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There are many different types of properties in Phuket and it can often confuse a lot of people when it comes to deciding on which type of property would be ideal. It is important for people to find the right place to live in Phuket.
We have listed a few properties in Phuket that’ll help make your decision a tad bit easier.
Budget Condos
Budget condos are good properties in Phuket for people who just need a place to stay in Phuket. They are usually small and not as fancy as family condos in better areas. But they can still be close to shops or beaches and modern enough to live in or rent out. The real estate market in Phuket have great deal, especially for foreigners with limited money. Some condos on the island have studios or one-bedroom units that cost less than 2 million Thai baht.
Renting Apartments
In Phuket, most new buildings are condos, but some are apartments. While they might seem similar, they have big differences in how they’re built and legally owned. When you buy properties in Phuket, you own it forever, but with apartments, you only lease them. Some foreigners might like apartments because they meet their needs.
Bungalow Homes
The word ‘bungalow’ comes from eastern India. Originally, it meant a small one-story house with a porch. Now, bungalows are popular properties in Phuket. Today, bungalows come in different styles and prices, ranging from 3 to 7 million Thai baht or more. In the past thirty years, more bungalows have been built, mostly in rural areas or near Phuket Town.
Townhouses
Townhouses are common properties in Phuket suburbs and along major roads. They usually have two or more floors and are often called “shophouses” if they face a main road. Shophouses have a shop on the ground floor and living space above.
However, some shophouse areas have too many buildings and not enough people, which can cause problems. Foreigners with Thai spouses or families who want to live near busy areas, might like townhouses. Some new townhouses are stylish and can start at 3 to 4 million Thai baht, while luxury ones in prime areas can cost up to 30 million baht.
Resort-Style Condos
Many foreigners in Phuket buy properties in Phuket like condos, which are often medium to high-end and cost between 3 to 15 million Thai baht, depending on quality and location. These condos usually have amenities like a gym and pool.
Some buyers see them as investments rather than places to live because they offer guaranteed rental income for a few years. So, many owners don’t live in Phuket and visit only sometimes. Sometimes, there are properties in Phuket that are near the beach or larger ones that feel like villas but can still be bought.
Suburban Houses
Housing estates are types of properties in Phuket. Also known as gated communities popular among Thais. They’re usually in areas with more space, away from the coast. Houses there typically have three bedrooms and small gardens, costing between 4 to 7 million Thai baht. There are many housing estates in Phuket that are aimed for the middle-class Thai population, including foreigners with Thai families. Some estates have fewer houses on bigger plots with larger gardens, and prices can start at 10 million baht or more.
Luxury Condos
The real estate market in Phuket are luxury condos for foreigners who can’t own land. These condos have amazing sea views and beautiful features, making them popular among wealthy buyers (with prices over 50 million Thai baht). These spacious condos can feel like villas or have luxurious penthouses with rooftop gardens, terraces, and private pools. They’re often part of resort-style complexes with amenities like gyms, restaurants, and pools.
Living by the Marina
These properties in Phuket attract different kinds of buyers and come in various types like condos, townhouses, and villas, with prices depending on location, type, and size. They’re great for boat owners or those who love the sea, and also for people who like stylish urban living with lots of amenities and close to schools. For example, the Royal Phuket Marina is near the British International School. The marina also offers something unique called the “Aquaminium,” a luxury condo with direct access to a private boat berth.
Villas
Foreigners can own the actual villa itself, but owning the land it sits on fully is rare for foreigners, as it usually requires special circumstances. This rule applies to several properties in Phuket including; estate houses, bungalows, and townhouses.
Villa Estates
These properties in Phuket are usually a few kilometres from the beach and offer good value. They’re often enclosed by walls, away from busy roads, and don’t have great views. They’re well-designed with a courtyard and a private pool.
The quality of materials used might not be as high as in more expensive villas, depending on the developer. Still, they can be a comfortable and affordable option. Prices can start at 7 million baht, and some developers offer rental programs for investors.
High-End Villas
These properties in Phuket are usually near the beach or in tourist areas. They have larger plots and better quality construction, fixtures, and fittings compared to villa estates. They pay more attention to architectural details. For those willing to spend more, high-end villas offer more comfort and space. They’re easy to rent out during the high season and can provide a good return on investment. Some even offer rental programs with guaranteed income. Prices for these villas start at 20 million baht and can go up to 50 million baht.
Luxury Villas and Super Luxury Villas
These properties in Phuket are priced above 50 million baht. They’re located in the best areas, with larger plots and living spaces. They have modern designs, spacious interiors, high ceilings, and best appliances. Ourvillas are often on tropical hillsides with stunning sea views, large gardens, infinity pools, and outdoor dining areas. They offer the highest standards of quality and comfort. While prices start at around 50 million baht, you might also see luxury villas advertised for $10 to $20million.
Explore Phuket & Settle Down!
There are many different properties in Phuket, from luxurious beachfront villas to affordable apartments. The island’s popularity as a tourist destination and its growing infrastructure make it an attractive place for Phuket property listings. However, buyers should consider factors such as location, regulations, and rental income before making a decision.
Frequently Asked Questions
Can foreigners buy houses in Phuket?
Yes, foreigners can buy some types of property in Phuket, like condos, but there are rules for buying land and houses.
Where are the good places to buy property in Phuket?
Good places to buy property in Phuket include Patong, Kata, Karon, Kamala, Bang Tao, and Surin, which have nice beaches and places to live.
Can I let someone rent my property in Phuket?
Yes, you can rent your property in Phuket, but you need to know the rules and taxes for renting.
What do I need to think about before buying property in Phuket?
Before buying, think about where you want to live, what type of property you want, how much money you have, and the rules about buying property in Phuket. It’s also good to talk to experts like real estate agents and lawyers.