Authored by the expert who managed and guided the team behind the Thailand Property Pack
Yes, the analysis of Phuket's property market is included in our pack
As of September 2025, the average property price in Phuket varies significantly by location and property type, with condos averaging 114,000–144,000 THB per square meter and villas ranging from 70,000–95,000 THB per square meter.
Phuket's property market has experienced strong growth over the past year, with prices rising up to 15% in prime areas like Bang Tao and Cherng Talay, while budget-friendly options remain available in Phuket Town and Chalong starting from 65,000 THB per square meter.
If you want to go deeper, you can check our pack of documents related to the real estate market in Thailand, based on reliable facts and data, not opinions or rumors.
Phuket property prices range from 65,000 THB/m² in Phuket Town to over 220,000 THB/m² in ultra-luxury areas like Bang Tao.
The island offers strong rental yields of 6-10% for short-term rentals and steady capital appreciation of 5-10% annually in prime locations.
| Property Type | Average Price (THB/m²) | Price Range |
|---|---|---|
| Condos | 114,000-144,000 | 65,000-220,000 |
| Villas | 70,000-95,000 | 65,000-162,000 |
| Townhouses | 70,000-80,000 | 65,000-110,000 |
| Luxury Branded | 150,000-220,000 | 120,000-220,000 |
| Budget Areas | 65,000-100,000 | 65,000-110,000 |
| Prime Beachfront | 120,000-200,000 | 100,000-220,000 |
| Up-and-coming Areas | 85,000-140,000 | 70,000-140,000 |
Fact-checked and reviewed by our local expert
Attaya Suriyawonghae 🇹🇭
Real Estate Broker, Zest Real Estate
What are the current average prices for different types of properties in Phuket?
Phuket property prices in September 2025 show clear distinctions between property types and quality levels.
| Property Type | Standard Price (THB/m²) | Branded/Luxury Price (THB/m²) |
|---|---|---|
| Condos | 114,000-144,000 | Up to 181,000 |
| Villas | 70,000-95,000 | Up to 162,000 |
| Townhouses | 70,000-80,000 | 80,000-110,000 |
| Resale Condos | 100,000 | 120,000-150,000 |
| Entry-level Studios | 143,668 (Patong) | N/A |
| High-end Estates | N/A | 700M+ THB total |
| Entry Villas | 4M THB total | 42.7M+ THB |
How do prices vary by area in Phuket?
Location significantly impacts property values across Phuket, with beachfront and luxury areas commanding premium prices.
Bang Tao and Laguna represent the most expensive areas, with condo prices reaching 120,000-220,000 THB per square meter due to luxury developments and branded residences. Patong remains popular for investment properties with prices ranging 100,000-160,000 THB per square meter for condos and strong rental potential.
Rawai and Nai Harn offer excellent value for money at 85,000-140,000 THB per square meter, attracting growing expat communities and showing strong appreciation potential. Phuket Town provides the most affordable entry point at 65,000-100,000 THB per square meter, ideal for budget-conscious buyers seeking urban conveniences.
Surin, Kamala, and Cherng Talay represent premium beachfront locations with prices between 110,000-220,000 THB per square meter, offering luxury lifestyle amenities and strong resale values.
What is the typical cost per square meter for properties in Phuket?
The island-wide average cost per square meter ranges from 96,000-144,000 THB for condos and 70,000-95,000 THB for villas.
These averages reflect significant variation based on location, with coastal areas commanding premiums of 30-50% over inland properties. Branded developments can reach 162,000 THB per square meter for villas and 181,000 THB per square meter for condos in prime locations.
Budget-conscious buyers can find properties starting from 65,000 THB per square meter in Phuket Town and inland areas. Mid-range properties in popular expat areas like Rawai typically cost 85,000-120,000 THB per square meter.
Ultra-luxury properties in Bang Tao and Cherng Talay can exceed 220,000 THB per square meter, particularly for branded residences with five-star amenities and beachfront access.
What are the total purchase costs including taxes and fees?
Total purchase costs in Phuket typically add 3.5-6.8% to the property price, though new developments may offer reduced fees in 2025.
The main costs include a 2% transfer fee split between buyer and seller, 3.3% business tax typically paid by the seller, 0.5% stamp duty, and 1% withholding tax. For leasehold properties, expect an additional 1% lease registration fee for 30-year terms.
Legal fees remain minimal, usually under 100,000 THB, covering due diligence and contract review. Some developers offer incentive packages in 2025 that reduce buyer fees to as low as 2% total.
On a 10 million THB property, expect total costs between 350,000-680,000 THB, making proper budgeting essential for foreign buyers.
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What mortgage options are available for foreign buyers?
Foreign buyers can obtain mortgages for freehold condos only, with strict requirements and limited loan-to-value ratios.
Major Thai banks including Siam Commercial, TTB, Tisco, GHB, and Bangkok Bank offer foreign mortgages requiring 1-2 year valid work permits and stable Thai income. Loan-to-value ratios typically range 50-70%, requiring substantial down payments of 30-50%.
Interest rates for foreigners range 6-8% with terms up to 30 years. Villas and landed houses are generally not available for foreign financing unless married to a Thai national.
The high down payment requirements mean foreign buyers need significant cash reserves, making mortgage affordability a key consideration for condo purchases above 10 million THB.
What are the best property options for living in Phuket?
The best residential areas depend on lifestyle preferences, with Bang Tao offering luxury amenities and Rawai providing affordable community living.
For families seeking international schools and shopping, Bang Tao and Cherng Talay provide excellent infrastructure with both luxury condos and family villas available. These areas offer easy access to beaches, international dining, and expatriate services.
Rawai and Nai Harn attract budget-conscious expats with active communities, lower living costs, and tranquil environments perfect for retirees and remote workers. Property prices remain 30-40% below prime beachfront areas while offering excellent quality of life.
Phuket Town suits urban lifestyle preferences with growing cultural scenes, local markets, and significantly lower property costs starting from 65,000 THB per square meter. This area appeals to those wanting authentic Thai experiences while maintaining modern conveniences.
It's something we develop in our Thailand property pack.
How do short-term and long-term rental opportunities compare?
Short-term tourist rentals generate higher yields of 5-10% but require active management, while long-term expat rentals offer 4-5% yields with greater stability.
Tourist areas like Patong, Kata, and Bang Tao produce the strongest short-term rental returns, particularly during peak season from November to February. Premium new projects can achieve up to 10% annual yields, with weekly villa rentals ranging from 20,000 to 1.8 million THB.
Long-term rentals targeting expat residents provide more predictable income streams with apartments renting from 25,000 THB monthly and luxury villas up to 800,000 THB monthly. These rentals suffer less seasonal variation and require minimal management.
However, stricter enforcement of unlicensed short-term rentals is emerging, making proper licensing and compliance essential for tourist rental investments.
Which properties offer the best resale value potential?
Ultra-luxury branded condos and villas in prime locations offer the strongest capital appreciation potential, outperforming standard properties by 30-40% over 5-10 years.
Properties in Bang Tao, Cherng Talay, Kamala, and Laguna consistently show superior appreciation due to limited supply, infrastructure development, and high-end buyer demand. Branded residences with five-star management and amenities particularly attract international investors.
Eco-resorts and sustainable developments are rapidly gaining investor interest, while properties near new infrastructure like airport expansions and marina developments show strong growth potential.
Properties in up-and-coming areas like Rawai and new development zones near the airport offer excellent value appreciation opportunities for patient investors willing to hold 5-10 years.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Thailand versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
Can you provide examples of recent purchase prices across different budgets?
Recent property transactions in Phuket demonstrate the wide range of investment options available across different budget levels.
For budget-conscious buyers, studio condos in central Patong sell for approximately 4.2 million THB at 143,668 THB per square meter. Entry-level villas in inland areas start around 4 million THB, offering basic amenities and potential for renovation.
Mid-range buyers can find one-bedroom condos in Cherng Talay up to 19.4 million THB, while three-bedroom villas in popular Rawai cost around 42.7 million THB with modern amenities and community facilities.
Ultra-luxury buyers have access to elite sea view estates exceeding 700 million THB, featuring private beaches, extensive grounds, and world-class amenities in premium locations like Bang Tao and Kamala.
It's something we develop in our Thailand property pack.
Which areas are most expensive, up-and-coming, and budget-friendly?
Phuket's property market clearly segments into distinct price categories based on location, amenities, and development status.
The most expensive areas include Bang Tao, Cherng Talay, and Laguna, where luxury amenities, beach access, and branded developments command premium prices exceeding 200,000 THB per square meter for the finest properties.
Up-and-coming areas showing strong growth include Rawai and Nai Harn with expanding expat communities, Chalong with mixed-use development, and Mai Khao benefiting from airport expansion and new resort developments.
Budget-friendly options remain available in Phuket Town with urban conveniences at 65,000-100,000 THB per square meter, Chalong offering mixed residential and commercial opportunities, and inland rural areas providing the lowest entry costs for patient investors.
These emerging areas often provide the best value for money, combining affordability with strong appreciation potential as infrastructure develops.
How have property prices changed over recent years and what's the forecast?
Phuket property prices have experienced remarkable growth, with increases up to 15% in the past year and forecasts showing continued strong appreciation through 2030.
Over the past five years, quality projects have seen 30-40% total appreciation, with branded developments significantly outperforming standard properties. The past year alone brought price increases of 10-15% in prime zones, driven by strong tourism recovery and international buyer demand.
Annual price increases of 5-10% are expected to continue through 2025-2030, with luxury segments potentially achieving 30-40% total appreciation by 2035. Condo supply increased 148% in 2024, yet strong transaction volumes indicate healthy demand absorption.
Infrastructure improvements including airport expansion, new marinas, and improved transportation networks will likely drive continued appreciation, particularly in currently developing areas near these projects.
How do Phuket prices compare with other regional destinations?
Phuket property prices position the island as a premium destination within Southeast Asia while remaining affordable compared to global luxury markets.
| Destination | Price Range (USD/m²) | Rental Yield |
|---|---|---|
| Phuket | $2,500-$4,500 | 6-10% |
| Bali (Canggu/Bukit) | $2,000-$4,000 | 8-12% |
| Da Nang/Nha Trang | $1,800-$3,500 | 5-9% |
| Dubai (prime) | $28,105 | Variable |
| Miami (prime) | $19,680 | Variable |
| Marbella | $13,416 | Variable |
| Bangkok | $2,000-$3,500 | 4-7% |
It's something we develop in our Thailand property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Phuket remains a seller's market in 2025 with property prices rising up to 15% annually in prime areas, while budget-friendly options still exist in Phuket Town and inland areas.
The island offers attractive investment opportunities with short-term rental yields of 6-10% and strong capital appreciation potential, especially for branded developments and properties in emerging areas like Rawai and Mai Khao.
Sources
- C9 Hotelworks - Phuket Property Market Update Report May 2025
- RE/MAX Thailand - Market Report 2025 H1
- Sunway Estates - Phuket 2025 Market Trends
- Fazwaz - Phuket Property for Sale
- Charles Deluvio - Phuket Property Market
- JFTB Real Estate - Phuket Property Market 2025
- Modern Diplomacy - Thailand Real Estate Market 2025
- Phuket News Property - Property Prices 2025
- Thai Residential - Phuket Real Estate Fees and Taxes
- Pulse Real Estate - Property Transfer Fees Thailand