Depending on your preferred location on Phuket, buying a condominium or apartment may be your only option. In areas such as Patong, Karon, and Kata, limited availability of land means that most properties for sale are condos or apartments.
Benefits of owning a condominium versus a villa include ease of ownership, with foreign freehold titles available for certain units; lower maintenance costs; a wide range of facilities such as swimming pools and gyms; services such as concierge and reception; and in many cases a fully-managed rental program.
It is important to note the legal definition of a condominium in Thailand is a unit in a legally registered condominium building that has its own title. To be registered as a condominium the building has to meet certain criteria and pass an Environment Impact Assessment (EIA). Apartment buildings have less strict criteria and the units can not be owned freehold individually, with only leasehold ownership available.