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04 Jul 2025
Real Estate & Home Buying

Buying Property in Phuket as a Foreigner: 2025 Guide to Legal Ownership, Costs & Locations

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Buying Property in Phuket as a Foreigner: 2025 Guide to Legal Ownership, Costs & Locations

Why Phuket Is a Top Destination for Foreign Property Buyers

Phuket, Thailand’s largest island, remains a leading destination for foreigners seeking tropical living, investment potential, or retirement homes. With modern infrastructure, international schools, quality healthcare, and a vibrant property market, the island combines lifestyle with long-term value.

If you're considering buying property in Phuket, understanding the legal landscape, cost structure, and high-demand locations is critical—especially in 2025.

Can Foreigners Legally Own Property in Phuket?

This is one of the most frequent questions we receive at C21Hero. The short answer is yes—but with certain limitations.

What Foreigners Can Own

  • Condominiums: Foreigners can legally own a condo unit in their name, provided that foreign ownership does not exceed 49% of the building.

  • Buildings: Foreigners can own the physical structure (house or villa), but not the land underneath it.

What Foreigners Cannot Own Directly

  • Land: Foreigners are not permitted to own land in their own name under Thai law.

Legal Options for Owning Property

To navigate Thai property law, here are the most common legal strategies available to foreigners:

1. Condominium Freehold Ownership

The most straightforward path. Ensure the condo unit is within the legal foreign ownership quota and properly registered.

2. Leasehold Agreements

Lease land for up to 30 years, typically with the option to renew twice (total of 90 years). This is a common and accepted solution for villa ownership.

3. Thai Company Ownership

Forming a Thai Limited Company is another method, though it requires proper structuring and compliance with Thai corporate law.

4. Thai Spouse Ownership

If married to a Thai national, foreigners may have property registered in the spouse’s name, subject to specific legal documentation.

2025 Property Prices in Phuket

Here is a general overview of Phuket’s current property prices for 2025, by location and property type:

Area Condo Price (per sqm) Villa Price Range
Patong THB 100,000 – 160,000 THB 15M+
Kamala THB 90,000 – 140,000 THB 18M+
Rawai / Nai Harn THB 80,000 – 120,000 THB 10M – 25M
Cherng Talay THB 110,000 – 180,000 THB 20M+
Phuket Town THB 70,000 – 100,000 THB 7M – 15M

Properties closer to the beach tend to command premium pricing, while inland locations offer better value and more land for your investment.

Additional Costs and Legal Fees

When buying property in Phuket, it’s important to budget for the following additional expenses:

  • Transfer Fee: 2% of the appraised value (shared or buyer-paid depending on agreement)

  • Stamp Duty / Business Tax: 0.5% to 3.3% depending on seller status and ownership duration

  • Withholding Tax: Typically 1% of the declared value

  • Legal Fees: THB 30,000 – THB 100,000 depending on complexity

  • Common Area Fees (condos): THB 30–60 per sqm per month

Best Locations to Buy Property in Phuket (2025 Hotspots)

Kamala & Surin

Known for upscale developments, sea views, and close access to beach clubs and wellness resorts.

Bang Tao & Cherng Talay

An investor favorite due to the Laguna complex, Boat Avenue, and high-yield rental potential.

Rawai & Nai Harn

Popular among families and retirees. Offers a quieter lifestyle with modern amenities.

Patong

The tourism hub of Phuket. High rental demand, though competition is fierce and prices are higher.

Why Choose C21Hero

At Century 21 Hero, we are more than just real estate agents—we are your partners in property. Our bilingual team helps foreigners navigate the Thai market safely and confidently.

We offer:

  • Vetted listings with legal due diligence

  • Transparent pricing and buyer representation

  • Full legal support and title verification

  • Personalized property tours and remote consultations

Whether you’re looking for a holiday condo, an investment villa, or long-term residence, we’re here to guide you every step of the way.

Explore our listings: HERE

Contact Us

Have questions or ready to start your property search?

Final Thoughts

Buying property in Phuket as a foreigner is achievable with the right knowledge, legal approach, and trusted partners. As 2025 unfolds, market demand continues to rise, making this a strong year to invest in Thai real estate.

Whether you're relocating, retiring, or diversifying your investment portfolio, Phuket offers unmatched value—and C21Hero is here to help you secure your ideal property.