Phuket’s property market is one to watch, particularly for those who are looking to buy a home or to invest in property in Thailand. However, it’s not a decision that you can simply rush into – but requires careful consideration. For example: what are the best areas to buy property in Phuket in 2022? In this article, we’re going to do some digging for your convenience.

RawaiRawai is a real breath of fresh air for tourism, shaded by towering pine trees and defined by reputable cafes, restaurants, and cultural diversity. You can find everything you need here from supermarkets and grocery stores, making it a comfortable location for living.

As for the property market in Rawai, it continues to exceed expectation in terms of varied choice for condos and villas. There are many properties ready to sell on the market today and this neighbourhood in particular is a great place to look for investment property in Rawai.

Average prices range from 3.2 mil THB for a luxury condominium to some 98 mil THB for a large six-bed villa boasting sea views.

Nai YangNai Yang is a glorious location where the skies are clear and the bright sunshine blesses the white-sand beaches. Nai Yang is arguably one of Phuket’s best areas for quality living. This place is popular among those who love a quiet life away from the hustle and bustle of Thailand’s city vibes. Soothing scenes littered with emerald green pine trees that line the beach make it an easy location to fall in love with.

Most buyers dream about purchasing property close to the beach and Nai Yang’s property market has plenty to offer on a number of delightful beaches, offering potential buyers an idyllic coastal lifestyle.

Average prices start at 3.2 mil THB for new condos, all the way up to 38 mil THB for large 4-bed villas with landscaped gardens.

CherngtalayCherngtalay is a highly desired area in Phuket and with good reason too. For one, there are many tourism facilities and amenities available, including high-class restaurants and family-friendly spots, beautiful beach clubs, and a golf course! Cherngtalay is located comfortably close to some of the most beautiful beaches that Phuket has to offer and provides a gorgeous neighbourhood for residents to live in and explore.

The property market in Cherngtalay has always been great for investment opportunities and new homes alike. There are tonnes of condos and villas available on the market for purchase. The prices range anywhere from 2 mil THB for a condo, all the way up to 247 mil THB for a lavishly sophisticated villa overlooking a private beach!

LayanLayan lies nestled gently in the lush green hills and glorious white-sand beaches. This area has evolved into a wonderful and vibrant neighbourhood over the years offering residents high-end dining, premium venues, and a selection of quality lifestyle destinations. Yes, there are many tourist attractions nearby, but the area remains charmingly quiet and peaceful.

Layan is the one to watch in Phuket’s property market with a great many new developments and attractive resales on the horizon.

Average property prices come in at around 3.6 million THB, going all the way up to 60 mil THB.

KamalaKamala provides a seriously good living environment, not to mention some of the finest entertainment and cuisine that the island has to offer. If you love facilities and a thriving nightlife (without being too immersed in the madness), then Kamala is the spot for you. It’s a busy place that has plenty of privacy available.

Kamala could be considered to be one of the most in-demand markets in Phuket for both home buyers and property investors alike over recent years.

In Kamala prices average from 3.3 million THB for condos, all the way up to a staggering 282 mill for mega luxury villas with unparalleled ocean views. See property for sale in Kamala here.

PatongPatong is world-renowned as being on of Phuket’s premium commercial districts. This area boasts a great beach and a truly one-of-a-kind nightlife scene that attracts holidaymakers from all over the world, each year. Here you will find everything from delicious gastro cuisine (with impressive variety), fiendish nightclubs, classy shopping spots, and all sorts of other enticing things to see, taste and try. What it lacks in peace and quiet, it makes up for in energy and colour!

Fortunately, there are plenty of spacious and resort-style condos and villas for sale in Patong with sea views and plenty of peace and quiet. You’ll be looking at anywhere from 90 million THB, upwards of 90 million THB for a luxury sea-view villa.

KataKata is popular among locals and tourists alike. With plenty of new cafes and restaurants opening all the time, you’ll never be short of things to taste and try! There is a great surfing community in Kata which is constantly adding to the economic vitality of the neighbourhood. This gorgeous beach provides a tranquil setting for a laid-back way of life.

In the property market, Kata is certainly up and coming and has a number of choice options available. The fact is, there’s something to suit everyone, so you’ll be certain to find anything. Prices start from 2.9 mil THB, upwards of 165 mil THB for an oceanfront, pool villa. Check out a full selection of condos and villas for sale at Kata Beach.

KaronKaron provides residents the ideal blend of a healthy work/life balance. Being just 20-mins away from Patong and Chalong, you’re never too far away from the action. Karon boasts white sandy beaches and a friendly neighbourhood that’s all about embracing the beautiful outdoors – of which Phuket has plenty of. From walks on the beach, volleyball sessions, or feasting with friends and family, you’ll never be short of things to do.

Karon is a great area that offers the “whole package” $which is something that attracts investors and home buyers alike. You can get your hands on some quality real estate in Karon, ranging from 3.7 mil THB, upwards of 19 mil THB.

PaklokPaklok is a gorgeous suburb and remains one of Phuket’s most desirable locations to live. This offers a more refined lifestyle, with an attractive blend of countryside and spectacular beaches, including a host of convenient facilities. This is one of those great locations where you can be well away from the hustle and bustle, whilst being conveniently close to all of the key amenities that one could want and need.

As for stylish family living, you needn’t look any further. Prices are a little dearer than most areas in Phuket, starting from 5.4 million THB, and going up to 519 mil THB and beyond for an unimaginably beautiful villa.

Should I buy a condo or a villa?
As with anything there are pros and cons to buying both condos and villas. Here’s what to consider before rushing in and making a final decision:

Condos:

Condos are typically less expensive than villas
Condos have fewer maintenance and repair obligations than villas
Condos are great for beginner investors
Condos tend to be located closer to urban centers and facilities (restaurants and bars etc.)
Condos tend to be easier to fill with tenants than villas

Villas:

Villas provide more luxury
Villas have some land which is an advantage
Villas tend to provide much longer tenancies than condos
Villas go up in value – some believe more than condos
Villas do require you to handle exterior issues and maintenance

Am I better off with a new development or a resale?
Choosing between new developments and resales is dependent on a variety of things, namely your investment objectives, how much money you have available, and your taste. Here are the pros and cons of buying new developments Vs. resale to give you a clearer idea and help you with the decision making process.

New developments:

New developments provide recent safety standards
New devs provide advanced construction
New devs tend to be energy-efficient
New devs are more up-to-date in terms of space usage and design
Building materials are newer
Everything will be clean and unused
Not all of the required amenities may be available if the area is up and coming
Move in dates may be delayed due to construction inconveniences, etc.

Resales:

Resales can often be significantly cheaper
Resales occur in established neighborhoods with key amenities
Resales tend to be ready to move into
Prices are often negotiable on resales
Materials in resales may be old and need replacing
You will need to hire a professional property inspector before making your purchase

Conclusion
And that about sums it up! There are many amazing areas in Phuket, each of which have their own unique fingerprint. The trick is to get out there and explore many of these areas yourself to figure out which will provide you with the desired lifestyle you are after. Following that, browse the many amazing properties available for sale and go from there.