Short-Term vs. Long-Term Rentals
For short-term rentals, you can expect to pay anywhere from 15,000 to 60,000 THB per month depending on the property and time of year. Beachfront apartments or those in popular tourist areas like Patong will be more expensive. For long-term rentals of 6 months or longer, prices tend to be lower, averaging 20,000 to 35,000 THB per month. However, luxury or larger multi-bedroom apartments will still cost more. As an example, right now long-term 2-bedroom villas with a pool in Rawai typically range from 90,000 to 110,000 THB per month.
Location Matters
Apartments in buzzing beach towns are higher priced compared to residential areas farther from the water. Central locations like Patong and Kata can be up to double the cost of places in Chalong or Kathu.
Size and Amenities Impact Price
Studios and 1-bedrooms are cheaper than 2-3 bedrooms. Units with a private pool, sea view, or lots of facilities can be premium priced. Newly built developments tend to sit at the higher end of price ranges.
Luxury Rentals Available
G Estate Grellet Immobilier, a real estate agency specialized in luxury villa rentals, has a wide selection of high-end apartments and villas available for both short and long term rents in various areas of Phuket.
Seasonal Fluctuations
Peak times like December-March have far fewer units, so costs are inflated. Low season like May-October sees prices drop 10-20% in many cases.
Negotiating Long-Term Rents
The rental market is competitive, so negotiating prices is possible if renting long-term. Do your research to understand typical rates by area and facility. With some flexibility, you can find quality apartments in Phuket for reasonable monthly rents.
