Penthouses for sale in Phuket

Penthouse in Phuket for investment

To date, thousands of foreign entrepreneurs have invested in penthouses in Phuket for profit or permanent residence. This island has made Thailand one of the most visited countries in the world. Here, you can find everything you need for a good holiday - from the picturesque sandy beaches of Bang Tao to the vibrant parties of Patong. Because of the tourist demand, large developers have designed various leisure and recreation facilities in Phuket.

The combination of developed infrastructure and natural beauty leaves entrepreneurs no choice but to invest in local penthouses. The island is considered a gem in the real estate market in Thailand. Experts suggest that in a couple of years the country's economic situation will return to pre-pandemic levels, so investing in Phuket today is a great way to save money and significantly increase income in the nearest future.

Penthouse prices in Phuket, Thailand

Many factors affect the final cost of a penthouse. You can get acquainted with its features in the following table:

A selection of the best offers from reliable real estate agencies in Thailand with current prices in euros, and dollars can be found in the catalog on the site.

Sale of penthouses to foreigners

Before purchasing  a luxury penthouse in Phuket with a sea-view, the main task for foreign buyers is to familiarize themselves with the laws of the country. Although the Thai government encourages foreign investment, there are strict rules that prohibit citizens of other countries from owning land.

There are two options to solve this problem:

1. Conclusion of a long-term lease agreement (up to 30 years) with the possibility of an additional extension.
2. Establishment of a limited liability company that can own real estate on behalf of a foreigner.

Lifestyle in Phuket

Before buying a penthouse in Phuket, check out some interesting facts about life on this island:

1. Most of the locals ride motorcycles. This is a more convenient and budget-friendly option compared to a personal car.
2. Every year, Phuket holds a vegetarian festival that lasts 9 days. The purpose of this event is to pay homage to the nine god-emperors by practicing abstinence from animal products.
3. On the island, you can meet street vendors selling gasoline in whiskey bottles. Their main customers are motorcycle drivers who live far from gas stations.

We will help you buy a penthouse in Phuket

Houses in Thailand are ideal investment properties. Contact our specialists today to find a Phuket penthouse at a bargain price.