The City Phuket - 244-Unit Completed Condominium

PhuketReady to move in
Unit size
36.35–172.9 m²
Bedrooms
0–3
Type
Condo
Completion
Nov 2023

Description

Foreign buyers ask which ownership form applies to condominiums in Thailand. In projects like The City Phuket, foreigners can acquire units under freehold title within the legally defined foreign quota, typically 49 percent of total saleable area per building. Buyers should verify with the project that foreign quota allocation remains available for their chosen unit before committing to purchase.

Buyers targeting self-use or rental income want to know the unit configuration. This completed project comprises 244 units spanning studio apartments at 29.2 m² and 29.4 m², one-bedroom layouts at 37.2 m², two-bedroom units at 50.49 m², and three-bedroom apartments at 75.4 m². The range suits both single occupants seeking compact functional space and families or groups requiring separate sleeping areas.

Investors ask about the completion status and operational readiness. The City Phuket reached completion in November 2023 and is operational, meaning buyers acquire finished units rather than off-plan obligations. Immediate occupancy or rental listing follows purchase, eliminating construction-phase delays. Buyers should inspect the unit condition and request homeowners association documentation to understand ongoing fees and building maintenance protocols.

Relocation candidates and seasonal residents want to understand daily infrastructure. The project provides a swimming pool, fitness room, karaoke room, cinema room, and co-working space on-site. These facilities support long-term residential use and can reduce reliance on external services. Buyers planning extended stays should visit Phuket to assess proximity to medical facilities, international schools if applicable, and grocery retailers.

Buyers uncertain about suitability ask who should consider this property. The City Phuket fits foreign individuals seeking a completed turnkey residence in Phuket without construction risk, as well as investors targeting short-term or long-term rental markets where the studio and one-bedroom formats often see tenant demand. Buyers requiring waterfront locations, large private gardens, or detached villa configurations should look elsewhere, as this is a multi-unit condominium building. Verification of transfer fees, annual common-area charges, and sinking fund contributions remains essential before finalising any purchase.

About the units

Unit sizes36.35–172.9 m²
Bedrooms0–3
Price per m²฿107,840
Total units244
Available units36
Unit typeAreaPrice fromAvailable
172.9 m²฿20,040,0004
Studio36.35 m²฿3,920,0006
1 bedroom41.2 m²฿4,380,00010
2 bedrooms61.9 m²฿6,550,00012
3 bedrooms75.4 m²฿8,200,0004

Rental ROI calculator

Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.

7.1%
75%
Monthly income (net)
฿17,390
Annual income (net)
฿208,740
Net yield / year
5.3%
Payback period
18.8 yrs

Indicative model, not a guarantee of income. Net figures assume ~25% of gross income goes to management and upkeep; the yield estimate is normalised to 75% occupancy. Rental income, taxes and fees must be confirmed per project before purchase.

About the project

Property typeCondo
StageReady to move in
CompletionNov 2023
Total units244
Available units36
AreaPhuket

Amenities

PoolGymKaraoke komnataCinema roomCo-working

Location

Phuket

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