AG Tropical | Phuket Property Real Estate And Condominium For Sale and Rent

Property Buyer's Tips

From basic apartments to excessive luxury villas, Phuket has something for everyone. Phuket is Asia's major resort island with beautiful beaches, spectacular diving, first-class resorts, spas, golf courses, yacht marinas, fine restaurants, vibrant nightlife and excellent shopping. The island has a modern infrastructure, with international hospitals, schools and sports facilities. Phuket sees one of the fastest growing property markets in the world with a growing amount of quality projects by international real estate developers.

Why Buy Property in Phuket?

Many reasons make Phuket island an attractive location for your permanent base, holiday home or place to spend your retirement.

Foreign Ownership

If you are considering buying property, the first thing you should know is that under Thai law, foreigners are not allowed to own land. However, foreign nationals do have the right to the wnership of buildings distinct from the land such as condominiums.

Thailand Land Title

As a buyer you need to be aware of the various land title deeds which exist to understand what you are being offered. A large percentage of the land in Phuket is not titled or even properly surveyed.

Land Units

Thailand has its very own units of measurements when dealing with land, which can be a little confusing at first. The units you will come across most often are talang wah and rai. Talang means squared, so 1 talang mett is 1 sqm.

Property Taxes & Fees

Taxes and fees is something that is not always mentioned when buying property and you could get a nasty surprise a couple of months after making your purchase in the form of a massive tax bill.

FAQ

When buying Phuket real estate it is imperative to be aware of the type of title deed of the land plot.