Can foreign nationals buy apartments in Patong?

Foreign nationals can buy apartments in Patong, choosing either freehold or leasehold as the form of ownership. Apartment in condominiums can be freehold (fully owned), provided that foreign nationals own no more than 49% of the area in this condominium, or leasehold (rented for long terms). When interested in buying property in Thailand , the foreign investor has two options: having an apartment on leasehold for 30 years (the term can be renewed twice) or purchasing the property through a limited company.

What is the average cost of an apartment in Patong?

The cost of an apartment in Patong ranges from $86,000 to $1,897,000. The average price per square meter in Patong — $3 920. Now we have 6 offers of apartments in Patong.

Why invest in apartments in Patong?

The reasons for investing in apartments in Patong property are the following: Patong being the most popular resort on the island of Phuket, the local accommodation is almost always in high demand. Investors looking to rent out their apartments can benefit from this. Affordable prices for apartments in Patong — demand is constantly high, but prices are not as high as in other tourist destinations in Asia. The proximity of the airport — is only an hour away from Patong.

Can I earn money by renting an apartment in Patong?

Apartments in Patong are in great demand among tourists and buyers. With the year-round tourist season you can have a great rental income. There are many projects with guaranteed returns of 7–10%. Management companies provide full apartment maintenance service. You can also use your apartment as a holiday home for 2–4 weeks a year without losing income.

How long can I rent my apartment out in Patong?

Patong has a year-round tourist season. October through April is the high season without rains, when most tourists arrive. May through September is the low season, which is characterised by short tropical rains, but even during this time the air temperature does not drop below 30 degrees.

Can foreigners take out a mortgage to buy an apartment in Patong?

Thai banks do not provide mortgage loans for the purchase of apartments in Patong for non-residents. Moreover, foreign nationals can´t get a bank loan for any purpose.

Can foreigners obtain Thai citizenship through an apartment purchase in Patong?

Permanent residents can apply for citizenship. Thailand citizenship allows you to buy apartments in Patong, own any business and apply for any kind of job. You can apply for Thai citizenship: residence in Thailand for at least five years; permanent employment; to be married to a citizen of this country; your baby was born in Thailand. Children born to parents with Thai citizenship automatically get citizenship regardless of where they were born. In order to obtain Thai citizenship, you must renounce your current nationality.

6 Apartments for Sale in Patong from 86,000$

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Furnished apartments in a new residential complex just 150 m from Patong Beach, Thailand for From $276,000

Furnished apartments in a new residential complex just 150 m from Patong Beach, Thailand

From $276,000

Completion in: 2026.ITotal of 494 apartments

Residential complex

1 Bedroom Apartment 50m² in Patong, Phuket, Thailand — #2430404 for $291,000

1 Bedroom Apartment 50m² in Patong, Phuket, Thailand — #2430404

$291,000

Total area 50 m²1 bedroom1 bathroom

3 months ago

Top Seller

The Title Modeva is a symbol of modern luxury and harmony with nature in Phuket in the heart of Bangtao Centre

From $136,000

Completion date: Q4 2026 Yield: up to 12% Total units: 859 Remaining units: 238

New residential complex of furnished apartments with a yield of 7% in Patong, Thailand for From $86,000

New residential complex of furnished apartments with a yield of 7% in Patong, Thailand

From $86,000

Completion in: 2025.IVTotal of 627 apartments

Residential complex

2 months ago

Residence with a swimming pool and a sea view 5 minutes drive away from the beaches, Patong, Phuket, Thailand for From $676,000

Only 6 units for sale!

Residence with a swimming pool and a sea view 5 minutes drive away from the beaches, Patong, Phuket, Thailand

From $676,000

Built in 2021Total of 19 apartments

Residential complex

Furnished apartment in a residence with a swimming pool and a garden, Patong, Phuket, Thailand for $590,000

Furnished apartment in a residence with a swimming pool and a garden, Patong, Phuket, Thailand

$590,000

Total area 188 m²4 bedrooms3 bathrooms

New residential complex just 200 m from Patong Beach, Phuket, Thailand for From $195,000

New residential complex just 200 m from Patong Beach, Phuket, Thailand

From $195,000

Completion in: 2026.ITotal of 108 apartments

Residential complex

Discounted apartments and new-builds upon request

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Apartments for sale in Patong