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Phuket apartments

If you plan on being on Phuket for a month or more, renting an apartment will save you a lot of money while still offering excellent accommodation for your stay. Many people who visit Phuket annually have even chosen to purchase apartments in Phuket and rent them out the rest of the year when they are not on holiday. Small Phuket apartments or condominiums are a good choice for those who won’t be spending much time in Phuket or are not interested in the upkeep of a house or villa. Condominiums and duplexes not as readily available as apartments, but there are some available in Phuket. Apartments in Phuket are plentiful and varied, so there’s sure to be something to suit your taste in terms of design, size, location and price.

Renting an apartment in Phuket

It’s easy to find an apartment rental in Phuket by checking local newspaper listings for the Phuket Post and the Phuket Gazette. You can also view apartments online at various realtors’ sites, including Siam Real Estate.

Apartment rentals can start from a few thousand baht a month for an unfurnished studio in Phuket City all the way up to the tens of thousands for furnished sea views and penthouses in resort complexes. Contracts are usually for long-term rentals of three months or more but you can also find apartments for 1 or 2 months, or even weekly and sometimes daily.

Of course, apartments in residential parts of the island and without a sea view will be much cheaper. It’s best to decide ahead of time what your needs are and how long you will be staying, as well as your budget. For instance, if you are planning on staying long-term, you will probably want a kitchen and may find it cheaper to rent an unfurnished apartment and buy your own furniture.

But, if you are only staying for a short holiday, you will want a place that is fully furnished and caters to a certain level of luxury. If you are not going to hire a motorbike or car, you’ll want to rent an apartment within walking distance of a main road so you can catch a tuk tuk or motorbike taxi.

Buying apartments in Phuket

Foreigners can purchase an apartment or condominium freehold in Phuket if 51 per cent of the units in the building are Thai-owned. If all the freehold apartments available to foreigners have been purchased, you can still lease an apartment for 30 years with two possible 30-year extensions. This makes apartments an ideal choice for those who want to buy something in Phuket, but are not prepared to deal with setting up a company. Additionally, Phuket apartments are more secure and easier to maintain since they don’t include gardens. Many people also enjoy the social life an apartment complex offers through its common areas and facilities.

Apartments in Phuket can range from the very basic to some impressively luxurious abodes with full facilities and property management. The latest trend is towards villa rentals with resort amenities. The buyers of most of these properties are only permitted a 30- or 60-day stay each year (see Phuket Villas), which may suit your needs if you only holiday on the island and want a good return on your investment. Prices of apartments in Phuket can range from a very basic studio apartment in Phuket City for about 1 million baht to opulent apartments in Patong and other popular areas for up to 40 million baht.

Those who are shopping with a view to stay year round will probably want to have a good look at some of the more residential parts of Phuket, such as Chalong, Rawai, Nai Harn, Surin and Bang Tao, as the bright lights and bustle of Patong can lose their thrill quickly. With the endless possibilities on this property-booming island, you need there are plenty of agents advertised in local media and we’ve listed some on the business services page. Try In Phuket Real Estate which offers more detailed information on purchasing an apartment or condominium.