Property in Thailand -
a European agency in Phuket
Twins Real Estate is a European real estate agency in Thailand. Buy an apartment or villa in Phuket in your own language, with no commission.
- ✓Apartments from around 3.5-4 million THB, ROI 8-12% per year
- ✓Foreigners can buy apartments on a freehold basis
- ✓0% commission for the buyer, full legal support in English
Twins Real Estate company data (2024-2026). The 8-12% ROI is a market estimate for rentals in Phuket, not a guaranteed return. See sources.
Property in Thailand
in a nutshell - what you should know?
TL;DR: Twins Real Estate is a European real estate agency in Thailand (Phuket). We help foreign buyers purchase an apartment or villa from trusted developers - in English and with 0% commission. Foreigners can legally acquire an apartment on a freehold basis. Estimated rental ROI: 8-12% per year.
- →Twins Real Estate is a European real estate agency in Thailand (Phuket) - full English-speaking service, 0% commission for the buyer.
- →Foreigners can legally buy an apartment on a freehold basis - up to 49% of units in a building may be owned by foreigners (Condominium Act B.E. 2522).
- →Prices: apartments from around 3.5-4 million THB, villas with a pool from around 15 million THB.
- →Estimated rental ROI: 8-12% per year (market estimate for Phuket, not a guarantee).
- →Full service: property selection, legal work (Chanote title, due diligence), closing and rental management.
- →Free consultation in English; over 300 clients served (company data, 2024-2026).
- Apartment price: 4,000,000 THB
- Transfer fee (2%): 80,000 THB
- Sinking fund + initial fees: ~60,000 THB
- Total: ~4,140,000 THB (+~3.5%)
- Apartment value: 4,000,000 THB
- At 8% ROI: ~320,000 THB per year
- At 12% ROI: ~480,000 THB per year
- Monthly: ~27,000-40,000 THB
Assumptions: exchange rate approx. 1 THB ≈ 0.026 EUR (indicative, 2026); prices and ROI as of 2026; ROI calculated on the purchase price, before running costs and taxes.
ROI disclaimer: the quoted 8-12% annual ROI and the calculations above are market estimates and are illustrative only. They are not a guarantee of return. Actual results depend on the development, location, occupancy and costs. We prepare a precise calculation for the chosen property.
What to check before buying property in Thailand?
- ☐Developer's reputation and track record
- ☐Legal title (Chanote) and due diligence
- ☐Available freehold quota (up to 49% in the building)
- ☐Payment schedule and penalties for delays
- ☐Running costs (CAM, sinking fund)
- ☐Rental pool terms
- ☐Overseas transfer and FET document
- ☐Bilingual contract (EN and Thai)
What is Twins Real Estate?
Twins Real Estate is a European real estate agency in Thailand. We specialise in selling apartments and villas in Phuket from trusted developers. We run the entire process in English - from the first conversation to handover of the keys. For the buyer, our services are free (0% commission).
We help our clients find their dream property in Thailand, tailored to their needs, lifestyle and budget - entirely in your language.
We offer end-to-end support throughout the buying process in Thailand - from advice and property presentations to legal support and closing the transaction. Thanks to our knowledge of the local Phuket market, we can find genuine investment gems.
Who is behind Twins Real Estate?
Twins Real Estate is run by a European team based in Phuket. We combine knowledge of the local Thai property market with direct, English-speaking contact. We advise on choosing a development, vet the developer and legal title, and guide the client through the entire buying process.
She lives in Phuket and personally presents developments to international clients. She specialises in selecting properties for investment and rental, and in managing the entire transaction in English - from the first conversation to handover of the keys.
English- and Polish-speaking advisors plus partner lawyers on the Thai side. We take care of due diligence on the title (Chanote), bilingual contracts and after-purchase support, including rental management.
Describe your dream
place
Tell us what you are looking for - in a few sentences, in English. Our AI assistant will match the best properties from the available developments.
Which Phuket developments
are available?
Current property in Thailand from Twins Real Estate includes new-build apartments and villas in Phuket (Karon, Kamala, Bangtao, Rawai). Prices from around 3.5 million THB, with developer instalment plans available.
Why invest in
property in Thailand?
Investing in property in Thailand (especially Phuket) combines a low entry point, strong tourist rental demand and an estimated ROI of 8-12% per year. Foreigners can buy an apartment on a freehold basis, and the European agency Twins Real Estate handles the whole process in English - from selecting the property to legal paperwork and rental management.
Why buy property
in Phuket?
Phuket is Thailand's largest island and its most important premium property market. It combines year-round tourist traffic, an international airport and mature rental infrastructure. This translates into strong, relatively stable demand for short-term rentals - the key to your investment return.
| Factor | Data (indicative) |
|---|---|
| Tourist traffic | over 10 million visitors per year (TAT, 2023) |
| Airport | Phuket International Airport (HKT), direct flights from Europe, Asia and beyond |
| High season | November-April (dry season); highest occupancy and rates |
| Low season | May-October (rainy season); lower rental rates |
| Most popular locations | Bangtao, Kamala, Karon, Rawai, Nai Harn |
| Estimated rental ROI | 8-12% per year (market estimate, not a guarantee) |
Indicative data; tourist traffic per the Tourism Authority of Thailand (tat.or.th). Seasonality and occupancy depend on location and year.
Where to see property
in Thailand on video?
Property videos from Thailand, Phuket walkthroughs, investment tips and behind-the-scenes of the property market - straight from Thailand.
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How to buy property
in Thailand step by step?
Buying property in Thailand with Twins Real Estate takes 4 steps: free consultation, selecting properties, legal paperwork and handover of the keys. We run the whole process in English and it usually takes from a few weeks to around 2 months, depending on the development and payment method.
How to get in touch
with Twins Real Estate?
Get in touch - we reply within 24 hours. The first consultation is always free.
What to know before buying
property in Thailand
Guides and walkthroughs prepared by our European team in Phuket: ownership law, costs, taxes, rental ROI and location analysis. Everything you need to buy with confidence and safely.
Frequently asked questions about
property in Thailand
The key facts about buying property in Thailand as a foreigner: ownership rules, costs, taxes, financing and return on investment. Answered by the European agency Twins Real Estate in Phuket.
Can foreigners buy property in Thailand?
Yes - foreigners can legally buy apartments in Thailand on a freehold basis under current law. The condition: up to 49% of the units in a given building may be owned by foreigners (Condominium Act B.E. 2522¹). Villas and land are acquired on a leasehold basis (typically a 30-year lease with an option to extend) or through a Thai company. We help you choose a safe, optimal purchase structure. More: can a foreigner buy property in Thailand.
| Feature | Freehold | Leasehold |
|---|---|---|
| Property type | Apartments (condo) | Villas, land, some condos |
| Ownership type | Full, perpetual | Lease ~30 years (+ extensions) |
| Foreign-ownership limit | Up to 49% of units in a building | No quota limit |
| Inheritance | Yes, full | Depends on the contract terms |
| Legal title | Chanote (title deed) | Lease agreement + registration |
| Best for | Long-term investment | Villas and houses on land |
How much does property in Thailand (Phuket) cost?
Apartment prices in Phuket start at around 3.5-4 million THB for a studio or small unit in a new development. Luxury villas with a pool start from 15-50 million THB. Most of the properties in our portfolio are new-build developments with developer instalment plans available.
What is the return on investment (ROI) for property in Thailand?
The average rental ROI for property in Thailand (particularly Phuket) is 8-12% per year - significantly higher than in most European markets. Many developments offer a guaranteed rental programme run by the developer. Phuket receives over 10 million tourists per year² (TAT, 2023 data), which sustains strong demand for short-term rentals. More on ROI and renting in Phuket.
Is buying property in Thailand safe?
Yes, provided you work with a trusted agent. We present only projects from verified Thai developers with a track record of completed developments. We handle the complete legal documentation, due diligence on the title deed (Chanote) and bilingual contracts. The whole process runs in English - with no language barrier.
What is the real estate agency commission in Thailand?
For the buyer our services are completely free - 0% commission. The agent's fee is paid by the developer, as in most countries in Asia. This means you buy the property at the same price as if you bought directly from the developer, and in return you get full English-speaking support at every stage of the transaction.
What are the additional costs of buying property in Thailand?
On top of the property price there are transaction costs, usually around 2-6% of the price. For new developments the exact split is set by the developer - we calculate it for each property before the contract is signed.
| Cost | Rate | Who pays |
|---|---|---|
| Transfer fee | 2% of value | Buyer/developer (often 50/50) |
| Sinking fund | one-off, per m² | Buyer |
| Common-area fees | 1 year prepaid | Buyer |
| Taxes on resale | depend on holding period | Usually the seller |
What are the running costs of property in Thailand?
The ongoing running costs of an apartment in Phuket are moderate. The main items are the common-area fee (CAM), the sinking fund and, optionally, rental management. Below are typical ranges (indicative, 2026).
| Item | Typical range |
|---|---|
| Common-area fee (CAM) | ~50-90 THB/m²/month |
| Sinking fund | ~400-700 THB/m² one-off |
| Electricity / water | by usage |
| Rental management | ~15-30% of rental revenue |
| Rental pool split | usually 60/40-70/30 in the owner's favour |
Indicative ranges; exact rates depend on the development and operator. Twins Real Estate provides them for the specific property.
Is there an annual property tax in Thailand?
Yes, but it is low. Since 2020 the Land and Building Tax applies (2019 act³), with rates for residential property of around 0.02-0.10% of value per year - far less than in many European countries. With short-term rental, income tax on rental income also applies. The exact amounts depend on the value and how the property is used - we help estimate them.
Can a foreigner get a mortgage for property in Thailand?
Foreigners' access to mortgage lending from Thai banks is limited. In practice there are two common options: buying in cash or a developer instalment plan (payments spread until project completion), which most projects in our portfolio offer. We help you choose a project with a convenient payment schedule.
Do you help with renting and managing the property after purchase?
Yes. Many developments offer a rental management programme run by the developer or operator (rental pool), which handles guests and maintenance of the unit. Some projects come with a guaranteed rental return for a set period. We advise which developments have the best rental terms and support you throughout the process, including after the purchase.
Can I rent the property out short-term (e.g. nightly)?
Yes, but legal short-term rental (under 30 days) requires a hotel licence, which the development's operator usually holds. That's why the simplest option is to use the developer's rental pool - the unit is then rented out legally and you receive a share of the revenue. We recommend projects with a ready, licensed short-term rental programme.
What is the payment schedule when buying from a developer?
For new-build developments, payment is usually spread into instalments tied to construction progress. A typical schedule is: a reservation (around 50,000-100,000 THB), 25-30% on signing the contract, further instalments during construction and the balance on handover (transfer of ownership). The exact schedule varies between projects - we set it out before the contract is signed.
What are the risks when buying property in Thailand?
The main risks are: an unreliable developer, an unclear legal title, exceeding the 49% foreign-ownership limit in the building, and construction delays. We minimise them through due diligence on the developer and the title (Chanote), checking the available freehold quota and contracts that protect your payments. We recommend only vetted projects.
Do I have to set up a Thai company to buy property?
No, if you buy a freehold apartment - you acquire it directly as a private individual. A Thai company is sometimes used to buy a villa or land, but it requires caution and good legal advice. We recommend the simplest and safest structure for you for the given property.
How do I transfer the money safely (escrow, overseas transfer)?
When buying a freehold apartment, the funds must arrive from abroad in a foreign currency, and the bank issues an FET (Foreign Exchange Transaction Form) - required to register ownership. Payments go to the developer's account in line with the contract; on the resale market you can use an escrow account. We help make sure the payment flow is correct.
Does buying property grant residency (a visa) in Thailand?
Buying property alone does not automatically grant a visa or residency. Investors usually use separate visa programmes, e.g. the long-term Thailand Privilege visa (formerly Elite) or a retirement visa (once the conditions are met). We advise which route fits your situation and refer you to specialist visa advisors.
Where does the data on this page come from?
- The 49% foreign-ownership rule - Condominium Act B.E. 2522 (the Thai condominium law, as amended). See Department of Lands (dol.go.th).
- Tourist traffic in Phuket - Tourism Authority of Thailand data (tat.or.th); on the order of tens of millions of visitors per year.
- Annual property tax - Land and Building Tax Act B.E. 2562 (2019), in force since 2020. See Revenue Department (rd.go.th).
- ROI of 8-12% per year - a market estimate for rentals in Phuket; it is not a guarantee of return. Actual results depend on location, project and occupancy.
- Company statistics (80% of deals closed remotely, 300+ clients) - Twins Real Estate's own data for 2024-2026.
This information is general and does not constitute legal or tax advice. Regulations in Thailand may change - before purchase we verify the current legal status for the specific property.
Last updated: 6 June 2026