By Phuket News Property · February 28, 2022

Phuket continues to attract long-stay residents, professionals, retirees and families, many of whom reach a point where they must decide whether to rent or purchase a home. Both options offer clear advantages depending on lifestyle, priorities and how long someone intends to stay on the island.

This guide looks at the practical considerations shaping the decision for residents in 2025.

Why Renting Appeals to Many Newcomers

Renting remains popular among people who are new to Phuket or still exploring the island before choosing a long-term neighbourhood.

Flexibility

Renting allows residents to move between areas such as Rawai, Kata, Bang Tao or Cherng Talay without long-term commitment.

Lower Upfront Costs

Tenants avoid large deposits, purchase taxes and legal fees associated with a property transaction.

Easy Maintenance

Repairs and upkeep are usually handled by landlords or building management, which appeals to temporary residents or digital nomads.

Trial Period

Many long-stay expatriates use their rental period to understand daily life, traffic, schools and amenities before choosing where to settle.

Why Some Residents Prefer to Buy

Purchasing a home becomes appealing for those who plan to stay in Phuket for many years and want more stability.

Long-Term Security

Owning a property, particularly a condominium under the Condominium Act, gives residents long-term stability without the risk of rising rent or sudden relocation.

Personalisation

Homeowners can renovate, redesign interiors or modify living spaces to suit their needs.

Predictable Costs

Monthly expenses often become more stable, especially in managed condominium developments that have clear fee structures.

Building Equity

People intending to live in Phuket long-term sometimes prefer putting money into an asset rather than ongoing rent.

Lifestyle Factors That Influence the Decision

Choosing whether to buy or rent often depends on lifestyle preferences rather than purely financial considerations.

Length of Stay

Short-term residents or those uncertain about long-term plans tend to rent.
Those settled in work, family or community often explore ownership.

Community and Neighbourhood Feel

Some residents only discover their preferred neighbourhood after experiencing different parts of the island.

Family Needs

Proximity to schools, sports facilities and healthcare often influences whether families prefer renting flexibility or owning for consistency.

Property Types Available for Both Renters and Buyers

Phuket offers a wide range of options for both renting and buying:

Condominiums

Popular among long-stay residents who value convenience, shared facilities and secure ownership structures.

Villas

Appealing to those who prefer privacy, larger living areas, home offices or gardens, especially in Rawai, Nai Harn and Cherng Talay.

Townhomes and Local Housing

Often offer good value for newcomers and families interested in neighbourhood living.

Market Trends Affecting the Decision in 2025

Several factors influence how residents evaluate renting versus buying:

  • steady demand for long-stay rentals

  • competitive condominium pricing in certain neighbourhoods

  • rising interest in energy-efficient homes

  • ongoing improvements to infrastructure and amenities

  • stable long-term communities forming across the island

These trends contribute to a balanced environment where both renting and buying remain viable options depending on a person’s needs.

Final Considerations for Residents

Choosing between renting and buying ultimately comes down to personal circumstances, long-term plans and lifestyle priorities. Phuket’s varied neighbourhoods, range of residential options and year-round appeal give residents the flexibility to choose the approach that aligns best with their goals.