Beachfront & luxury condos for sale in Phuket

Yes, under Thai law, foreigners can purchase freehold condos in buildings where at least 51% of units are Thai-owned. Alternatively, 30-year renewable leaseholds are available for 100% foreign-owned projects.

Budget-friendly options start at $80,000-$100,000 for studios in Phuket Town. Beachfront units typically begin at $250,000.

• Transfer Fee: 2% of appraised value
• Stamp Duty: 0.5% (if applicable)
• Withholding Tax: 1% for companies

Most Thai banks require 50% downpayment from foreigners. Better terms are available through international banks like UOB or HSBC (30-40% down, 3.5-5% interest).

Beachfront condos in Patong/Karon yield 6-8% annually. Example: A $300K 1-bedroom generates $1,800-$2,400/month in peak season.

Average marketing time is 3-9 months. Priced-to-sell units in prime locations (e.g., The Base Condo) often sell within 45 days.

• Chanote (Land Title Deed)
• Building Permit
• Foreign Quota Certificate
• Past 3 Years Meeting Minutes

Structural changes require juristic approval. Most complexes allow interior updates. Budget $10,000-$25,000 for premium renovations.

Fees range $1.50-$4.50/m²/month. Luxury projects include security, pool maintenance, and gym access.

Areas near Patong Beach saw 12% price growth in 2023. Post-pandemic recovery boosted demand – airport arrivals increased 135% YoY (2022-2023).

A ฿10M ($275K) condo qualifies for the 5-year Elite Visa. Our agents help select Elite-approved developments