Project Blog

 Real estate prices in Thailand are relatively low compared to other popular global resorts. Small apartments in aparthotels or condominiums in Phuket can be found for $100,000 to $150,000, and villas start at $350,000. It’s best to discuss specific examples with a real estate agent to get a more accurate idea of prices.

This article is for those considering what to do after purchasing property in Phuket. Should you manage the property yourself, sign a contract with a hotel operator, or hand it over to a real estate agency?

Today, let's discuss what costs you might encounter when buying property in Thailand and how to calculate them correctly to avoid any unpleasant surprises. Understanding all potential expenses is key to a successful purchase.

The Phuket real estate market has seen significant changes over the past eight years. Previously, small property management companies and private owners dominated the market, renting out apartments through personal connections, social networks, or aggregators.

Phuket remains one of the most attractive resort destinations for real estate investment. In early 2024, the real estate market on the island showed impressive results: more than 3.6 million tourists visited in the first quarter, a 30% increase compared to the same period last year. By the end of the year, tourism revenues are expected to exceed 400 billion baht, approximately 12 billion USD. These numbers highlight the incredible potential for hotel and rental property owners.

Investing in professionally managed real estate in Phuket allows you to calculate profits decades in advance, based on offers from developers and hotel operators. This provides a significant advantage for investors.

In Thailand, there are two main forms of property ownership: freehold and leasehold. Freehold is perpetual ownership, similar to what exists in most other countries. When you purchase a property under freehold, you become its full owner with no time limitations. This is a popular option for long-term property use, especially among Thai citizens.

Investing in villas in Thailand is not just a profitable decision but also a strategic move for those seeking affordable housing with high return potential. Thailand, particularly the island of Phuket, stands out as one of the most attractive locations for real estate investment.