Can foreigners buy a condo in Phuket?

Yes. Freehold, in your own name, as long as foreign ownership in that building stays within the 49% quota set by the Condominium Act. It is the most straightforward property purchase available to foreigners in Thailand: no visa requirement, full ownership of the unit, and a registered title deed. The building’s quota position is the first thing to verify on any shortlist.

What is the 49% foreign quota, and is it changing?

Foreigners collectively may own up to 49% of a condominium building’s saleable floor area; the rest must be Thai-held. A 2024 government proposal to study raising the cap to 75% never became law. As of 2026 the 49% limit stands. In popular launches the foreign allocation sells out early, leaving leasehold as the fallback, so ask the juristic person for written quota confirmation before reserving.

What is the FET form and why does it matter?

To register foreign freehold, the Land Office requires evidence that your purchase funds entered Thailand as foreign currency: the Foreign Exchange Transaction form your Thai bank issues on conversion. The classic mistake is converting to baht before transferring. The bank then cannot issue the FET and registration stalls. Send foreign currency, convert in Thailand, keep the paperwork.

What ongoing costs does a Phuket condo have?

Two main items: a monthly common-area management fee charged per square metre (the rate scales with the project’s tier and amenity load) and a one-time sinking-fund contribution at purchase that capitalises the building’s repair reserve. Both are set per project; we confirm the actual figures for any unit you shortlist so the yield maths uses real numbers.

What if the foreign quota in a building is already full?

You can still buy the unit as a registered 30-year leasehold rather than freehold. Leasehold trades outright ownership for a defined term and typically softer resale liquidity, which should be reflected in the price you pay. In quota-tight buildings that discount is a genuine negotiating point; another reason to confirm quota status before agreeing terms.

Condos for Sale in Koktanod — 7 Available

7 live condos for sale from ฿3.7M to ฿29.4M

Condos for sale in Koktanod are the value entry to the Bang Tao amenity belt: Boat Avenue, Porto de Phuket and Blue Tree sit minutes away, while inland land keeps entry prices below the beach road. The area’s new projects span true condominium registrations and lease-based boutiques: a distinction that decides whether foreign freehold is available: so every listing below states its ownership route alongside the live price.