Phuket: 8–10% price growth forecast, the strongest in Thailand

Phuket remains Thailand's most dynamic property market: analysts forecast 8–10% annual price growth for 2026, ahead of any other region in the country.

Demand is driven by foreign buyers: the island steadily transfers around 1,000 condominium units to them each year, up 10% year on year. The main source markets are Russia, China, Europe, India and the Middle East.

Villas are outperforming apartments: villa sales rose 12.9% in 2025 while condo demand softened. For foreigners condominiums remain the simplest route — non-Thai buyers may own up to 49% of a building's sellable area.