Buy a condo in Phuket is the dream of many people and the offers are comparable to those offered in other resort destinations around the world and for a lower price.
From a cosy studio, a beachfront flat to an exclusive pool penthouse with breathtaking sea views, their outstanding location, prime quality, distinctive features and full facilities let them be a unique home.
Considered the flagship of the Asian hotel complex market, Phuket condo market has developed considerably over the past twenty years, thanks to the growth of its tourism. Property marketis driving the island's infrastructure development.
Many investors buy apartments in Phuket because they offer a combination of western luxury style and an exotic tropical lifestyle with the security of a freehold purchase.
It is one fact that condos in Thailand are an attractive alternative to houses because they can be owned in foreign freehold which means registered on a Foreign name
- Mid-range condos for sale in Phuket cost between 8 to 15 M THB per unit and most of them do not have an ocean view but are located near a beach.
- High-end condos for sale in Phuket cost between 15 and 20 M THB per unit and most of them are located near a beach. High-end condominiums are managed by professional management companies and include shared facilities such as a pool, gym and security 24/7
- Prices for luxury apartments in Phuket are above 20 M THB per unit. They are often located on privileged sites with beautiful unobstructed views and close to a beach.
Low density developments offer a high level of privacy and are managed by professional management companies or international hotel chains.
Communal facilities include a swimming pool, gym, sauna, concierge services, common areas and security. Some luxury condos also have a private pool.
Condos for investment: many developers promote the purchase of an apartment as an investment and offer rental guarantees with usage restrictions for landlords because the units are part of a rental program. The level of guaranteed returns varies from 5 to 8% for a duration of 1 to 7 years and an annual owner use of 30 to 60 days.
