Phuket real estate market — prices, rental yield and trend
- Average price: $3,713 / m²
- Gross rental yield: 5.05%
- 12-month price change (USD): -3.7%
- Price basis: local-market average
Residential property in Phuket averages $3,713 per square metre — -3.7% in dollar terms over twelve months, so a dollar buyer pays less than a year ago. That makes it the 30th most expensive of the 70 markets in the set.
What a buyer pays in Phuket
The $3,713 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. That is 23.2% below the Thailand national average of $4,833.
What it earns
Long-term letting returns about 5.1% gross on the purchase price, 44th of 69 markets by gross yield. Short-term letting is a different business with different costs, but for reference the short-let yield here works out at about 10.4%, on an average daily rate of $83 and 64% occupancy.
How this figure is built
The price figure for Phuket comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Phuket be compared with a country average or another city.
Sources: GPG yields · globalpropertyguide.com · airbtics.com · realting.com. Snapshot: 2026-07-23.
Latest Phuket market analysis
- Thailand's Eastern Economic Corridor housing transfers rise 17% in H1 2026 as condominium permits double — 2026-09-15
- Thailand Property Taxes and Buying Costs: What a Foreign Buyer Actually Pays (2026) — 2026-08-03
- Thailand Property Market: Bangkok Prices, Phuket Yields and the 2026 Numbers — 2026-07-03
- Thailand's Property Market in 2026: Prices, Yields and Honest Risks — 2026-07-03
- Thailand: Foreign Property Ownership and the Buying Process in 2026 — 2026-07-03
Related markets: Thailand