How to Buy a Condo in Phuket as a Pole

Purchasing real estate in Thailand, especially in Phuket, is becoming increasingly popular among investors from Poland. A stable market, high rental demand, and rising property prices make condos in Phuket one of the most frequently chosen investment directions today.

At the same time, the purchasing process for foreigners differs significantly from European standards. Therefore, if you are planning to buy a condo in Phuket as a Polish citizen, it is crucial to understand the legal regulations, transaction structure, and real costs.

Can a Polish citizen buy a condo in Phuket?

Yes - foreigners, including Polish citizens, can legally buy an apartment (condo) in Thailand.

Basic rules:

• purchase is only possible in condominium buildings

• ownership in the freehold system (full ownership)

• a maximum of 49% of the building area can belong to foreigners (foreign quota)

This means that buying a condo in Phuket as a Polish citizen is fully legal, but the availability of freehold units is limited.

Freehold or leasehold - what to choose?

Freehold

• full ownership

• registration in the title deed (Chanote)

• higher security

Leasehold

• contract for 30 years

• no full ownership

• lower entry cost

In practice, most Polish buyers purchase condos under the freehold system.

What does the condo purchase process in Phuket look like?

1. Property selection

Key factors:

• location (Bang Tao, Rawai, Patong)

• price per m²

• rental potential

• developer

70–80% of listings on the market do not meet investment criteria.

2. Reservation

Typically:

• reservation fee: 50,000 - 200,000 THB

• price lock

3. Contract (SPA)

After reservation, a purchase agreement is signed:

• payment: 20–30% of the property value

• payment schedule

4. Transfer of funds from Poland

This is a key stage:

• funds must be transferred from abroad

• required document: Foreign Exchange Transaction Form (FET)

Without this, freehold ownership cannot be registered.

5. Finalization (Land Office)

At this stage:

• ownership transfer

• registration in Chanote

• key handover

How much does buying a condo in Phuket cost?

Property price

• from 3 million THB (cheapest)

• average: 5–10 million THB

• premium: 10 million THB+

Additional costs

• transfer fee: approx. 2%

• tax: approx. 1–3%

• maintenance: 30–80 THB/m² monthly

Total: approx. 3–5% of the property value

Can you buy a condo in Phuket with a mortgage?

In practice:

• no loans for foreigners

• the market operates mainly on a cash basis

This increases market stability.

Is buying a condo in Phuket profitable?

ROI (2026)

• long-term: 6–8% annually

• short-term: 8–15% annually

Value growth

• average: 6–10% annually

Phuket is a growth market.

Best locations for Polish buyers

Bang Tao / Cherngtalay

• highest investment potential

• premium segment

Patong

• best cashflow

• tourism

Rawai / Nai Harn

• stable rental

• lower prices

Most common mistakes of Polish buyers

1. Buying without ROI analysis

marketing ≠ investment

2. Not checking the developer

crucial for safety

3. Ignoring costs

net ROI is more important than gross

4. Wrong location choice

location = 70% of success

How to safely buy a condo in Phuket?

Checklist:

• check the developer

• analyze price per m²

• check foreign quota

• verify the contract

• calculate net ROI

This minimizes risk.

Trend 2026 - increasing number of Polish investors

In recent years:

• the number of Polish investors is growing

• interest in Phuket is increasing

• Europe’s share in the market is rising

Poland is becoming one of the more important investor markets.

Varsovia Estate - property purchase in Phuket

At Varsovia Estate, we help Polish clients buy condos in Phuket safely and consciously.

We analyze:

• location

• ROI

• market

• risk

We don’t sell everything - we select only the best investments.

If you want to buy a condo in Phuket as a Polish citizen - experience and market analysis are key.

Sources

https://www.cbre.co.th/insights/figures/phuket-overall-figures-h2-2025
https://property.cbre.co.th/useful-information/phuket-condos-and-villas-2025
https://charlesdel.com/phuket-real-estate-trends/
https://sunwayestates.com/blog/post/phuket-2025-market-trends-and-the-winners-in-real-estate
https://alestriaproperty.com/blog/phuket-rental-yields-in-2025-what-investors-can-expect
https://phuketrealtor.com/blog/h1-2025-phuket-market-report-by-cbre