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- มีนาคม 13, 2025
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Find Your Perfect Condo in Phuket A Guide to Buying & Renting
Phuket is considered one of Thailand’s most outstanding provinces, not only as a world-class tourist destination but also as a center for real estate investment, particularly Condo in Phuket , which are highly popular among both Thais and foreigners. With beautiful beaches, tranquil atmosphere, and comprehensive amenities, Phuket is an ideal location for both living and real estate investment.
However, tourists and foreigners looking to live or stay in Phuket often face significant problems regarding accommodation, whether for short-term or long-term condominium rentals. These issues have become major obstacles making tourism and investment in Phuket less smooth than expected.
Main problems for foreigners seeking accommodation in Phuket – It’s difficult!
During high season (November to April), demand for Condo in Phuket rentals and accommodations in Phuket increases dramatically. Many tourists flock to the area, causing good condominiums and apartments to be booked quickly. This results in foreigners who arrive without advance planning facing problems finding accommodation or having to pay higher prices than anticipated.
Foreigners unfamiliar with Phuket’s housing market may encounter inflated accommodation prices, especially in popular areas like Patong, Kata, Kamala, or beachfront locations. Sometimes tourists may have to pay rental fees several times higher than normal because some property owners raise prices during peak tourist seasons.
Problems with documentation and condominium rental conditions
Renting a condominium in Thailand has conditions that foreigners may not be familiar with, such as:
- 2-3 month security deposits, which are relatively large sums
- Signing contracts in Thai, making it difficult for foreigners who don’t understand the language to read the terms
- Certain restrictions, such as no pets allowed, or conditions regarding common area expenses
Unreliable options and risks of fraud
Due to high demand in Phuket’s accommodation market, many tourists are deceived by scammers posing as property owners or being tricked into paying deposits for non-existent rentals. Some may find that upon arrival, the accommodation does not match the advertised photos, or they cannot contact the landlord.
Transportation systems and potentially inconvenient locations
Many tourists may not know that Phuket does not have a comprehensive public transportation system like Bangkok. Accommodation selection must therefore take transportation into special consideration. Choosing accommodation in an inconvenient location may result in high travel costs from using taxis or private car rentals, which is an expense many may not have anticipated.
NearMeCondo.com: A solution for foreigners looking for accommodation in Phuket
To address the above issues, NearMeCondo.com is a platform that helps tourists and foreigners looking for accommodation in Phuket to search for and compare suitable condominiums more easily.
Why choose for buying or renting a Condo in Phuket ?
Since Phuket is a tourist province that attracts many visitors, it is one of the most popular provinces in Thailand for living and real estate investment. As a world-class tourism center with luxurious lifestyle and interesting investment opportunities, the Condo in Phuket market in Phuket continues to grow. However, accommodation problems persist, and demand for accommodation remains high. But why is Phuket such an interesting province with such high demand? Today, as a Phuket native, I’ve compiled information from my experience to share with you.
1. World-class tourism center
As I mentioned, our Phuket is a province that attracts many tourists, numbering in the millions per year. Most recently, in 2025, VoiceTV reported data on the 10 provinces generating the most tourism revenue in 2024, with Phuket ranking first at 497,523.93 million baht. This has led to continuous economic growth in the area, making the condominium rental market in high demand, especially in key locations popular with tourists such as Patong, Kata, Kamala, and Rawai. Investors inCondo in Phuket can receive returns from both short-term and long-term rentals.
ขออนุญาตภาพจาก : instagram.com/voicetv | 10 จังหวัด ทำรายได้จากการท่องเที่ยวมากที่สุด ปี 2567
2. Luxurious and comfortable lifestyle
This is unavoidable because life in Phuket isn’t just about beautiful seas, but also includes premium amenities. We are one of the provinces that receives many compliments from tourists for having a luxurious lifestyle in our own Phuket way. Buildings that have been renovated include Sino-Portuguese architecture, a contemporary residential identity of Phuket, and others such as:
- Michelin-starred restaurants
- Quiet beaches suitable for relaxation
- Shopping centers, department stores, and community malls
- Golf courses and luxury clubs for those who enjoy a superior lifestyle
3. Continuously growing investment opportunities
The real estate market in Phuket tends to grow strongly, especially beachfront and luxury condominiums that are highly popular. Investors can buy to rent out or wait for prices to rise and then sell for profit.
4. Popular locations for buying and renting condominiums in Phuket
- Patong – Suitable for rental investment as it is a major tourist attraction with shops, restaurants, and entertainment venues
- Kata – More peaceful atmosphere, suitable for long-term residence and popular among tourists seeking relaxation
- Kamala – High-end luxury residential zone, quiet, beachfront, and popular with foreigners looking for condominiums for investment and residence
- Rawai – Suitable for those wanting to live near the sea with comprehensive amenities
What you need to know about buying a Condo
You’ve probably seen how interesting Phuket is for rentals, with sky-high demand and the attractiveness of Phuket. Therefore, buying a condominium in Phuket is an interesting option for both those who want to live there themselves and investors looking for opportunities to generate returns in the real estate market. However, for foreigners, buying a condominium in Thailand has legal requirements and conditions that need to be understood in detail.
1. Legal requirements foreigners must know
According to Thai law, foreigners can own Condo but must be under the following conditions: ✅ Foreigners can hold freehold ownership of condominiums up to a maximum of 49% of the total area in the same building. The remainder must be held by Thai individuals or companies. ✅ Money used to purchase condominiums must come from abroad and must have documentation from a bank in the form of a Foreign Exchange Transaction Form (FET) or a Bank Certificate.
2. Freehold vs. Leasehold: Which is better for you?
There are two main forms of Condo in Phuket purchaseavailable to foreigners: Freehold and Leasehold, each with different advantages and disadvantages.
| Type | Meaning | Advantages | Disadvantages |
|---|---|---|---|
| Freehold | Permanent ownership of the condominium | ✅ 100% ownership rights <br>✅ Can sell or transfer ownership <br>✅ Higher investment value | ❌ Limited number of units foreigners can own (not exceeding 49% of the building) <br>❌ Higher price |
| Leasehold | Long-term lease up to 30 years (renewable twice for a total of 90 years) | ✅ No restrictions on foreign ownership proportion <br>✅ Cheaper than freehold | ❌ Not permanent ownership <br>❌ Contract renewal may be uncertain in the future |
If you want security and permanent ownership rights, freehold is the best option. But if you want to buy in a good location and don’t want to worry about legal restrictions, leasehold may be more appropriate.
3. Related expenses and taxes
Buying a Condo in Phuket in Phuket involves more than just the purchase price; there are other expenses to consider, including:
✅ Transfer fee – 2% of the assessed value by the Land Department ✅ Specific business tax – 3.3% (only if sold before holding for 5 years) ✅ Stamp duty – 0.5% of the selling price (if there is no specific business tax) ✅ Withholding tax – Calculated according to personal or corporate income tax rates ✅ Common area fees – Calculated per square meter according to the project, normally between 40-100 baht/sq.m./month
Summary
Buying a condominium in Phuket is a worthwhile investment if you understand the legal requirements and related expenses. Choosing to buy freehold or leasehold depends on your investment goals. If you want long-term security, freehold is the best option. But if you want a more flexible and cheaper option, leasehold is also interesting. If you’re looking for a condominium in Phuket, NearMeCondo.com can help you find a suitable location and provide advice on various legal matters to make your investment go smoothly!
What you need to know about renting a Condo in Phuket
If you’ve read this far, it means you’re also looking for a Condo to rent whether for short-term or long-term residence. Understanding the steps and various factors will help you choose the most suitable accommodation for your lifestyle and budget.
1. Short-term vs. Long-term rental: Which is suitable for you?
Renting a condominium in Phuket can be divided into 2 main types: short-term and long-term, each with different advantages and disadvantages.
| Type | Rental Period | Advantages | Disadvantages |
|---|---|---|---|
| Short-term | 1 day – 6 months | ✅ Flexible, no long-term commitment <br>✅ Suitable for tourists and Digital Nomads <br>✅ No need to pay common area or maintenance fees | ❌ Higher monthly rent <br>❌ Additional cleaning fees and other charges |
| Long-term | 6 months – 1 year or more | ✅ Lower monthly rent <br>✅ Long-term contract ensures accommodation security <br>✅ Suitable for those wanting to stay in Phuket for a long time | ❌ Must pay deposit and advance expenses <br>❌ Some places may require a binding contract of at least 1 year |
If you’re a tourist or want to try living in Phuket, short-term rental is a good option. But if you plan to live there long-term, renting a condominium long-term will help you save more on expenses.
2. Budget for rent and utilities
Before renting a condominium in Phuket, you should carefully consider your budget. The main expenses to consider include:
Condominium rent – depends on location and type of condominium, such as:
- Studio condominiums in the city start at 8,000 – 15,000 baht/month
- Sea view or luxury condominiums start at 25,000 – 100,000 baht/month
Utilities – electricity and water may not be included in the rent, normally calculated at the following rates:
- Electricity: approximately 4 – 6.5 baht/unit
- Water: approximately 20 – 30 baht/unit
Other service fees, such as:
- Internet: 500 – 1,500 baht/month
- Parking (if available): 500 – 2,000 baht/month
3. How to find the best Condo in Phuket
If you want to find a condominium that meets your needs and budget, here are important tips:
Search through websites and rental platforms: You can check condominiums for rent from various websites such as:
- NearMeCondo.com (source for condominiums in Phuket )
- primeglobalasset.com Property For Sale and Rent, House Condominium Villa Land
Choose a suitable location:
- Patong – Suitable for tourists and those who like a lively atmosphere
- Karon / Kata – Quiet, beachfront, suitable for relaxation
- Rawai / Nai Harn – Expatriate area with a relaxed atmosphere
- Phuket Town – Convenient travel, close to department stores and hospitals
Check the rental contract thoroughly: Before signing a contract, you should read the details about:
- Contract duration
- Deposit (normally 2 months’ rent)
- Additional expenses such as common area fees, cleaning fees
Renting a condominium in Phuket offers many options depending on your needs. If you want flexibility, short-term rental may be more suitable. But if you want cheaper rent and long-term residence, long-term rental will be a more worthwhile option. If you’re looking for a condominium to rent in Phuket, NearMeCondo.com can help you find the best deals easily!
Conclusion
Phuket is a popular destination for investment and residence due to its high-growth condominium market and position as a world-class tourism center. However, there are several problems for foreigners, such as difficulty finding accommodation during high season, expensive rent, and legal requirements for renting or buying condominiums.
NearMeCondo.com is a platform that helps foreigners find suitable condominiums more easily, with options for short-term or long-term rental according to their needs, along with information about legal matters and expenses related to investing in or renting condominiums in Phuket.
Frequently Asked Questions
What is NearMeCondo?
NearMeCondo is an online platform that helps foreigners conveniently find condominiums for rent in Phuket, both short-term and long-term, with information about buying and renting condominiums in Phuket, including relevant legal matters.
How long can you rent a condominium?
NearMeCondo has Condo in Phuket available for both short-term (months or weeks) and long-term (years) rental, depending on customer needs.
Can foreigners buy condominiums in Phuket?
Foreigners can buy Condo in Phuket, but there are restrictions regarding the area that can be owned by foreigners, up to a maximum of 49% of the total area in the project.
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