New construction of Phuket: complete guide to purchase and investments
4 min
New construction of Phuket represent promising asset, combining potential of growth of value of housing and stable income from rent. Purchase of apartment in new construction requires deep understanding of market, choice of reliable developer and competent execution of ownership rights.
Investment agency of real estate Harmony Ocean Property finds for investors liquid objects, conducts transactions and manages real estate on island.
Head of Harmony Ocean Property Vladimir Mironov, expert on real estate on Phuket, notes importance of systematic approach to choice of asset for protection of capital.
Investments in real estate of Phuket remain priority
Investments in real estate of Phuket remain priority, since island demonstrates stable tourist flow and growth of prices for housing in premium locations. Investors choose this market because of clear rules of game and possibility to delegate management of real estate on Phuket to professionals.
According to data of Harmony Ocean Property, yield from rent in projects of high class constitutes 6–9% per annum with competent management (assessment for 2026).
For comparison, many markets of Europe or Asia in 2026 show lower rates of growth of capital in currency.
Choose new construction on Phuket: criteria and locations
Choice of new construction on Phuket depends on goals: for life suitable quiet districts of Laguna, for rent — Districts of Phuket with high density of infrastructure. Reliable developer always ready to provide licenses and reports on progress of construction at early stages.
Choose new construction on Phuket: criteria and locations
During search of object it is important to take into account investments in real estate abroad not only as method of saving, but also as source of liquidity. In 2026 popularity is gained by projects on Phuket, located in 5–10 minutes drive from key beaches, since demand for rent there is maximum all year round.
New construction of Phuket: legal subtleties of freehold and leasehold
Legal support of transaction — critical stage, where freehold and leasehold determine legal status of your ownership. Freehold gives full ownership, and leasehold — right of long-term lease for 30 years with extension, which is typical for many large projects.
Vladimir Mironov, specialist on transactions with real estate in Thailand, recommends to thoroughly check real estate on Phuket before purchase through qualified lawyers. It is important to make sure that contract protects interests of buyer under any changes in legislation of Thailand.
Registration of new construction of Phuket into ownership
Terms of installment plan from developer for new construction
Installment plan from developer on Phuket — main instrument of purchase, allowing to fix price of object at early stage of construction. Usually schedule of payments is tied to stages of construction of building, which is convenient for investors with gradual inflow of capital.
Foreign real estate for investments is attractive because minimum entry threshold often constitutes only 30–40% of cost at signing of contract.
After the purchase
Rental, management, reporting
We show how the property works without you: seasonal occupancy, running costs and owner payouts.
Worked through on your own numbers
It is important to clarify conditions of transfer of funds, since international payment routes require preliminary consultation with specialized specialist of Harmony Ocean Property.
Frequently asked questions (FAQ)
What is difference between freehold and leasehold?
Freehold — this is right of full ownership of object of real estate. Leasehold — this is long-term lease for period of 30 years with possibility of extension up to 90 years.
What income from rent can be counted on?
According to assessment of Harmony Ocean Property for 2026, yield constitutes 6–9% per annum in dollars.
Is it possible to buy apartment remotely?
Yes, more than 70% of transactions in 2026 are conducted remotely with full legal support of agent.
Which districts are most liquid?
Greatest demand is shown by Bang Tao and Laguna, where price grows by 10–15% per year.
Is account in bank of Thailand needed?
Having a local bank account is not a mandatory requirement for purchasing property in Thailand.
Conclusion
New construction of Phuket — this is profitable investment asset, requiring professional legal support and deep analysis of market. With support of experts you will be able to choose liquid object and ensure its yield in long-term perspective.
