When purchasing a condominium in Phuket, it’s important to understand not just the purchase price, but also the ongoing costs that come with ownership. One such cost is the common area fee, which plays a crucial role in maintaining the building and shared amenities.
These fees are not hidden charges — they are a fundamental part of condo ownership and help ensure the property retains its value and remains a pleasant place to live or rent.
What Is the Common Area?
The common area of a condominium includes all the spaces that are jointly owned by the unit owners. This may include:
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Swimming pool
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Fitness center
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Lobby and reception area
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Lifts and stairwells
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Parking areas
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Security posts
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Landscaping and gardens
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Walkways and corridors
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Building exterior and roof
In Phuket, the condominium juristic person (or management company) is responsible for maintaining these areas on behalf of the co-owners.
What Are Common Area Fees Used For?
Common area fees are pooled together to cover expenses such as:
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Cleaning and landscaping
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Security staff and CCTV systems
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Elevator maintenance
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Repairs and general upkeep
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Utility bills for shared facilities
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Salaries of management and maintenance staff
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Insurance for common property
They also cover contributions to the sinking fund, which is a reserve for major future repairs.
How Are Common Area Fees Calculated in Phuket?
In Phuket, the fee is typically calculated based on the square meter area of your unit. For example, if the fee is THB 60 per sqm per month and your condo is 70 sqm, you’ll pay THB 4,200/month.
Fees vary by development depending on the quality of the facilities, services, and management. High-end developments with luxury amenities will naturally charge more.
Can the Fees Change Over Time?
Yes, common area fees are not fixed permanently. They can be increased (or occasionally decreased) based on decisions made at the Annual General Meeting (AGM) of co-owners. Any major fee adjustments must be approved by a majority vote.
This is why it’s important to attend AGMs and have your say in how your condominium is managed.
Why Are These Fees Important to Foreign Buyers?
Foreign investors often buy condominiums in Phuket to earn rental income or use as a holiday home. Well-maintained common areas are crucial for:
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Keeping tenants happy
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Attracting higher rental yields
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Preserving long-term property value
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Avoiding disputes with the management
Neglecting these shared responsibilities can lead to deteriorating conditions and declining property values — something no buyer wants.
FAQs: Phuket Condo Common Area Fees
Q: Are common area fees negotiable when buying a Phuket condo?
A: No, these are standardized charges based on unit size and cannot be negotiated individually.
Q: Can unpaid common area fees affect the resale of my condo?
A: Yes. Unpaid fees must be settled before the property can be transferred. This may delay or complicate the sale.
Q: What’s the difference between a sinking fund and common area fees?
A: The sinking fund is a one-time upfront contribution for long-term repairs, while common area fees are recurring monthly costs for everyday maintenance.
Q: Who sets the common area fees?
A: The condominium’s juristic person sets the fees based on projected expenses and subject to owner approval at the AGM.
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