Phuket, Thailand Buyers Guide 2025: Is Phuket's Condo Market the Hottest Real Estate Investment Right Now?

For those keeping an eye on Thailand’s property market, Phuket’s residential sector is proving to be quite the golden goose this year. With strong rental yields soaring past 10%, it’s no wonder investors are flocking to the island. The influx of foreign buyers, particularly during the high season, has turbocharged the condo market, with developers launching new projects at a rapid pace. Prime areas like Bang Tao and Laguna Phuket are experiencing a surge in demand, with one-bedroom units (50-60 square meters) generating monthly rents between 50,000 and 60,000 Thai Baht. These returns aren’t just promising; they’re surpassing the once-popular guaranteed return schemes, indicating some seismic shifts in the market landscape.

Why Condo Rent in Phuket Is Gaining Attention Amidst Soaring Rental Yields

When a property market consistently delivers rental returns exceeding 10%, it doesn’t take a real estate guru to realize that something significant is at play. The reason behind this uptick? Phuket’s appeal to foreign buyers has never been stronger. The island’s pristine beaches, expanding infrastructure, and growing reputation as a lifestyle and business hub have fueled demand. But let’s get one thing straight—this isn’t just about tourists looking for a swanky place to stay for a few weeks. We’re talking about long-term tenants, digital nomads, and expatriates who are keen on calling Phuket home.

The condo market has been particularly active, with developers rushing to meet demand. Unlike in years past when buyers were drawn to properties offering guaranteed rental returns, investors today are prioritizing real market-driven rental yields. This is a shift worth noting. While guaranteed return schemes were once a major selling point, the numbers now speak for themselves—real rental returns are outperforming the fixed percentages offered by developers. That’s the kind of real estate math that gets investors excited.

In areas like Bang Tao and Laguna Phuket, the demand for one-bedroom condos has hit a sweet spot. With sizes ranging between 50 to 60 square meters, these units are pulling in monthly rents that make them some of the most lucrative rental properties in the region. Compared to previous years, when returns hovered around 5-7%, hitting the double-digit mark has solidified Phuket’s status as a prime investment destination. The market’s movement is drawing in buyers who previously might have considered other Thai hotspots like Bangkok or Pattaya.

Phuket’s High Rental Yields: What Does This Mean for Those Looking for a Condo Rent in Phuket?

If you’re in the market for a condo rent in Phuket, you might wonder what these booming rental yields mean for you. The condo sector is dominating the rental scene, attracting long-term expatriates and digital nomads looking for flexible living arrangements. With rising demand and steady appreciation in rental prices, condos in Phuket are proving to be a solid investment choice.

For those who prefer high-end living, luxury condos in sought-after areas like Surin, Kamala, and Nai Harn continue to attract tenants willing to pay a premium for privacy, amenities, and ocean views. Whether you’re considering a condo for steady rental returns or a lifestyle upgrade, Phuket’s real estate market is proving to be a solid bet.

Looking at the bigger picture, the fact that Phuket’s rental yields are outpacing previous return schemes is a game-changer. Investors who once relied on guaranteed rental income from developers are now finding more security in actual market-driven figures. And let’s not forget the broader implications—this shift signals increased confidence in Phuket’s organic rental demand, driven by strong tourism, expat relocation, and evolving lifestyle trends.

For those considering entering the market, it’s clear that Phuket isn’t just a picturesque holiday destination anymore. It’s a dynamic real estate market where well-positioned investments can yield impressive returns. The question is no longer whether Phuket is a viable investment destination—it’s how to navigate this fast-moving market to find the best opportunities. Whether it’s securing a condo rent in Phuket for investment purposes or personal use, the key takeaway is that Phuket’s property market is one worth watching closely this year.