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
If you're curious about how much it costs to buy a home in Phuket, you're in the right place.
We've gathered the latest data on Phuket property prices for 2026 and broken it down in a way that's easy to understand.
This article is regularly updated so you always have access to fresh, reliable numbers.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Phuket.
Insights
- The median Phuket property price in 2026 sits at around 8.7 million baht, but the average is nearly 14 million baht, which tells you there's a lot of expensive stock pulling that number up.
- Buyers in Phuket typically negotiate about 6% off the asking price, with villa discounts often reaching 10% because larger deals leave more room for bargaining.
- Condos make up roughly 55% of all listings in Phuket, making them the most common property type you'll encounter when searching.
- Prime west coast areas like Bang Tao and Surin can cost 170,000 to 350,000 baht per square meter, while inland spots like Phuket Town hover around 70,000 to 120,000 baht.
- New builds in Phuket command a 10% to 20% premium over older resale condos, mainly because of modern amenities and turnkey convenience for rental investors.
- Over the past decade, Phuket property prices have risen roughly 35% to 55% in nominal terms, driven by tourism growth and limited beachfront land.
- A realistic entry point into the Phuket market starts around 2.5 to 3.5 million baht for a basic studio condo in places like Phuket Town or Kathu.
- When you factor in legal fees, transfer taxes, and minor renovations, expect to add roughly 6% to 10% on top of your agreed purchase price in Phuket.
Fact-checked and reviewed by our local expert
Attaya Suriyawonghae 🇹🇭
Real Estate Broker, Zest Real Estate
What is the average housing price in Phuket in 2026?
The median housing price is more useful than the average because it shows what a typical buyer actually pays, without being skewed by a handful of ultra-luxury villas that can cost tens of millions of dollars.
We're writing this as of January 2026, using the latest available data from authoritative sources like FazWaz, Knight Frank Thailand, and the Bank of Thailand, which we manually cross-checked for accuracy.
The median housing price in Phuket in 2026 is approximately 8.7 million baht (around $278,000 or €237,000), while the average housing price is higher at about 13.8 million baht (around $443,000 or €377,000). This gap exists because luxury villas and premium beachfront properties push the average up significantly.
About 80% of residential properties in Phuket in 2026 fall within a price range of 4 million to 28 million baht (roughly $128,000 to $897,000 or €109,000 to €765,000).
A realistic entry-level budget in Phuket is around 2.5 to 3.5 million baht ($80,000 to $112,000 or €68,000 to €96,000), which can get you an older studio condo of about 28 to 35 square meters in areas like Phuket Town or Kathu with basic pool and gym facilities.
For a typical luxury property in Phuket in 2026, expect to pay between 50 million and 200 million baht ($1.6 million to $6.4 million or €1.4 million to €5.5 million), which would get you a new 4 to 6 bedroom sea-view pool villa with 350 to 700 square meters of built area in premium locations like Bang Tao or Surin.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Phuket.
Are Phuket property listing prices close to the actual sale price in 2026?
In Phuket in 2026, buyers typically pay about 6% less than the listed asking price when the deal closes.
This discount happens mainly because condo inventory is high, giving buyers leverage to negotiate, and because sellers often start with ambitious prices hoping to attract foreign demand. The gap is widest for villas, where discounts can reach 5% to 10% due to the larger transaction amounts and longer negotiation cycles.
Get fresh and reliable information about the market in Phuket
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What is the price per sq m or per sq ft for properties in Phuket in 2026?
As of January 2026, the median price per square meter in Phuket is around 135,000 baht ($4,330 or €3,690 per sqm), which works out to about 12,500 baht per square foot ($400 or €343 per sqft). The average price per square meter for condos across Phuket is slightly higher at about 140,000 baht ($4,490 or €3,825 per sqm), or roughly 13,000 baht per square foot ($417 or €355 per sqft).
Newer beachfront condos, branded residences, and sea-view units on the west coast command the highest prices per square meter in Phuket because of scarce buildable land and strong rental demand, while older inland condos in non-tourist zones have the lowest prices.
The highest prices per square meter in Phuket are found in Bang Tao, Surin, and Kamala, where prime new stock ranges from 170,000 to 350,000 baht per sqm. The lowest prices are in Phuket Town, Kathu, and Chalong, where you'll find ranges of 70,000 to 130,000 baht per sqm depending on building age.
How have property prices evolved in Phuket?
Compared to one year ago, Phuket property prices in 2026 have increased by about 2% in nominal terms, which means they're roughly flat when adjusted for inflation. This modest growth reflects ongoing land and construction cost pressures, balanced against tight lending conditions that have kept local buyer demand somewhat constrained.
Looking back ten years, Phuket property prices have risen by an estimated 35% to 55% in nominal terms, or roughly 15% to 30% after adjusting for inflation. This long-term growth is driven by Phuket's expanding tourism economy, international buyer interest, and the limited supply of developable beachfront land along the popular west coast.
By the way, we've written a blog article detailing the latest updates on property price variations in Phuket.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Phuket.
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.
How do prices vary by housing type in Phuket in 2026?
In Phuket in 2026, condominiums make up about 55% of listings, followed by villas at around 25%, standard houses at 15%, townhouses at 3%, and penthouses or specialty units at 2%, reflecting the island's strong condo development activity driven by foreign buyer demand and rental investment appeal.
Studio and 1-bedroom condos in Phuket typically average around 6 to 7 million baht ($190,000 to $225,000 or €164,000 to €191,000), while 2-bedroom condos average about 12.5 million baht ($400,000 or €342,000). Larger 3-bedroom homes or condos average around 23.6 million baht ($756,000 or €645,000). Villas span a wide range, with the common band sitting between 15 million and 60 million baht ($480,000 to $1.9 million or €410,000 to €1.6 million), though they can reach up to 255 million baht for ultra-luxury estates.
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Phuket?
- How much should you pay for a house in Phuket?
- How much should you pay for an apartment in Phuket?
- How much should you pay for a villa in Phuket?
- How much should you pay for a condo in Phuket?
- How much should you pay for lands in Phuket?
How do property prices compare between existing and new homes in Phuket in 2026?
In Phuket in 2026, new-build condos typically cost 10% to 20% more than comparable older resale units, while new villas command a smaller premium of about 5% to 15% over existing homes.
This premium exists because new properties come with modern layouts, better facilities, developer warranties, and a "turnkey" appeal that's especially valuable for buyers targeting the rental market in high-demand areas like Bang Tao and Rawai.
Buying real estate in Phuket can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
How do property prices vary by neighborhood in Phuket in 2026?
Bang Tao and the Laguna area in Choeng Thale are home to family villas, larger condos, and gated communities, with prices ranging from 10 million to 120 million baht ($320,000 to $3.8 million or €273,000 to €3.3 million). This area commands premium prices because of its international school access, lifestyle amenities, and strong long-stay rental demand from families.
Rawai and Nai Harn in southern Phuket offer mid-range villas and low-rise condos, with prices typically between 5 million and 45 million baht ($160,000 to $1.4 million or €137,000 to €1.2 million). These neighborhoods attract long-stay expats who want a relaxed vibe with walkable daily amenities and good rental potential.
Kamala on the west coast features sea-view condos and higher-end villas, priced from around 7 million to 60 million baht ($225,000 to $1.9 million or €191,000 to €1.6 million). Buyers pay a premium here for the quieter atmosphere compared to Patong while still being close to the beach with excellent views.
You will find a much more detailed analysis by areas in our property pack about Phuket. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Character | Price Range (THB / $) | Per Sqm (THB / $) | Per Sqft (THB / $) |
|---|---|---|---|---|
| Phuket Town | City / commute | 2.5M - 12M / $80k - $385k | 70k - 120k / $2,250 - $3,850 | 6,500 - 11,150 / $208 - $357 |
| Kathu | Commute / golf | 3M - 15M / $96k - $481k | 80k - 130k / $2,565 - $4,170 | 7,430 - 12,080 / $238 - $387 |
| Chalong | Family / marina | 4M - 18M / $128k - $577k | 75k - 125k / $2,400 - $4,010 | 6,970 - 11,615 / $223 - $372 |
| Patong | Nightlife / rental | 4M - 25M / $128k - $801k | 120k - 200k / $3,850 - $6,410 | 11,150 - 18,580 / $357 - $596 |
| Karon | Beach / family | 4.5M - 25M / $144k - $801k | 120k - 190k / $3,850 - $6,090 | 11,150 - 17,650 / $357 - $566 |
| Kata | Beach / expat-friendly | 5M - 30M / $160k - $962k | 130k - 210k / $4,170 - $6,730 | 12,080 - 19,510 / $387 - $625 |
| Rawai | Expat hub / long-stay | 5M - 35M / $160k - $1.1M | 110k - 190k / $3,525 - $6,090 | 10,220 - 17,650 / $327 - $566 |
| Nai Harn | Expat hub / family | 7M - 45M / $224k - $1.4M | 120k - 210k / $3,850 - $6,730 | 11,150 - 19,510 / $357 - $625 |
| Kamala | Sea-view / quiet luxury | 7M - 60M / $224k - $1.9M | 150k - 260k / $4,810 - $8,335 | 13,935 - 24,155 / $446 - $774 |
| Surin | Luxury / beach | 8M - 80M / $256k - $2.6M | 180k - 320k / $5,770 - $10,255 | 16,725 - 29,730 / $536 - $953 |
| Bang Tao / Laguna | Luxury / family / schools | 10M - 120M / $321k - $3.8M | 170k - 350k / $5,450 - $11,220 | 15,795 - 32,510 / $506 - $1,042 |
| Pa Khlok (Cape Yamu) | Ultra-luxury / privacy | 12M - 150M / $385k - $4.8M | 140k - 300k / $4,490 - $9,615 | 13,005 - 27,870 / $417 - $893 |
How much more do you pay for properties in Phuket when you include renovation work, taxes, and fees?
When buying property in Phuket in 2026, you should plan to spend about 6% to 10% on top of the agreed purchase price to cover legal fees, transfer taxes, and basic move-in costs.
For a property around $200,000 (about 6.2 million baht), you would typically add 370,000 to 620,000 baht ($12,000 to $20,000) for legal work, land office fees, and light refresh costs, bringing your total to roughly $212,000 to $220,000.
For a property around $500,000 (about 15.6 million baht), expect to add 940,000 to 1.6 million baht ($30,000 to $51,000) for due diligence, minor upgrades, and transfer costs, which means a total outlay of around $530,000 to $551,000.
For a property around $1,000,000 (about 31.2 million baht), you should budget an additional 2.5 million to 6 million baht ($80,000 to $192,000) for surveys, legal work, and renovation contingencies, putting your all-in cost between $1.08 million and $1.19 million.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Phuket.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Phuket
| Expense | Category | Estimated Cost and Explanation |
|---|---|---|
| Transfer registration fee | Fees | Usually 2% of the appraised value, but can be reduced to 0.01% during government promotion periods. Check current policies at the time of purchase as these reductions are temporary. |
| Mortgage registration fee | Fees | Normally 1% of the loan amount if you're financing. This can also be reduced to 0.01% during promotional periods. Cash buyers don't pay this fee. |
| Stamp duty | Tax | 0.5% of the registered value when applicable. This is typically paid instead of the Specific Business Tax, depending on how long the seller has owned the property. |
| Specific Business Tax (SBT) | Tax | 3.3% of the sale price or appraised value (whichever is higher). This applies when the seller has owned the property for less than five years. It's usually the seller's responsibility, but it can affect negotiations. |
| Legal and conveyancing fees | Professional | 80,000 to 250,000 baht ($2,600 to $8,000). This covers contract review, title searches, due diligence, and representation at the land office. More complex deals cost more. |
| Condo sinking fund | Building | Varies by project, typically 400 to 800 baht per sqm as a one-time payment. This covers major repairs and building maintenance reserves. |
| Condo common area fees | Building | Ongoing monthly fees, usually 40 to 80 baht per sqm per month. Higher for luxury projects with more amenities like pools, gyms, and security. |
| Light renovation | Renovation | 8,000 to 25,000 baht per sqm ($256 to $801 per sqm). This covers painting, minor repairs, appliance updates, and cosmetic improvements for move-in readiness. |
| Full renovation | Renovation | 25,000 to 60,000 baht per sqm ($801 to $1,923 per sqm). This includes kitchen and bathroom remodels, structural changes, and complete interior redesign for older villas. |
We made this infographic to show you how property prices in Thailand compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Phuket in 2026 with different budgets?
With $100,000 (about 3.1 million baht) as of January 2026, you can find an older studio condo of 28 to 35 sqm in Phuket Town, a small 1-bedroom of 35 to 40 sqm in Kathu in an older building, or a compact studio in Chalong that's inland but offers more space for the money.
With $200,000 (about 6.2 million baht), you can get a 1-bedroom condo of 40 to 50 sqm in good condition in Kathu, a studio or 1-bedroom of 35 to 45 sqm in Patong without sea views, or a small 2-bedroom of 55 to 65 sqm in a family-oriented Phuket Town development.
With $300,000 (about 9.4 million baht), you can buy a 2-bedroom condo of 60 to 75 sqm in the expat-friendly Rawai area, a 1 to 2-bedroom condo of 50 to 70 sqm near Karon beach in an existing building, or a small 2-bedroom pool villa with 90 to 120 sqm built area in Chalong.
With $500,000 (about 15.6 million baht), you can purchase a 3-bedroom pool villa with 160 to 220 sqm built area in Chalong, a 2-bedroom condo with partial sea views of 90 to 120 sqm in the Kamala hills, or a larger 2 to 3-bedroom condo of 110 to 150 sqm close to Kata or Karon beach.
With $1,000,000 (about 31.2 million baht), you can afford a 4-bedroom family pool villa with 250 to 350 sqm built area in a Bang Tao gated community, a modern 3 to 4-bedroom pool villa in the Rawai or Nai Harn rental zone, or a large branded-style condo of 150 to 220 sqm with premium facilities in Surin or Kamala.
With $2,000,000 (about 62.4 million baht), there is definitely a market at this level in Phuket, and you can buy a new 5-bedroom sea-view pool villa in Bang Tao on a premium land plot, an ultra-luxury villa in the Cape Yamu area with privacy and estate-style grounds, or a trophy penthouse condo with panoramic sea views in Kamala or Surin.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Phuket.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Phuket, we always rely on the strongest methodology we can, and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source Name | Why It's Authoritative | How We Used It |
|---|---|---|
| FazWaz Thailand | FazWaz is a large, established property marketplace that publishes transparent listing-based medians and averages for Phuket. | We used it for the headline median sale price, median price per sqm, and the average price by unit size data. We used those figures to compute practical ranges and currency conversions. |
| Knight Frank Thailand Research | Knight Frank is a global real estate consultancy that publishes formal research reports with market-wide metrics for Phuket. | We used it to anchor price per sqm for condos at around 140,000 baht and to confirm the direction of recent price changes. We also used their villa price span data and high-demand zone analysis. |
| Bank of Thailand (Property Price Index) | Thailand's central bank publishes official property price indices built from mortgage loan data and hedonic methods. | We used it to describe the broader South region trend as a proxy for Phuket direction. We referenced the latest index through October 2025 to explain recent momentum. |
| Bank of Thailand (FX Rates) | The Bank of Thailand is the official central bank providing the reference exchange rate for the Thai baht. | We used the late December 2025 rate of 1 USD = 31.2 THB for all dollar conversions throughout this article. |
| European Central Bank | The ECB publishes official reference exchange rates that are widely used for euro conversions. | We used the late December 2025 rate of 1 EUR = 36.6 THB for all euro conversions to maintain consistency. |
| CBRE Thailand (Phuket Guide) | CBRE is a major global real estate services firm providing authoritative market guidance for Phuket. | We used it to sanity-check condo price-per-sqm bands for quality projects at 100,000 to 180,000 baht. We used this to define entry, mid, and prime price categories. |
| C9 Hotelworks | C9 is a specialist regional research house that publishes quantified Phuket supply and demand snapshots. | We used it for the property type supply breakdown showing condos dominating the market. We also referenced it to explain buyer negotiating leverage in certain segments. |
| HLB Thailand | HLB is a professional services firm that summarizes Thai ministerial regulations and statutory fee baselines. | We used it to describe how transfer and mortgage registration fees work and when they can be temporarily reduced. We used this to build realistic all-in cost examples. |
| Siam Legal | Siam Legal is a long-established Thai legal practice that documents common statutory taxes and fees with worked examples. | We used it to explain the role of Specific Business Tax at 3.3% versus stamp duty. We used their guidance to structure the taxes and fees checklist. |
| Royal Thai Government Portal | The official Thai government portal provides authoritative information on regulations and policies affecting property. | We referenced government announcements to confirm current fee reduction policies. We cross-checked regulatory information against commercial sources. |
| NESDC Thailand | The National Economic and Social Development Council publishes official economic data including inflation figures. | We used inflation data to calculate real price changes over time. We referenced their economic outlook reports for context on market conditions. |
| Numbeo | Numbeo aggregates crowdsourced cost of living and property data from cities worldwide including Phuket. | We used it as a secondary reference to cross-check rental yields and living costs. We compared their property price ranges against primary sources. |
| DDProperty Thailand | DDProperty is one of Thailand's largest property listing portals with extensive Phuket inventory. | We cross-referenced listing prices and neighborhood trends against FazWaz data. We used it to verify the range of available properties at different price points. |
| Colliers Thailand Research | Colliers is a global real estate services company that publishes regular market research on Thai property. | We used their research to validate macro trends in the Thai property market. We referenced their commentary on buyer demand patterns and market outlook. |
| JLL Thailand | JLL is a major commercial real estate firm that tracks residential market trends in Thailand. | We referenced their market updates for context on investment flows into Phuket. We used their analysis to understand foreign buyer activity. |
| Bloomberg Asia | Bloomberg provides financial news and data including coverage of Southeast Asian property markets. | We used Bloomberg for context on Thai economic conditions affecting property. We referenced their reporting on foreign investment trends. |
| Bangkok Post Property | The Bangkok Post is Thailand's major English-language newspaper with dedicated property market coverage. | We referenced their reporting on market conditions and policy changes. We used their coverage to verify recent market developments. |
| The Nation Thailand | The Nation is a leading Thai news outlet with regular property market reporting. | We used their coverage to cross-check market trends and policy updates. We referenced their analysis of buyer demographics. |
| Tourism Authority of Thailand | TAT publishes official tourism statistics that directly impact Phuket's property and rental markets. | We used tourism data to contextualize rental demand in key areas. We referenced visitor statistics to explain neighborhood pricing dynamics. |
| Phuket Provincial Government | The official Phuket provincial government provides local regulatory and development information. | We referenced local development plans and zoning information. We used official announcements to understand infrastructure projects affecting property values. |
| Thai Visa Forum (Property) | Long-running expat forum with extensive real-world property buying experiences in Phuket. | We used it to understand practical buying experiences and common issues. We referenced discussions to validate transaction cost estimates. |
| Phuket Gazette | The Phuket Gazette is the island's main English-language news source covering local property developments. | We referenced their coverage of local market conditions and new projects. We used their reporting to verify neighborhood characteristics. |
| Statista (Thailand Real Estate) | Statista aggregates property market statistics from multiple research sources for Thailand. | We used their data compilations to cross-verify market size and growth trends. We referenced their charts for long-term price trajectory context. |
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