Phuket, Thailand
Property prices · 2024 · Asia
Property price trend in Phuket (2024–2026)
Property comparison — cities in Thailand (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Phuket |
|---|---|---|---|---|
| Phuket | THB 95,000 | THB 65,000 | THB 18,000 | — |
| Bangkok | THB 135,000 | THB 72,000 | THB 18,000 | +42.1% |
| Pattaya | THB 75,000 | THB 52,000 | THB 14,000 | -21.1% |
| Chiang Mai | THB 65,000 | THB 45,000 | THB 12,000 | -31.6% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Phuket in 2024?
In Phuket, the average price per sqm in the city centre is THB 95,000, and THB 65,000 outside the centre (2024 data). Prices have risen 7.2% since 2024.
How much is rent in Phuket in 2024?
A 1-bedroom apartment in Phuket rents for approximately THB 18,000 per month in 2024. A 3-bedroom apartment costs around THB 29,000/month.
Is it better to buy or rent in Phuket?
Renting is generally more cost-effective in Phuket. The price-to-rent ratio is 21.0x — it would take approximately 21.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.50%.
What are mortgage rates in Thailand in 2024?
The average mortgage rate in Thailand is approximately 6.50% as of 2024. With a price-to-rent ratio of 21.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Phuket?
The average property price per square metre in Phuket city centre is THB 95,000 in 2024. Outside the centre, expect to pay around THB 65,000/sqm.