Can foreign nationals buy houses and villas in Patong?

Foreign nationals can buy houses and villas in Patong, choosing either freehold or leasehold as the form of ownership. Apartments 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 , the foreign investor has two options: having a villa 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 a house and villa in Patong?

The cost of a house and villa in Patong ranges from $414,000 to $6,690,000. The average price per square meter in Patong — $3 920. Now we have 11 offers of houses in Patong.

Why invest in houses and villas in Patong?

The reasons for investing in houses or villas 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 houses can benefit from this. Affordable prices for houses and villas 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 a house and villa in Patong?

Houses and villas 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 house 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 house and villa 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 a house and villa in Patong?

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

Can foreigners obtain Thai citizenship through a house or villa purchase in Patong?

Permanent residents can apply for citizenship. Thailand citizenship allows you to buy a house or villa 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.

11 Houses for Sale in Patong, Villas from 414,000 $

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Sea view

4-bedroom villa 467 m² in Patong

Patong, Phuket, Thailand

$1,550,000

Total area 467 m² · Land area: 1,000 m² · 4 bedrooms · 4 bathrooms

Sea view

6-bedroom villa 1,200 m² in Patong

Patong, Phuket, Thailand

$2,820,000

Total area 1,200 m² · Land area: 1,600 m² · 6 bedrooms · 7 bathrooms

Sea view

6-bedroom villa 550 m² in Patong

Patong, Phuket, Thailand

$1,490,000

Total area 550 m² · Land area: 1,600 m² · 6 bedrooms · 5 bathrooms

6-bedroom villa 500 m² in Patong

Patong, Phuket, Thailand

$6,690,000

Total area 500 m² · Land area: 1,600 m² · 6 bedrooms · 7 bathrooms

Sea view

7-bedroom villa 1,200 m² in Patong

Patong, Phuket, Thailand

$2,680,000

Total area 1,200 m² · 7 bedrooms · 7 bathrooms

Sea view

3-bedroom villa 350 m² in Patong

Patong, Phuket, Thailand

$2,970,000

Total area 350 m² · Land area: 184 m² · 3 bedrooms · 4 bathrooms

Yulia Bezzabarova

Head of Tranio’s Thailand Office

Investment property with higher yields than Europe

Explore our curated catalogue of investment opportunities

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Sea view

3-bedroom villa 230 m² in Patong

Patong, Phuket, Thailand

$1,930,000

Total area 230 m² · Land area: 176 m² · 3 bedrooms · 3 bathrooms

Sea view

4-bedroom villa 370 m² in Patong

Patong, Phuket, Thailand

$655,000

Total area 370 m² · Land area: 280 m² · 4 bedrooms · 4 bathrooms

Sea view

6-bedroom villa 1,200 m² in Patong

Patong, Phuket, Thailand

$2,230,000

Total area 1,200 m² · Land area: 1,600 m² · 6 bedrooms · 8 bathrooms

Sea view

5-bedroom villa 3,240 m² in Patong

Patong, Phuket, Thailand

$5,960,000

Total area 3,240 m² · Land area: 1,150 m² · 5 bedrooms · 9 bathrooms

3-bedroom villa 500 m² in Patong

Patong, Phuket, Thailand

$414,000

Total area 500 m² · Land area: 240 m² · 3 bedrooms · 3 bathrooms

Tranio’s client cases

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Villas & houses for sale in Patong