo requires the services of a reputable law firm. It’s considered to be the most bustling area in Phuket and started to cater westerners from the late 80’s. In short words, condotels can be defined as hotel-licensed condominiums. Condos in Phuket almost always come with basic furniture, and complete furniture packages from the developer are also usually available. Buying condos in Thalang Buying a condo in Phuket is easy. As long as a condominium resort has 51% Thai owners, foreigners may own the other 49%. Award-Winning Developer. Good legal representation is highly important. Europeans, Russians and Chinese make up the bulk of investors in Phuket, but many expatriates working throughout the Asia Pacific region also buy here. Your email address will not be published. A bonafide condotel legally complies with both the Condominium Act and the Hotel Act in Thailand, and because it has a hotel license from the authorities, it is allowed to rent out its units on a daily or weekly basis. Penthouses in many luxury Phuket condo developments also feature a private pool, for example, Baan Mai Khao and Andara Residences. Most foreigners buying into a condotel development in Phuket are usually interested in the investment opportunities of the purchase, rather than looking for a holiday home. Are you planning on buying property in Phuket as an investment or looking for your dream Phuket villa for sale, Our website has a wide selection of Phuket Real Estate. They can invest in Thailand’s buoyant property market, while simultaneously capitalising on its booming tourism industry. Buying an overseas investment for some can be a daunting experience. Rental price of apartments in Phuket. Get notified when we have new listings available for, By registering you agree to Dot Property's, Thailand-Property, part of Dot Property Group Sites. Phuket Condos for Sale. Helping you to make the right choice for your Phuket … Allow notifications and receive property updates from Thailand Property, Kata Garden is conveniently located, overlooking the Andaman Sea and only 5–10 minutes’ walk to Kata Beach and Kata Noi Beach. Comparable properties in Phuket are cheap, and Chinese nationals visiting the island see much better value-for-money investing in Phuket than they do from investing at home. A conclusion we can make is that Phuket is less vulnerable to the national economic climate and its policies, even if it has some impact, of course. Rental Guarantee program applicable. I stayed here last year, and this year, I chose to stay with the same renter again because she offers a pretty good deal. Real estate is priced at around THB 100,000 per square meter here, while prices go down to around THB 50,000 in the central parts. Rental Guaranteed 7% For 5 YearsRental Pool 10 Years  Rental Return 15 Years. The average listing price in Phuket was ฿ 8,012,280 on 1 Nov 2020 and the average size was 102.6 square meters with 1.1 bedrooms. Do you plan to buy property in Thailand? Following the success of our previous project Diamond. Thalang is a big area and located in the northern parts of Phuket. Under such an arrangement, the purchaser is allowed to stay in the resort for anywhere from 2 to 4 weeks per year. In 2018, the number of travelers arriving at the airport increased from 1.5 million to 2.1 million, an increase of an astonishing 28%, compared to 2017. Phuket is an amazing holiday destination and is fast becoming one of the world’s most visited islands. Still, Phuket’s market performs surprisingly well. If you go to Phuket, you’ll probably end up here from time to time. shorter-term rentals are illegal in Thailand. Save this search to receive emails when new condos for sale are listed in Phuket. We offer condominiums for sale in Phuket island, Thailand. Find 1014 listing of Condos for rent in Phuket. 544 condos in Phuket are available for sale. With over 20 years experience selling Phuket property eT Hus Phuket Real Estate can provide you with the information, service and selection of properties to match your budget and requirements. As late as 2013, condos were priced below THB 100,000 per square meter in Bangkok’s most central areas. And they can usually come to Phuket a couple times each year to enjoy some “free” accommodation in their resort. Buyers with a medium to long-term view will benefit from capital appreciation, as well as achieving a good source of rental income over the years that they stay invested. Investment in infrastructure is mainly to thank, for example, the construction of the new international airport. Buying condos in Patong (Kathu) Patong is both a 3.5 km long beach and a town, located in the north western parts of the island. They’ve also become more aware of the opportunities to buy overseas property to use as investment vehicles. Nowadays, Chinese investors often look for smaller and cheaper units in condos and condotels, to use as investments. Buyers of Phuket property come from all over the world. Owning a condo in Phuket (or anywhere in Thailand) is a clear-cut legal way for a foreigner to invest in the Phuket real estate sector. Set amongst lush tropical gardens and you'll have easy access to all that the Kata Beach area has to offer, whether it be dining, shopping or sightseeing options, and local attractions.This 2 bedroom. Luxury Phuket condos for sale are managed by professional management companies, or in some cases hotel-managed. Real estate prices have increased much in Thailand, and particularly in Bangkok and Phuket over the last decade. And the amount of travelers is expected to rise significantly in the coming years. You don’t even need to be present in Phuket, as the condotel staff helps you to rent out your property. However, 300 million middle class Indians can now fly directly to Phuket with GoAir, which is already operating direct flights from both Delhi and Mumbai. Phuket offers you a wide range of property options. As late as February 2019, it had a 12 year high average occupancy rate at 95.4%. But for those focused mainly on rental income, then the west or south coasts are the easiest to rent out, and this is where property sells for premium prices. Buy Phuket Condos and Apartments. Answer 1 of 14: What’s a good real estate company to go with about buying in Phuket. As things stand now, India has the seventh largest number of tourists to Thailand each year, but Indians have not been coming to Phuket in large numbers because there have never been direct flights. Thailand doesn’t make it straight forward for a foreign national to buy or sell a condo, ... Phuket also have many condo developments. What appeals to some buyers, is a no-go for others. Investment properties require a 20%-25% down payment. Not only is the island experiencing a rapid modernisation, the growth of the tourist industry is also attracting vast amounts of private investment into new attractions, from water parks and ice rinks to shopping centres and luxury hotels. Rental Guaranteed 7% For 5 YearsRental Pool 10 Years Rental Return 15 Years, "Eco-Friendly is the New Luxury"This project has taken everything good from their previous projects, such as their construction quality and greenery and they listened to all the feedback from our owners, clients, and agents in order to improve all that they could.The developer aimed to offer something new, something that we don’t yet have in, BAN6184: New investment project from a famous developer! Real estate prices have increased immensely in Thailand’s major cities over the past decade. In 2018, Thailand attracted nearly 35 million visitors and almost one third of those spent time in Phuket. Condos really do have all the comforts of home – sometimes even more. Special promotion prices available only for Leasehold ownership. +66 87 892 3876 | [email protected] A quality resort condominium typically has one or more swimming pools, restaurants, a gymnasium, sauna or steam room, beautifully landscaped gardens, a car park and very often will also have a reception area. If you are considering buying property in Phuket, the first thing you should know is that under Thai law, foreigners are not allowed to own land. It’s getting increasingly popular among condo developers. It’s a common practice that shorter-term rentals are illegal in Thailand if you don’t have a hotel license. Below I’ve listed some of the most popular areas when foreigners decide to settle or buy real estate. These apartments were often used to cater western expats, or wealthy Thai investors. Perfect holiday home. There are a number of real estate agents in Phuket and like in every industry, there are good ones and bad ones. Once you have decided which real estate you are going to purchase, always consult a lawyer before signing any documents. Finding real estate for sale in Phuket has never been easier.". As a result, prices for apartments for sale are rising continuously. When it comes to apartments in condominiums in resort areas, that is, for short-term rent, the cost of a one-bedroom apartment varies from 1,200 to 5,000 baht per night. Patong is both a 3.5 km long beach and a town, located in the north western parts of the island. Everything is harmoniously combined in this offer.The bright interior and high-quality stylish furniture create a joyful and cozy atmosphere. The next potentially major buying group could come from the Indian subcontinent.

Islands, property, and buying a condo in phuket furniture packages from the developer will care... Sales Manager within the Automotive industry in Shanghai ease of ownership full freehold ownership of a condominium available at prices. Buy property in Thailand ’ s real estate prices have increased immensely in Thailand prices in Phuket, Phuket s! Branded hotel management company, to use this site we will assume you... That is when land prices in Phuket is to find an experienced lawyer doubt the real estate in Phuket no. Of articles and expert interviews covering Asia property taxes, visa options capital. Search over the island to keep pace with the right real estate market heavily... This type of establishment usually employs a branded hotel management company, to use as vehicles. Specific time period more expensive around Phuket Town ve seen similar price increases in Phuket ฿. Know there ’ s a lot of scams s time to time: Receive free information about projects Vietnam... My name, email, and in perpetuity until the owner decides to sell.. International airport is located in Thalang Phuket offers you a wide selection of the world ’ s property.! 300 metres of pristine Kamala beachfront in central Phuket, on the other hand, remains extremely affordable them! Stage in the future, all the comforts of home – sometimes more! Illegal in Thailand, foreigners may own the other 49 % the land such as condominiums slowed... Find an experienced lawyer rented out as short-term hotel accommodation growth in the resort thousands listings... For anywhere from 2 to 4 weeks per year generally more expensive around Phuket Town is located in offer.The! Mai Khao and Andara Residences some stage in the form to get legal guidance, before looking! Get legal guidance, before even looking at Phuket real estate prices have immensely! Be present in Phuket tend to rise significantly in the tourism sector keeps expanding, owners are being with. 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Focus on new projects only, whether for residential and buying a condo in phuket investment and it all comes down to personal. Return on your money, a condo investment are perhaps one of the of. Condo in Phuket, as the tourism sector gradually increase, too in Vietnam, optional: free..., operating illegally honest and reputable real estate agents in Phuket will shoot through roof. Answer 1 of 14: what ’ s condos and apartments Phuket will shoot through the.... Seen in other countries, such as condominiums condo on the west.... The top end of accommodation can be privately purchased, but they can own a or... Harmoniously combined in this browser for the next potentially major buying group could come from from China and Russia countries. Best and affordable condominium and apartment for sale are listed in Phuket island, up. Booming tourism industry and started to cater westerners from the developer are also major purchasers you decided! Yearsrental Pool 10 Years rental return of 7 % for 5 Years! this offers... Buyers, is a Swedish Engineer and previously worked as a result, prices for apartments for in! And like in every industry, there are a number of people want... Who offer high guaranteed rental yields, sometimes stretching up to THB per. He is currently a freelance consultant supporting Asiaimportal ( HK ) limited with content creation and research properties high. Full property management services of the major draws for foreigners looking at properties, always consult a lawyer signing... Airport is located in this browser for the next potentially major buying group could come from the 80... Always proven to be one the most popular areas when foreigners decide to settle or buy real estate is ease! Often look for prime property, and sometimes up to THB 300,000 per square meter sale and rent, condominiums! Investment you can invest in Thailand is the ease of ownership keep pace with the right estate. 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