Phuket's real estate market surpasses 1.94 billion baht, yielding an 8% rental yield, surpassing European resort towns.

Sansiri reveals that Phuket's real estate market value has soared to 1.94 billion baht, with sales twice as fast as Bangkok, making it the second fastest-growing market in the country. Sales are twice as rapid as in major Bangkok areas. Meanwhile, net rental yields in the Bang Tao-Cherng Talay area have surged to 6.0% – 8.0%, surpassing world-class resort towns like Saint-Tropez and Monaco. Mega-projects in transportation, education, and healthcare are supporting the city's transition to a fully self-sustaining state.

July 25, 2026 Mr. Phumchai Mathayomphobpinyo, Managing Director of Southern Project Development Business Group, Sansiri Public Company Limited The report reveals the economic structure and growth potential of the real estate market in Phuket, stating that Phuket is currently elevating from a leisure tourist destination to a world-class metropolis fully suited for long-term residency.

Data from the Thailand Real Estate Information and Valuation Center (AREA) indicates that the value of properties currently for sale in Phuket reaches 194 billion baht, making it the second largest real estate market in Thailand. Sales in Phuket are twice as rapid as in prime locations around Bangkok.

Meanwhile, data from CBRE and Knight Frank in the first half of 2026 indicates that the luxury pool villa market experienced 12.9% value growth, driven by genuine residential demand from international buyers, not short-term speculation.

“Phuket’s real estate market is valued at almost 2 billion baht. Sales are faster here than in other places, even faster than in Bangkok, and the growth of luxury villas is quite high.” — Mr. Phumichai Mathayompoppinyo

Boasting a net rental yield of 8%, outperforming Saint-Tropez and Monaco.

In terms of real estate investment, when compared to world-class resort towns and superyacht marinas, premium zones in Phuket, such as Bang Tao and Choeng Thale, can generate a net rental yield of 6.0% to 8.0%.

These statistics are higher than those of leading European resort towns such as Saint-Tropez, France, which yields returns of 3.0% to 4.5%, and Monaco, which yields returns of only 1.5% to 2.5%. This is because European cities have higher land costs and shorter tourist seasons than Phuket, which has a tourist season lasting up to 10 months a year.

Currently, rental prices for beachfront condominiums range from approximately 900 to 1,500 baht per square meter per month, resulting in a rental yield of around 8%, even during the off-season.

“Phuket’s prime zones, such as Bang Tao and Choeng Thale, offer a net rental yield of 6.0% – 8.0%, a figure that significantly outperforms European resort towns like Saint-Tropez or Monaco.” — Mr. Phumichai Mathayompoppinyo

Billions invested in infrastructure - education expands by 51%.

Phuket's key structural drivers stem from both public and private investment. The government has injected over 62 billion baht into land transportation infrastructure, including expressways and the Kathu-Patong tunnel, as well as the Phase 2 expansion of Phuket Airport. This expansion will add seven more aircraft parking bays, increasing passenger capacity from the current 14 million per year to nearly 20 million per year. Currently, the airport handles an average of almost 300 flights per day, connecting 71 cities in 36 countries worldwide, and the tourism sector generates over 500 billion baht annually.

In terms of private sector infrastructure, over 137,000 billion baht has been invested in the expansion of Central Phuket shopping mall, including investments by Siam Piwat. Meanwhile, in the medical sector, mega-projects include Bumrungrad International Hospital Phuket, valued at 4,300 billion baht, with its first phase scheduled to open by the end of next year, as well as the Vachira Phuket Radiation Center, Sirivej Hospital (Prince of Songkla University, Kathu campus), Bangkok Hospital Kamala, and Clinique La Prairie.

Furthermore, the international education market in Phuket has grown by 51 percent over the past three years. Currently, there are 19 international schools, serving over 5,000 international students from more than 50 nationalities. Several new schools are scheduled to open, including NLCS Phuket and Glenalmond Phuket International School (GPIS) in August, as well as King's College in the fourth quarter of this year.

“Phuket has transformed from a tourist destination to a lifestyle destination. It's becoming self-sustaining, with job creation and many new businesses emerging. This allows people to live, work, and thrive here.” — Mr. Phumichai Mathayomphobpinyo

Job creation surges drive proportion of foreign buyers to 70%.

Investment across all sectors, including healthcare, education, and retail, has created a massive number of jobs and led to an influx of workers from Bangkok and surrounding provinces seeking to live and work there. This has resulted in continuous growth in the demand for both renting and purchasing real estate.

The proportion of real estate buyers by location shows that in urban areas or the Kathu district, Thai buyers account for 80% and foreigners 20%, for prices under 10 million baht. However, in beachfront locations with walking distance to the sea, foreign buyers make up as much as 70% and Thai buyers 30%. The starting price for premium single-family homes near the sea is approximately 30 million baht and above.

For foreign buyers, the structure is diverse and not reliant on any single nationality. In addition to Russian buyers, there are also buyers from Mongolia, Poland, France, and the United Kingdom who continuously purchase properties. The company aims for average annual sales of approximately 8,000 billion baht in Phuket.

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