Phuket Condos for Sale Guide: Everything You Need to Know

Phuket’s condominium market remains one of the most accessible and popular property options for foreign buyers. This Phuket condos for sale guide will help you navigate the process, understand legal ownership structures, and choose the best location for your investment or dream home. Whether you’re searching for a holiday apartment, a rental income property, or a retirement condo near the beach, Phuket offers a wide selection of both freehold and leasehold units.

According to Thailand’s Land Department regulations, foreign buyers can legally own condominium units within the designated foreign freehold quota, provided the building maintains at least 51% Thai ownership.

Phuket, the tropical jewel of Thailand, is renowned for its stunning beaches, lively tourist hubs, and peaceful residential areas. Over the years, it has also become a major hub for property investment, attracting expats, retirees, and investors from all over the world. Among the many property types available, condominiums stand out for their convenience, value, and flexibility.

If you’re actively looking at Phuket Condos for Sale, this guide will take you through everything from the legal framework to market trends and investment strategies, giving you the confidence to make the right choice.

Understanding the Legal Framework for Phuket Condos for Sale & Ownership

Can Foreigners Own Condos in Phuket?

Yes. While Thai property laws restrict foreign ownership of land, foreigners can legally own up to 49% of the total saleable area in a condominium building under a foreign freehold agreement. This makes condos one of the most straightforward ways for non-Thai nationals to secure permanent property ownership in Phuket.

If you prefer a villa instead, you can explore [Phuket villas for sale] for a comparison of ownership options.

Freehold vs. Leasehold Ownership

  • Freehold gives you permanent ownership of the unit, with the title registered in your name at the Land Department.

  • Leasehold grants you use of the property for a fixed term (usually 30 years) with renewal options. Leasehold units are often cheaper but don’t provide the same long-term security as freehold.

Engaging a Qualified Lawyer

A lawyer experienced in Thai property transactions can:

  • Verify title deeds and ownership history

  • Ensure compliance with foreign ownership rules

  • Oversee contract negotiations and payment schedules

Legal guidance ensures you avoid costly mistakes and purchase with confidence.

If you still prefer the idea of owning a villa in Phuket, you can take a look at all the Phuket villas for sale here.

Phuket Condos For Sale Guide: An Overview of Phuket’s Thriving Condo Market

Current Market Trends

The condo market in Phuket is thriving, with strong post-pandemic recovery. Trends include:

  • Rental yields averaging 5%+ driven by tourism demand

  • High interest in luxury and branded residences, such as those in Laguna Phuket, thanks to premium amenities and trusted reputations

Popular Locations for Condo Investments

  • South Phuket (Nai Harn and Rawai) – Very likely the most beautiful part of Phuket and popular with retirees and excellent value for money. Great choice of Rawai villas and condos 

  • Southwest Phuket (Patong, Karon, Kata) – High rental demand, vibrant nightlife, strong appeal for short-term stays

  • North Phuket (Bang Tao, Laguna) – Quieter beaches, upscale living, popular with families and long-term expats. This area is popular with buyers due to the number of luxury and branded residences, such as those in Laguna Phuket, thanks to premium amenities

  • Phuket Town and Inland Areas – More affordable options close to markets, schools, and hospitals

Stunning View of Rawai

Phuket Condos For Sale Guide: Factors to Consider When Buying a Condo in Phuket

Location
Beachfront and tourist areas like Bang Tao Beach or Kata Beach are ideal for rental yields, while quieter locations such as Rawai or Chalong suit retirees or long-term residents.

Amenities & Facilities
Modern developments often feature pools, gyms, parking, and 24/7 security. Luxury projects may offer spas, on-site restaurants, and concierge services.

Developer Reputation
Check the developer’s track record for delivery timelines, build quality, and overall reliability.

Investment Potential

  • Rental income – Steady cash flow from short- or long-term tenants

  • Capital appreciation – Long-term value growth based on location and demand

Financing Your Phuket Condo Purchase

Thai Banks – Some local banks finance foreign buyers (often with a Thai spouse or business ties).
International Lenders – Provide overseas buyers with loans and foreign exchange assistance.
Cash Payments – Avoid interest costs but consider currency exchange fluctuations.

Tip: Consult property and financial experts to optimise payments and minimise fees.

The Purchase Process for Phuket Condos

  1. Find a Trusted Real Estate Agent & Lawyer – Choose an agent with local expertise and a good track record.

  2. Make an Offer & Negotiate – Agree on price and terms that suit your goals.

  3. Conduct Due Diligence – Verify titles, ownership history, and legal compliance.

  4. Sign Contracts & Pay Deposits – Secure the unit with a reservation fee; follow staged payments if off-plan.

  5. Register the Sale – Transfer ownership at the Land Office and pay applicable fees in Thai baht.

Living in a Condo in Phuket

Maintenance Fees & Management
Owners contribute monthly or quarterly fees for upkeep of common areas like pools, gardens, and gyms.

Community & Lifestyle
Condo living offers a built-in community and shared facilities, making it attractive for both residents and investors.

Investment Strategies for Phuket Condos

Short-Term Rentals – Target holidaymakers via platforms like Airbnb for maximum occupancy and returns.
Long-Term Rentals – Appeal to expats and retirees wanting stability and local integration.
Professional Property Management – Outsource tenant services, repairs, and bookings for hassle-free ownership.

Risks and Challenges

  • Market Fluctuations – Seasonal tourism affects rental income.

  • Regulatory Changes – Stay informed about Thai property laws.

  • Property Upkeep – Regular maintenance is essential for protecting your asset.

Why Condos in Phuket Are Still a Top Choice for Foreign Buyers in 2025

Condominiums remain one of the most secure and straightforward ways for foreigners to invest in Phuket property. With 100% foreign freehold available in many developments and strong rental demand, they offer both lifestyle benefits and long-term value. Whether you’re eyeing sea view units in Kata and Karon or resort-style condos in Rawai, Bang Tao, and Kamala, the 2025 market holds excellent opportunities.

Looking for a Condo After Reading Our Phuket Condos For Sale Guide?

At Thai Residential, we specialise in matching buyers with the best condominiums on the island, from sea view apartments in Kata and Karon to luxury beachfront units in Bang Tao, Laguna, and Kamala.

Our experienced team can guide you through every step of the buying process:

  • Explaining the differences between freehold and leasehold

  • Identifying high-yield investment properties

  • Recommending the best locations for your lifestyle

  • Negotiating the best possible price and terms

  • Ensuring your purchase is 100% safe and legal

Whether you’re buying for lifestyle, retirement, or income generation, our Phuket condos for sale guide and nearly 25 years of local expertise ensure you can purchase with confidence.

We guide buyers through every step of the process, from comparing freehold and leasehold to selecting the best development for your needs. Whether your priority is lifestyle, retirement, or rental returns, our expertise ensures you buy with confidence.

We help buyers navigate the Phuket condo market with confidence, from choosing between leasehold and freehold to selecting the right project in the best location. Whether you’re buying for lifestyle, retirement, or investment income, we’re here to help you find the perfect property.

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