Yes, foreigners can legally purchase condominiums in Phuket with freehold ownership, provided that no more than 49% of the total project is foreign-owned. For land or villas, foreigners typically buy through long-term leasehold agreements or set up a Thai company to hold the land.

Foreigners can directly own condominiums in their name. For land or standalone villas, they typically use 30-year renewable leasehold contracts or Thai companies.

Prices vary widely. Condos start around THB 2–5 million, while luxury villas can exceed THB 30 million. Location, view, and developer reputation significantly influence pricing.

Yes. Phuket offers high rental yields, especially in tourist-heavy areas. Properties in beachside locations often see 5–8% rental ROI annually, plus potential long-term capital appreciation.

When buying, expect transfer fees (2%), business tax (3.3% if selling within 5 years), and stamp duty (0.5%). These are usually split between buyer and seller, but this can be negotiated.

Buying property alone doesn’t grant a visa, but Thailand Elite Visa programs offer long-stay options for property investors. Some developers also bundle visa perks for high-end projects.

Work with a licensed agent like Reloc8 Phuket, conduct full due diligence, verify land title deeds, and hire a reputable lawyer to review contracts before signing anything.

Freehold gives full ownership (available for condos only to foreigners), while leasehold means long-term rental rights (typically 30 years, renewable). Villas are usually sold as leasehold to foreigners.