The Andaman Sea and the bays of Kata Noi, Kata and Karon seen from Karon Viewpoint, Phuket

Buyer’s guide · Updated October 2026

Best Areas to Buy Property in Phuket

Where to buy in Phuket in 2026 as an investor or owner-occupier: indicative condo and villa prices per m², typical gross rental yields, the tenure foreigners can hold and the pros and cons of twelve areas, from Bang Tao and Layan to Phuket Town and Mai Khao.

Kata and Karon bays from Karon Viewpoint

TL;DR

What are the best areas to buy property in Phuket?

For most buyers in 2026, the best areas to buy property in Phuket are Bang Tao, Laguna and Layan for resale depth and capital growth, Kata, Karon and Patong for holiday-rental condos, and Rawai, Nai Harn and Cherng Talay for long-term lets. Condos average roughly ฿125,000–160,000 per m²; gross yields typically run 4–7%.

Updated on 30 October 2026

Price ranges are our synthesis of the latest published market research — Knight Frank Thailand’s year-end 2025 review, C9 Hotelworks’ May 2025 market update and CBRE’s H2 2025 figures — cross-checked with developer asking prices in October 2026. Yields are indicative gross figures. None of these numbers is a valuation; we review this guide at least every six months.

median condo price per m² (C9 Hotelworks, 2025)
฿144k
median villa price per m² (C9 Hotelworks, 2025)
฿70k
typical gross rental yield, depending on area
4–7%
of a condo building’s floor area can be foreign freehold
49%

There is no single best area: the right one depends on whether you buy for capital growth, rental income, your own use or a mix. Prices per m² vary more than threefold across the island, from Thai-market condos in Phuket Town to branded beachfront units in Bang Tao, and the best-yielding areas are rarely the ones with the strongest long-term price growth.

This guide is written for buyers and investors. If you are choosing where to live — schools, commutes, hospitals and rents — read our companion guide on the best areas to live in Phuket first, then come back here to compare prices, yields and what you can legally own.

Comparison

Phuket areas compared: prices, yields and tenure

The table compares twelve buying areas on indicative 2025–2026 prices per m² for condos and villas, typical gross rental yields, the tenure foreigners mostly hold and the buyer each area suits. West-coast beach areas cost the most; Phuket Town, Chalong and inland Thalang offer the lowest entry prices.

AreaCondo, ฿ per m²Villa, ฿ per m² builtGross yieldTenure mostly availableBest for
Bang Tao & Laguna฿110,000–280,000฿90,000–200,0005–7%Freehold condos; leasehold villasManaged rentals, resale depth
Layan฿150,000–200,000฿120,000–250,0004–6%Leasehold villas; few freehold condosLuxury villas, capital preservation
Cherng Talay & Pasak฿90,000–130,000฿60,000–110,0005–6%Leasehold villas; freehold condosFamily villas let long term
Surin & Kamala฿120,000–190,000฿120,000–250,0004–6%Freehold condos; leasehold villasSea-view homes, holiday use
Patong฿90,000–170,000฿70,000–130,0006–8%Freehold condosLicensed holiday rentals
Kata & Karon฿95,000–150,000฿70,000–150,0005–7%Freehold condosHoliday-rental condos
Rawai & Nai Harn฿75,000–120,000฿55,000–110,0005–6%Freehold condos; leasehold villasLong-stay lets, retirement
Chalong฿60,000–90,000฿45,000–80,0005–6%Leasehold villas; freehold condosValue villas let long term
Phuket Town฿50,000–90,000฿35,000–70,0004–6%Freehold condos (quota permitting)Low entry price, local tenants
Cape YamuFew condos฿120,000–250,0003–5%Leasehold villasTrophy homes, privacy
Mai Khao & Nai Yang฿70,000–110,000฿50,000–100,0004–6%Freehold condos; leasehold villasEarly-stage growth bet
Thalang (inland)Few condos฿40,000–80,0004–6%Leasehold villasAffordable new villas

How to read the table: condo prices are per m² of saleable area for typical new and resale units; villa prices are per m² of built area with the land included, which is why villas can look cheaper per m² than condos. C9 Hotelworks measured the same pattern island-wide in 2025, with a condo median of ฿144,000 per m² against ฿70,000 for villas. Yields are gross — before management, common fees, maintenance, vacancy and tax — and assume competent management.

Ranges are wide because each area mixes very different products: a resale studio in an older building and a branded penthouse in the same subdistrict can differ by a factor of three. Use the ranges to compare areas, then value a specific unit on recent comparable sales in the same building or estate.

Prices per m²

How much does property cost per m² in each Phuket area?

Indicatively, condos range from about ฿50,000–90,000 per m² in Phuket Town to ฿110,000–280,000 in Bang Tao and Laguna, where branded projects lift the average. Knight Frank put Phuket’s 2025 condo average at ฿125,000–160,000 per m², with Bang Tao near ฿283,975, Layan ฿197,000 and Kamala ฿182,375.

Condo price per m² by area (indicative, 2025–2026)Thai baht per m² of saleable area
Condo price per m² by area (indicative, 2025–2026)Indicative condominium prices per square metre in ten Phuket areas, from ฿50,000–90,000 in Phuket Town to ฿110,000–280,000 in Bang Tao and Laguna.Bang Tao & Laguna฿110,000–280,000Layan฿150,000–200,000Cherng Talay & Pasak฿90,000–130,000Surin & Kamala฿120,000–190,000Patong฿90,000–170,000Kata & Karon฿95,000–150,000Rawai & Nai Harn฿75,000–120,000Chalong฿60,000–90,000Phuket Town฿50,000–90,000Mai Khao & Nai Yang฿70,000–110,000฿0k฿100k฿200k฿300k
Condo price per m² by area (indicative, 2025–2026)
AreaCondo price per m²
Bang Tao & Laguna฿110,000–280,000
Layan฿150,000–200,000
Cherng Talay & Pasak฿90,000–130,000
Surin & Kamala฿120,000–190,000
Patong฿90,000–170,000
Kata & Karon฿95,000–150,000
Rawai & Nai Harn฿75,000–120,000
Chalong฿60,000–90,000
Phuket Town฿50,000–90,000
Mai Khao & Nai Yang฿70,000–110,000

Source: Empire Estates synthesis of Knight Frank Thailand (year-end 2025), C9 Hotelworks (May 2025), CBRE (H2 2025) and developer asking prices (October 2026). Indicative only; branded and beachfront units sit at the top of each range or above it.

Villa price per m² of built area by area (indicative, 2025–2026)Thai baht per m² of built area, land included
Villa price per m² of built area by area (indicative, 2025–2026)Indicative villa prices per square metre of built area in twelve Phuket areas, from ฿35,000–70,000 in Phuket Town to ฿120,000–250,000 in Layan, Surin and Kamala, and Cape Yamu.Bang Tao & Laguna฿90,000–200,000Layan฿120,000–250,000Cherng Talay & Pasak฿60,000–110,000Surin & Kamala฿120,000–250,000Patong฿70,000–130,000Kata & Karon฿70,000–150,000Rawai & Nai Harn฿55,000–110,000Chalong฿45,000–80,000Phuket Town฿35,000–70,000Cape Yamu฿120,000–250,000Mai Khao & Nai Yang฿50,000–100,000Thalang (inland)฿40,000–80,000฿0k฿100k฿200k฿300k
Villa price per m² of built area by area (indicative, 2025–2026)
AreaVilla price per m²
Bang Tao & Laguna฿90,000–200,000
Layan฿120,000–250,000
Cherng Talay & Pasak฿60,000–110,000
Surin & Kamala฿120,000–250,000
Patong฿70,000–130,000
Kata & Karon฿70,000–150,000
Rawai & Nai Harn฿55,000–110,000
Chalong฿45,000–80,000
Phuket Town฿35,000–70,000
Cape Yamu฿120,000–250,000
Mai Khao & Nai Yang฿50,000–100,000
Thalang (inland)฿40,000–80,000

Source: Empire Estates synthesis of C9 Hotelworks (May 2025: villa median ฿70,000/m², branded villas ฿162,000/m²), Knight Frank Thailand (year-end 2025) and developer asking prices (October 2026). Indicative only; trophy villas exceed these ranges.

The published research agrees on the hierarchy even when the figures differ. Knight Frank’s highest averages reflect new launches, many of them branded; C9 Hotelworks found branded condos selling for about ฿181,000 per m² against ฿141,000 for non-branded units, and new non-branded condos about 39% dearer than comparable resales (฿139,000 against ฿100,000 per m²). A well-bought resale is therefore often the better value in the same area.

For villas, the price per unit matters as much as the price per m². CBRE reports that the mid-range segment (฿15–35 million) accounted for the largest share of villa launches in H2 2025, while Knight Frank’s 2025 averages for new villas in Layan, Bang Tao and Kamala — about ฿285.0, ฿255.8 and ฿234.3 million per unit — describe the ultra-luxury end, not the typical buyer’s budget.

By goal

Which area is best for capital growth, rental yield or your own use?

Buy in supply-constrained west-coast areas such as Layan, Bang Tao, Surin and Kamala for capital preservation; in Patong, Kata and Karon for holiday-rental income; in Rawai, Nai Harn, Chalong and Cherng Talay for steady long-term lets; and in Phuket Town or Thalang for the lowest entry price.

Capital growth

Layan, Bang Tao, Surin, Kamala, Cape Yamu

Limited beachfront and sea-view land supports long-term values. Knight Frank expects west-coast land prices to keep rising in 2026. Yields are lower and entry prices high, so buy quality and plan to hold.

Holiday-rental yield

Patong, Kata, Karon, Bang Tao

The deepest nightly-rental demand on the island, but only for licensed or compliant buildings: letting for less than 30 days generally needs a hotel licence. Income is seasonal and management takes 20–30% of revenue.

Long-term lets

Rawai, Nai Harn, Chalong, Cherng Talay

Families, long-stay expats and remote workers sign 6–12-month leases. Gross yields of about 5–6% are lower than the holiday-rental headline but more stable, with lighter management.

Lowest entry price

Phuket Town, Chalong, Thalang

Condos from roughly ฿50,000 per m² in town and new villas from about ฿40,000 per m² built inland. Demand is mainly local or long-term, and capital growth has historically been slower than on the coast.

Own use first

Choose the lifestyle, then the building

If you will live in the property most of the year, start from schools, commute and daily life — see our guide to the best areas to live in Phuket — and treat rental income as a bonus.

North-west coast

Bang Tao, Laguna, Layan and Cherng Talay: is the north-west coast worth it?

Yes for most investors: the Cherng Talay subdistrict is Phuket’s most liquid market. Knight Frank counted Bang Tao at 32.7% of condo units sold in 2025 and Cherng Talay at 19.9% of villa sales. The catch is competition — Bang Tao also took 30.8% of new condo launches — so pricing and product matter.

Condos ฿110,000–280,000/m²

Bang Tao & Laguna

Buyer profile: investors wanting a hotel-managed rental programme, and families near the Laguna Phuket resort, Boat Avenue and the international schools. Pros: the deepest resale and rental market, international brands, 8 km of beach. Cons: heavy new supply, peak-hour traffic on the Bang Tao roads, and branded prices that rents do not always justify. Gross yield: about 5–7%.

Villas ฿120,000–250,000/m²

Layan

Buyer profile: high-net-worth owners seeking a quiet, low-density villa next to Sirinat National Park. Pros: scarcity, privacy, the highest average villa prices on the island in 2025 per Knight Frank. Cons: few condos, slow resale at the top end, and land-title scrutiny near the national park — the Supreme Court has ruled 178 rai of Layan beachfront to be public land. Gross yield: about 4–6%.

Villas ฿60,000–110,000/m²

Cherng Talay & Pasak

Buyer profile: owner-occupiers and investors buying 3–4-bedroom pool villas for families who rent long term near the schools. Pros: mid-range prices a few minutes from Bang Tao beach, strong year-round tenant demand. Cons: construction everywhere, competing new estates, no beachfront and some low roads that flood briefly after heavy rain. Gross yield: about 5–6%.

Watch the supply pipeline

CBRE expects 11,247 condo units to complete across Phuket in 2026 and many off-plan buyers to resell at handover. In Bang Tao, a resale in a completed building with a rental track record is often a safer buy than another off-plan launch at a launch premium.

West coast

Surin, Kamala and Patong: sea views versus rental volume

Surin and Kamala suit buyers who want a sea-view home with holiday-rental potential: Knight Frank put Kamala’s 2025 condo average at about ฿182,375 per m². Patong is the opposite trade — lower prices per m² and the island’s busiest rental demand, but more noise, older stock and stricter scrutiny of short-term letting.

Condos ฿120,000–190,000/m²

Surin & Kamala

Buyer profile: European and Australian owners using the home part of the year and letting it the rest. Pros: some of the island’s best beaches, the headland villas of “Millionaire’s Mile”, an established community; Kamala took 9.4% of condo sales in 2025. Cons: hillside building limits above 80 m, steep access roads, limited land and a quieter low season. Gross yield: about 4–6%.

Condos ฿90,000–170,000/m²

Patong

Buyer profile: yield-focused investors buying compact units in licensed or hotel-managed buildings. Pros: the highest tourist density on the island and the strongest occupancy for nightly rentals; gross yields of about 6–8% in good buildings. Cons: letting for less than 30 days needs a hotel licence, many older condo-hotels resell slowly, and nightlife noise limits the owner-occupier market.

Why buyers choose the west coast

  • Beaches, sunsets and the strongest international brand presence
  • Deepest pool of foreign resale buyers
  • Land scarcity supports long-term values (Knight Frank, 2026 outlook)

What to weigh up

  • Highest prices per m² and service charges
  • Seasonal rental income, softer from May to October
  • Hillside, coastal and national-park rules restrict building and can affect titles

South

Kata, Karon, Rawai, Nai Harn and Chalong: the south for yield and long stays

The south offers lower prices than Bang Tao for similar beach access. Kata and Karon suit holiday-rental condos — Karon took 17.9% of 2025 condo sales — while Rawai, Nai Harn and Chalong suit long-stay lets and retirees, with condos from about ฿60,000–120,000 per m² and villas from about ฿45,000 per m² built.

Condos ฿95,000–150,000/m²

Kata & Karon

Buyer profile: investors wanting a holiday-rental condo at a lower price than Bang Tao, and families who like quieter beaches. Pros: strong family tourism, sea views from the hills, gross yields of about 5–7%. Cons: Karon accounted for 21.1% of new condo launches in 2025, so competition for tenants and resale buyers is rising; hill roads and parking are tight.

Villas ฿55,000–110,000/m²

Rawai & Nai Harn

Buyer profile: long-stay expats, retirees and investors letting to them on 6–12-month leases. Pros: an established international community, Nai Harn beach and lake, steady demand all year; gross yields of about 5–6%. Cons: about an hour from the airport, Rawai took 15.6% of new condo supply in 2025, and prime Nai Harn land is scarce.

Villas ฿45,000–80,000/m²

Chalong

Buyer profile: value buyers and landlords targeting families and professionals who work on the island. Pros: some of the lowest villa prices in the south, close to Phuket Town, schools and the Chalong marina; gross yields of about 5–6%. Cons: no swimming beach, traffic around the Chalong circle, and slower capital growth than the beach areas.

East & north

Phuket Town, Cape Yamu, Mai Khao, Nai Yang and Thalang: value and long-term bets

These areas split into two very different bets. Phuket Town, Thalang and Mai Khao offer the island’s lowest entry prices and room to grow, helped by infrastructure plans in the north. Cape Yamu is the opposite: a small ultra-luxury villa market where privacy and scarcity, not yield, drive value.

Condos ฿50,000–90,000/m²

Phuket Town

Buyer profile: budget buyers and landlords letting to Thai and expat professionals, students and medical staff. Pros: the lowest condo prices, year-round local demand, hospitals, malls and the Old Town. Cons: little holiday-rental demand, the foreign quota can be full in Thai-market buildings, and price growth has been modest. Gross yield: about 4–6%.

Villas ฿120,000–250,000/m²

Cape Yamu

Buyer profile: owners of trophy homes who want privacy and Phang Nga Bay views. Pros: genuine scarcity on a small peninsula, gated estates. Cons: a thin, slow resale market, few condos, low rental yields of about 3–5%, and land-title checks are essential: titles on the cape have been investigated since 2024.

Condos ฿70,000–110,000/m²

Mai Khao & Nai Yang

Buyer profile: investors taking an early position in the north, often in hotel-branded condos. Pros: lower prices, Phuket’s longest beach, minutes from the airport; Knight Frank expects infrastructure and the proposed Phang Nga airport to support the north. Cons: quiet low season, aircraft noise near Nai Yang, and national-park boundaries to verify. Gross yield: about 4–6%.

Villas ฿40,000–80,000/m²

Thalang (inland)

Buyer profile: families and investors buying new pool villas at the lowest prices on the island. Pros: larger plots, near international schools and the airport; Thalang took 17.8% of new villa launches in 2025. Cons: no beach, mostly long-term rental demand, and many competing new estates. Gross yield: about 4–6%.

Tenure & checks

What can a foreigner own in each area, and what should you check?

In every area, foreigners can own a condo unit freehold within the 49% foreign quota of the building, paid with funds brought in from abroad. Villas and houses are bought on a registered land lease of up to 30 years, with the house owned through a superficies. Check title, quota, permits and legal rental use before paying a deposit.

PropertyWhat a foreigner can holdWhere it is commonWatch out for
Condo unitFreehold in your own name, within 49% of the building’s total unit area (Condominium Act s.19 bis), with funds documented by an FET formBang Tao, Kata, Karon, Patong, Kamala, Rawai, Phuket Town, Mai KhaoQuota already full in popular buildings; leasehold units sold as “freehold”
Villa or houseThe building (via purchase or superficies) plus a registered land lease of up to 30 years (Civil and Commercial Code s.540)Layan, Cherng Talay, Laguna, Rawai, Nai Harn, Cape Yamu, ThalangRenewal options are not guaranteed: the Supreme Court has struck down automatic long-term renewals
LandNo ownership (Land Code s.86); s.96 bis needs a ฿40 million investment and approvalNot available in practiceNominee companies are illegal and the subject of a 2026 crackdown
  1. Step 1

    Count the competing supply

    Ask how many units are for sale or completing nearby. With 11,247 condo units due to complete island-wide in 2026 (CBRE), resale prices in oversupplied buildings can lag.

  2. Step 2

    Check the title and the quota

    Land under a villa should be on a Chanote; for a condo, ask the juristic person for a letter confirming foreign quota is available for your unit.

  3. Step 3

    Confirm legal rental use

    Letting for less than 30 days generally needs a hotel licence, and many condo regulations forbid it. Read the building rules before you rely on nightly income.

  4. Step 4

    Model net, not gross, yield

    Deduct management (20–30% for short-term letting), common fees, maintenance, furnishing, vacancy and tax. A 7% gross yield often lands near 4% net.

  5. Step 5

    Check hillside and park limits

    Above 80 m, on steep slopes or near Sirinat National Park, building rights and even titles can be restricted. Ask a lawyer and surveyor for villa plots.

  6. Step 6

    Visit in the rainy season

    Drive the access road after heavy rain between May and October and look for drainage problems, landslips and building sites next door.

  7. Step 7

    Plan your exit

    Check resale comparables in the same building or estate, the years left on any lease, and whether foreign quota would be available to your buyer.

Our condo foreign quota guide explains the 49% rule and the FET form, our leasehold vs freehold guide explains lease terms and renewals, and our due diligence guide lists the documents an independent Thai lawyer should check before you sign.

With Empire Estates

How we help you choose where to buy

Based in Cherng Talay since 2021, our team shortlists two or three areas that fit your budget and goal, shows you comparable resale and new-build prices, and builds a realistic net-yield estimate before you commit. For legal checks we introduce independent Thai lawyers who work for you, not for the seller.

Area shortlist

Two or three areas matched to your goal: growth, yield, long-term letting or your own use.

Real comparables

Resale and new-build prices per m² in the same building or estate, not brochure figures.

Net-yield estimate

Rent, occupancy, management, fees and tax modelled honestly, with our property management team’s input.

Independent checks

Introductions to Thai lawyers and surveyors for title, quota, permits and lease terms.

This guide is general information, not investment, legal or tax advice. Prices per m² are indicative ranges compiled by Empire Estates from published 2025–2026 market research (Knight Frank Thailand, C9 Hotelworks, CBRE) and developer asking prices; they are not valuations, and individual units can sit well outside them. Yields are indicative gross figures and are not guaranteed. Rules reflect Thai law as we understand it on 30 October 2026. Always have an independent Thai lawyer check a specific property before you commit.

FAQ

Buying property in Phuket by area — your questions

Short answers to what buyers and investors ask us most.

For a balance of rental demand and resale liquidity, Bang Tao and Laguna lead: Knight Frank counted Bang Tao at 32.7% of Phuket condo sales in 2025. Kata, Karon and Patong suit holiday-rental condos, Rawai, Nai Harn and Cherng Talay suit long-term lets, and Layan, Surin and Kamala suit buyers focused on long-term value.
Knight Frank put average condo selling prices at about ฿125,000–160,000 per m² in 2025, and C9 Hotelworks measured a median of ฿144,000. Indicatively, prices run from ฿50,000–90,000 per m² in Phuket Town to ฿110,000–280,000 in Bang Tao and Laguna, where branded projects sit at the top.
Patong typically shows the highest gross yields, about 6–8% for well-managed units in licensed buildings, followed by Kata, Karon and Bang Tao at about 5–7%. These are gross figures before management, fees, vacancy and tax, and nightly letting under 30 days generally needs a hotel licence.
Phuket Town has the lowest condo prices, indicatively about ฿50,000–90,000 per m², and inland Thalang and Chalong have the cheapest villas, from about ฿40,000–80,000 and ฿45,000–80,000 per m² built. Demand there is mainly from long-term and local tenants rather than holidaymakers.
Yes, the rules are the same island-wide. A foreigner can own a condo unit freehold within the 49% foreign quota of each building, with funds transferred from abroad, and can hold a villa through a registered land lease of up to 30 years plus ownership of the building. Foreigners cannot own land.
Bang Tao attracts the most new projects — 30.8% of Phuket’s new condo launches in 2025, according to Knight Frank — and CBRE expects 11,247 condo units to complete island-wide in 2026. Demand is also the strongest, but buy at a realistic price, favour completed buildings with a rental track record and avoid paying a launch premium.
A condo can be owned freehold, is easier to manage and resell, and suits holiday letting in Patong, Kata, Karon or Bang Tao. A villa captures land value and premium family rents, but is held on a leasehold and needs more management. Many investors start with a condo and buy a villa later for their own use.

Talk to a local expert

Not sure which area fits your budget?

Tell us your budget, your goal and how often you will use the property. We will shortlist two or three areas, show you real comparable prices and a realistic net-yield estimate, and arrange viewings in each.

Explore each area

Area guides and property for sale by area

Each area guide covers prices, rents and current listings; the listing pages show what is for sale today.

Sources

The market research, legal texts and reports behind the figures in this guide (checked 30 October 2026). Area price ranges are our synthesis of these sources and of developer asking prices; English translations of Thai statutes are unofficial and the Thai text prevails.

  1. Phuket Villa & Condominium Market, Year-End 2025 — Knight Frank Thailand (prices per m², sales and launches by area)
  2. Phuket Property Market Update, May 2025 — C9 Hotelworks (condo and villa medians per m², Q1 2025 data)
  3. Phuket Overall Figures, H2 2025 — CBRE Thailand (supply pipeline and villa price segments)
  4. Phuket rental yield and price index — Layan Real Estate (developer starting prices by area, October 2026)
  5. Gross rental yields in Thailand (Phuket apartments) — Global Property Guide
  6. Inheritance of condominium units by foreigners (Condominium Act ss.19 and 19 bis) — Tilleke & Gibbins
  7. Civil and Commercial Code, section 540 (maximum lease term) — Thai Law Online (unofficial translation)
  8. Thai Supreme Court strikes down automatic long-term lease renewals — Addleshaw Goddard
  9. Land Code B.E. 2497 (sections 86 and 96 bis) — FAOLEX / FAO
  10. Layan beachfront land ruled public — DSI site visit — Department of Special Investigation (DSI) (April 2022)
  11. Phuket land inquiry at Cape Yamu — Khaosod English (March 2024)
  12. Thailand moves to force sales of 2,360 land plots held through nominees — Emerhub (October 2026)

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