Buying real estate in Phuket?

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How much will you pay for an apartment in Phuket today? (2026)

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As of June 2026, a normal apartment in Phuket costs around 6.5-7.5 million THB, which is about 198,000-229,000 USD or 173,000-199,000 EUR, while the most useful working price per square meter is around 135,000-145,000 THB, or about 4,100-4,400 USD and 3,600-3,900 EUR.

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We constantly update this blog post so the numbers stay useful for buyers looking at Phuket apartments in 2026.

Phuket is not a cheap island anymore, but apartment prices still change a lot between Kathu, Phuket Town, Rawai, Patong, Kamala, Bang Tao and Laguna.

The important point is simple: in Phuket in 2026, the “average apartment price” can be misleading because luxury beach projects pull the number up.

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

  • A realistic Phuket apartment benchmark in June 2026 is about 144,000 THB/m², but Kathu can still be below 90,000 THB/m² and prime Bang Tao can exceed 200,000 THB/m².
  • The typical serious buyer budget for a Phuket apartment in 2026 is closer to 7.5 million THB than to the luxury prices seen in Laguna and Kamala.
  • New Phuket apartments often cost about 35-45% more than resale apartments, so resale can be the easier way to avoid overpaying in 2026.
  • Bang Tao, Cherng Talay and Laguna are expensive because they combine beach access, schools, restaurants, retail, resorts and strong foreign-buyer liquidity.
  • Rawai and Nai Harn are not the cheapest areas in Phuket, but they can offer better long-stay demand than tourist-only buildings in weaker locations.
  • Kathu, Wichit and Phuket Town are still the best areas for first-time buyers who want lower apartment prices and year-round local demand.
  • A foreign buyer should usually think in cash, because normal Thai mortgage access remains limited for many non-resident buyers in 2026.
  • For a 7.5 million THB Phuket apartment, a safe all-in budget is often closer to 8.1-8.3 million THB after fees, legal work, setup costs and furniture.
  • Phuket’s apartment market is active, but the supply risk is real, especially for generic off-plan projects with weak management or unclear tenant demand.
photo of expert attaya suriyawonghae

Fact-checked and reviewed by our local expert

✓✓✓

Attaya Suriyawonghae 🇹🇭

Real Estate Broker, Zest Real Estate

Attaya is a certified Thai Real Estate Broker who knows the Phuket market inside and out. With years of experience, she can guide you through the intricacies of the island's vibrant real estate scene, whether you're seeking a luxurious beachfront villa or a high-growth investment opportunity. After speaking with her, we reviewed the blog post, corrected a few points, expanded on others, and added her personal experience.

How much do apartments really cost in Phuket in 2026?

What's the average and median apartment price in Phuket in 2026?

As of June 2026, a realistic median apartment price in Phuket is around 7.5 million THB, or about 229,000 USD and 199,000 EUR, while the average listed Phuket apartment is often closer to 8-9 million THB, or about 244,000-274,000 USD and 213,000-239,000 EUR.

For price per square meter, the most useful Phuket apartment benchmark in 2026 is around 135,000-145,000 THB/m², or about 4,100-4,400 USD and 3,600-3,900 EUR, which is around 12,500-13,500 THB/ft², or about 380-410 USD and 330-360 EUR per square foot.

In practical terms, most standard Phuket apartments in 2026 sit between 3.0 million and 13.0 million THB, or about 91,000-396,000 USD and 80,000-346,000 EUR, with beach, branded and sea-view projects sitting much higher.

Sources and methodology: we compared C9 Hotelworks, FazWaz and Bank of Thailand. We used C9’s per-square-meter benchmarks and FazWaz’s 2026 buyer-budget data. We also checked private listings and our own Phuket pricing model.

How much is a studio apartment in Phuket in 2026?

As of June 2026, a normal studio apartment in Phuket costs about 3.2-4.2 million THB, or about 98,000-128,000 USD and 85,000-112,000 EUR.

For more detail, entry-level to mid-range Phuket studios usually cost 1.8-4.2 million THB, or about 55,000-128,000 USD and 48,000-112,000 EUR, while high-end studios in Patong, Kata, Karon, Kamala, Bang Tao or Laguna can reach 4.5-6.0 million THB, or about 137,000-183,000 USD and 120,000-160,000 EUR.

Most studio apartments in Phuket are around 25-35 m², so a buyer should be careful with very small “investment” studios that look cheap but rent poorly outside high-demand tourist zones.

Sources and methodology: we used C9 Hotelworks, Varsovia Estate and FazWaz. We multiplied normal studio sizes by Phuket area price bands. We then adjusted for beach premiums and current listing evidence.

How much is a one-bedroom apartment in Phuket in 2026?

As of June 2026, a typical one-bedroom apartment in Phuket costs about 5.0-7.0 million THB, or about 152,000-213,000 USD and 133,000-186,000 EUR.

More affordable one-bedroom apartments in Kathu, Wichit, Phuket Town and Chalong usually cost 3.0-4.8 million THB, or about 91,000-146,000 USD and 80,000-128,000 EUR, while stronger beach-area or resort-area units often cost 6.0-10.0 million THB, or about 183,000-305,000 USD and 160,000-266,000 EUR.

Most one-bedroom apartments in Phuket are around 35-45 m², and that size usually works better for resale than very compact units built only for short-stay rental returns.

Sources and methodology: we checked C9 Hotelworks, Colliers and CBRE. We used normal unit sizes and current area premiums. We also compared demand depth in beach and inland locations.

How much is a two-bedroom apartment in Phuket in 2026?

As of June 2026, a typical two-bedroom apartment in Phuket costs about 9.0-13.0 million THB, or about 274,000-396,000 USD and 239,000-346,000 EUR.

Good-value two-bedroom apartments in Chalong, Wichit, Kathu and parts of Rawai can still cost 5.5-8.5 million THB, or about 168,000-259,000 USD and 146,000-226,000 EUR, while beach and resort zones such as Bang Tao, Laguna, Surin, Kamala, Kata and Karon often cost 12.0-25.0 million THB, or about 366,000-762,000 USD and 319,000-665,000 EUR.

By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Phuket.

Sources and methodology: we compared C9 Hotelworks, CBRE and Varsovia Estate. We used 60-75 m² as the normal two-bedroom range. We adjusted upward for sea views, branded management and west-coast locations.

How much is a three-bedroom apartment in Phuket in 2026?

As of June 2026, a practical three-bedroom apartment in Phuket usually costs about 10.0-16.0 million THB, or about 305,000-488,000 USD and 266,000-426,000 EUR.

Entry-level to mid-range three-bedroom apartments in Phuket Town, Chalong, Wichit and Rawai usually cost 10.0-16.0 million THB, while high-end three-bedroom apartments in Bang Tao, Laguna, Kamala, Surin and Kata often cost 18.0-35.0 million THB, or about 549,000-1.07 million USD and 479,000-931,000 EUR.

Most three-bedroom apartments in Phuket are around 90-140 m², and the biggest price jumps usually come from sea views, low-density buildings, larger terraces and branded resort management.

Sources and methodology: we used Colliers, CBRE and C9 Hotelworks. We separated family apartments from luxury resort residences. We also checked how scarcity affects large-unit pricing in Phuket.

What's the price gap between new and resale apartments in Phuket in 2026?

As of June 2026, new apartments in Phuket are usually about 35-45% more expensive than comparable resale apartments, and branded new stock can be roughly 80% above ordinary resale stock.

A useful new-build benchmark in Phuket is about 139,000 THB/m² for non-branded new condos, or about 4,200 USD and 3,700 EUR per m², while branded new condos can reach around 181,000 THB/m², or about 5,500 USD and 4,800 EUR per m².

For resale apartments in Phuket, a useful working benchmark is around 100,000 THB/m², or about 3,000 USD and 2,700 EUR per m², which is why resale can be attractive when the building is well managed.

Sources and methodology: we used C9 Hotelworks, CBRE and Colliers. We compared branded, non-branded and resale pricing. We then checked whether the gap matched current 2026 area bands.

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Can I afford to buy in Phuket in 2026?

What's the typical total budget (all-in) to buy an apartment in Phuket in 2026?

As of June 2026, a typical all-in budget for a standard Phuket apartment is about 7.8-8.3 million THB, or about 238,000-253,000 USD and 207,000-221,000 EUR, if the purchase price is around 7.5 million THB.

This all-in budget usually includes the apartment price, transfer-fee share, legal checks, foreign exchange paperwork, sinking fund, first-year common-area fees, basic furniture, utility setup and a small safety margin.

We go deeper and try to understand what costs can be avoided or minimized (and how) in our Phuket property pack.

Sources and methodology: we used FazWaz, RealEstateAgentTH and Thai Revenue Department. We added Phuket project-level fees and legal-cost assumptions. We treated seller taxes as separate unless shifted by contract.

What down payment is typical to buy in Phuket in 2026?

As of June 2026, most foreign buyers in Phuket should assume a cash purchase, but if financing is available, a typical down payment is 30-50%, or about 2.25-3.75 million THB on a 7.5 million THB apartment, equal to about 69,000-114,000 USD and 60,000-100,000 EUR.

The minimum down payment for foreign buyers who get financing is often around 30%, because foreigner mortgages in Thailand are selective and often capped around 50-70% loan-to-value.

A safer recommended down payment in Phuket is 40-50%, because it gives the buyer more room for currency changes, furniture, closing costs and lender conditions.

Sources and methodology: we compared Bank of Thailand, RealEstateAgentTH and Phuket foreign-buyer mortgage guides. We separated Thai domestic lending rules from foreign-buyer access. We also included developer payment-plan realities for off-plan condos.

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Which neighborhoods are cheapest or priciest in Phuket in 2026?

How much does the price per m² for apartments vary by neighborhood in Phuket in 2026?

As of June 2026, apartment prices in Phuket range from roughly 55,000 THB/m² in the cheapest practical areas to more than 220,000 THB/m² in the strongest beach and resort zones, or about 1,700-6,700 USD and 1,500-5,900 EUR per m².

The most affordable Phuket apartment areas are Kathu, Phuket Town, Wichit and Chalong, where typical prices are around 55,000-115,000 THB/m², or about 1,700-3,500 USD and 1,500-3,100 EUR per m².

The most expensive Phuket apartment areas are Laguna, prime Bang Tao, Layan, Cherng Talay, Surin and Kamala, where typical prices are around 150,000-220,000 THB/m², or about 4,600-6,700 USD and 4,000-5,900 EUR per m².

Sources and methodology: we compared C9 Hotelworks, Colliers and Varsovia Estate. We grouped areas by buyer depth, beach access and resale liquidity. We also checked live 2026 listing bands by neighborhood.

What neighborhoods are best for first-time buyers on a budget in Phuket in 2026?

As of June 2026, the three best Phuket neighborhoods for first-time buyers on a budget are Kathu, Wichit and Chalong, with Phuket Town also worth checking for local-living apartments.

In these budget-friendly Phuket areas, a realistic apartment budget is about 2.5-5.5 million THB, or about 76,000-168,000 USD and 66,000-146,000 EUR, depending on size, building age and location.

Kathu gives good access to Patong and Central Phuket, Wichit works well for hospitals, malls and local tenants, and Chalong is useful for schools, marinas, gyms and south-island living.

The main trade-off is that these budget areas are usually not walk-to-beach locations, so the buyer must rely more on year-round local demand than on short-stay tourist demand.

Sources and methodology: we used CBRE, Colliers and FazWaz. We ranked areas by price, livability and tenant depth. We avoided areas where cheap pricing came with weak resale logic.

Which neighborhoods have the fastest-rising apartment prices in Phuket in 2026?

As of June 2026, the fastest-rising Phuket apartment areas are Bang Tao, Cherng Talay and Laguna, followed by Layan, Kamala and selected Rawai or Nai Harn pockets.

In these fast-appreciating Phuket areas, realistic year-over-year price growth is roughly 6-12% for strong projects, while weaker or oversupplied projects may see little growth even in the same district.

The main driver is lifestyle demand from foreign buyers who want beach access, restaurants, international schools, wellness services, rental demand and easier resale in one area.

Sources and methodology: we compared Colliers, CBRE and FazWaz. We separated district momentum from individual project quality. We also considered supply risk in new-launch corridors.

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What extra costs will I pay on top of the apartment price in Phuket in 2026?

What are all the buyer closing costs when you buy an apartment in Phuket?

For a typical Phuket apartment purchase in 2026, buyer closing costs often total about 350,000-800,000 THB, or about 11,000-24,000 USD and 9,000-21,000 EUR, on a 7.5 million THB apartment.

The main buyer costs in Phuket are the transfer-fee share, legal due diligence, contract review, FET or foreign exchange paperwork, mortgage registration if financed, sinking fund, common-area fees, utility setup and furniture.

The largest buyer-side cost is often furniture and setup for a new apartment, while the largest official shared cost is usually the transfer fee.

Some Phuket closing costs are negotiable, especially transfer-fee sharing, furniture, developer promotions and who pays certain setup charges, but taxes collected at the Land Office follow fixed rules.

Sources and methodology: we used RealEstateAgentTH, Thai Revenue Department and Forbes and Partners. We counted buyer costs only unless seller costs were contractually shifted. We added Phuket new-condo sinking-fund and furniture assumptions.

On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Phuket?

A cash buyer in Phuket should usually budget 3-5% of the apartment price for a resale unit and 5-7% for a new apartment where sinking fund, advance common fees and furniture are extra.

For most standard Phuket apartment purchases, the realistic low-to-high closing-cost range is about 3-7% of the purchase price, with the lower end more likely on furnished resale units and the higher end more likely on new projects.

We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Phuket.

Sources and methodology: we checked RealEstateAgentTH, Thai Revenue Department and Lex Bangkok. We excluded seller-only taxes from normal buyer costs. We included Phuket-specific setup costs that many first-time buyers forget.

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What are the ongoing monthly and yearly costs of an apartment in Phuket in 2026?

What are typical HOA fees in Phuket right now?

In Phuket, monthly HOA or common-area fees are common in condominium buildings, and a normal one-bedroom apartment usually costs about 1,800-6,400 THB per month, or about 55-195 USD and 48-170 EUR.

Basic Phuket condo buildings often charge around 45-90 THB/m²/month, while resort-style or branded buildings can charge 90-160 THB/m²/month, so a 70 m² two-bedroom can cost about 3,150-11,200 THB per month, or about 96-341 USD and 84-298 EUR.

Sources and methodology: we used C9 Hotelworks, MORE Group and current Phuket condo project fee schedules. We adjusted for pools, lifts, gyms, shuttle services and branded management. We treated special sinking-fund calls separately from normal monthly fees.

What utilities should I budget monthly in Phuket right now?

A typical apartment owner in Phuket should budget about 3,000-6,500 THB per month for utilities in 2026, or about 90-200 USD and 80-175 EUR.

A light-use studio may cost 1,800-3,000 THB per month, or about 55-90 USD and 48-80 EUR, while a two-bedroom apartment with heavy air-conditioning can reach 7,000-12,000 THB per month, or about 213-366 USD and 186-319 EUR.

This normal Phuket utility budget includes electricity, water, internet and basic mobile service, but it does not include cleaning, pool-villa service or short-stay rental management.

Electricity is usually the most expensive utility in Phuket because air-conditioning runs often in hot and humid weather, especially in west-coast and sea-facing buildings.

Sources and methodology: we used Provincial Electricity Authority, CapSolar and current Phuket residential usage assumptions. We used PEA’s May-August 2026 Ft. We then modeled light, normal and heavy air-conditioning use.

How much is property tax on apartments in Phuket?

Annual property tax on a normal Phuket apartment is usually low, and a foreign owner of a 5-10 million THB condo should often expect roughly 1,000-5,000 THB per year, or about 30-150 USD and 25-130 EUR.

Thailand’s land and building tax is calculated from official appraised value and property use, not simply from the asking price you see online.

For most standard Phuket apartments, a realistic annual property-tax range is about 1,000-10,000 THB, or about 30-300 USD and 25-265 EUR, although exact bills depend on the local assessment and use classification.

Sources and methodology: we used Lex Bangkok, RealEstateAgentTH and Thai land-and-building tax guidance. We used appraised-value logic rather than asking prices. We kept the estimate conservative because local bills can vary.

What's the yearly building maintenance cost in Phuket?

A normal apartment owner in Phuket should expect yearly building maintenance through common-area fees of about 30,000-120,000 THB for a one-bedroom, or about 900-3,700 USD and 800-3,200 EUR.

The realistic yearly range is about 30,000-180,000 THB, or about 900-5,500 USD and 800-4,800 EUR, depending on unit size, building age, pool quality, lift maintenance, sea-air exposure and resort-style services.

In Phuket, building maintenance usually covers common security, cleaning, gardens, pools, gyms, lifts, common electricity, management staff and routine repairs.

Most building maintenance is included in the HOA or common-area fee, but sinking-fund top-ups and major repairs can be charged separately when the condominium juristic person needs extra money.

Sources and methodology: we used MORE Group, CBRE and current Phuket condo fee schedules. We modeled annual costs from monthly common fees. We adjusted for humidity, pools, lifts, sea air and rental wear.

How much does home insurance cost in Phuket?

Basic home or contents insurance for a Phuket apartment usually costs about 3,000-10,000 THB per year, or about 90-300 USD and 80-265 EUR.

A broader policy covering contents, liability and interior improvements often costs 8,000-20,000 THB per year, or about 240-610 USD and 210-530 EUR, depending on insured value and rental use.

Home insurance is usually optional for apartment owners in Phuket, but building insurance is normally handled by the condominium juristic person and paid indirectly through common-area fees.

Sources and methodology: we used MORE Group, Phuket Expat Guide and Thailand Condo Shop. We separated contents insurance from building insurance. We adjusted the range for coastal risk, rental use and higher-value interiors.

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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 Why this source is useful How we used it
Bank of Thailand residential property price index Thailand’s central bank publishes official housing price index data. We used it to frame Phuket apartment prices against the wider Thai residential market. We did not use it for Phuket neighborhood prices because it is not a local listing database.
Bank of Thailand daily exchange rates It is the official Thai source for exchange-rate reference data. We used it to convert Thai baht apartment prices into US dollars. We rounded conversions so the article stays easy to read.
Bank of Thailand commercial bank interest-rate page It is the official source for Thai bank rate data. We used it to frame the 2026 financing environment in Thailand. We cross-checked it with foreign-buyer mortgage guides because foreign buyers often face stricter lending rules.
Real Estate Information Center, Government Housing Bank REIC is Thailand’s main public real estate data center. We used REIC-reported figures on Phuket foreign condo transfers and unsold inventory. We used media coverage only when the numbers were clearly attributed to REIC.
Nation Thailand coverage of REIC Phuket inventory It reports REIC figures on Phuket’s unsold residential stock. We used it to include the 10,159 unsold-unit warning in the market-risk view. We treated it as REIC-attributed inventory context, not as direct pricing evidence.
Colliers Phuket Residential Report 2025-2026 Colliers is a major global property consultancy with Thailand coverage. We used it for Phuket’s supply-cycle view and market maturity. We used it to identify areas where new supply is becoming more selective.
C9 Hotelworks Phuket Property Market Update 2025 C9 is a Phuket-based research firm widely cited locally. We used its condo median and new-versus-resale price benchmarks. We also used it to separate branded, non-branded and resale pricing.
CBRE Phuket Overall Figures H2 2025 CBRE is a leading global real estate adviser with Phuket data. We used it to confirm weaker H2 2025 condo launches and future supply risk. We also used its tourism comments to avoid assuming demand is uniformly booming.
FazWaz Phuket Property Market 2026 demand report FazWaz gives live platform demand data from buyers and tenants. We used its 54,628 enquiries and 7.5 million THB median sales-budget signal. We treated it as demand data, not official transaction data.
Varsovia Estate Phuket condo price guide 2026 It gives transparent 2026 Phuket condo price bands by segment. We used it as a secondary check on neighborhood and unit-type price ranges. We did not rely on it alone for any key estimate.
MORE Group Phuket Property Prices 2026 It gives current Phuket area-by-area pricing context. We used it to compare June 2026 neighborhood price bands. We treated it as private-sector market evidence alongside stronger consultancy sources.
Thai Revenue Department, Specific Business Tax It is Thailand’s official tax authority. We used it to verify that real estate transactions can fall under Specific Business Tax. We cross-checked practical rates with legal and transfer-fee guides.
RealEstateAgentTH transfer-fee guide 2026 It explains Thai Land Office transfer costs in plain language. We used it for buyer closing-cost estimates and fee sharing. We cross-checked tax categories against official Revenue Department information.
Forbes and Partners Thailand transfer-cost guide It gives a legal-style breakdown of Thai property transfer costs. We used it to check the range of government fees and taxes. We kept seller taxes separate unless a buyer could pay them by contract.
Provincial Electricity Authority latest Ft PEA is the official electricity authority for Phuket. We used it for current electricity assumptions in June 2026. We combined the Ft with typical Phuket apartment usage patterns.
CapSolar Ft explanation 2026 It explains how Thailand’s Ft charge works for users. We used it to make the electricity section easier to understand. We still treated PEA as the main official rate source.
Lex Bangkok Land and Building Tax guide 2026 It summarizes Thailand’s 2026 land and building tax framework. We used it to estimate annual apartment property tax in 2026. We noted that exact bills depend on local appraised values.
RealEstateAgentTH property tax guide for foreign owners It explains Thai property taxes for non-professional foreign owners. We used it to simplify annual property-tax examples for apartments. We avoided giving tax advice for individual situations.
MORE Group Phuket condo buying guide for foreigners It focuses on foreign buyers of Phuket condos. We used it for practical condo-buying items like quota, sinking fund and HOA costs. We cross-checked legal points against official and legal sources.
MORE Group Phuket property insurance guide It gives current insurance guidance for Phuket property owners. We used it for annual contents and liability insurance ranges. We separated private unit insurance from juristic-person building insurance.
Phuket Expat Guide contents insurance guide It explains insurance costs in Phuket in simple terms. We used it to cross-check contents insurance premiums. We treated it as practical expat guidance, not as an official insurance tariff.
Thailand Condo Shop condo insurance guide It explains condo insurance needs for foreign owners in Thailand. We used it to confirm that building cover usually sits with the juristic person. We used it to clarify what apartment owners may insure separately.

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