Phuket Rental Yield: Real Numbers 2026
Phuket Rental Yield: Real Numbers 2026
Everyone promises 10–15% annually. Reality is somewhat more modest — but still attractive. Let's look at honest numbers.
What Developers Promise vs Reality
Marketing promises: 8–15% annual Reality after all expenses: 5–9% annual
The difference lies in marketing often not accounting for management costs, taxes, and incidentals.
What Makes Up Yield?
Income Side
- Short-term rental (Airbnb, Booking): 2,500–8,000 baht/night for condo, 8,000–40,000 baht/night for villa
- Long-term rental (6+ months): 15,000–45,000 baht/month for condo
- High season occupancy (November–April): 80–90%
- Low season occupancy (May–October): 40–60%
- Average annual occupancy: 65–75%
Expense Side
- Management company: 20–25% of revenue
- Common fees and maintenance: 1–2% of property value/year
- Rental income tax: 15% (fixed for non-residents)
- Insurance: 0.2–0.5% of value/year
- Minor repairs and depreciation: ~1% of value/year
Real Calculation Example
Property: 1 bedroom condo, 40 m², Bang Tao Cost: 6,000,000 baht Management company: yes
| Indicator | Amount/year |
|---|---|
| Rental revenue (65% occupancy, 3,500 ฿/night) | 830,250 ฿ |
| Minus: Management (22%) | -182,655 ฿ |
| Minus: Tax 15% | -98,339 ฿ |
| Minus: Maintenance | -60,000 ฿ |
| Net income | ~489,000 ฿ |
| Net yield | ~8.2% annual |
Where is Yield Higher?
Top areas by yield:
- Patong — maximum short-term rental, but lower class properties
- Bang Tao / Laguna — balance of yield and rental quality
- Kamala — quiet beach, stable demand, growing market
- Karon / Kata — family tourism, long-term rentals
Guaranteed Return from Developer
Many developers offer guaranteed rental return — 5–7% annual for 3–5 years regardless of actual occupancy.
Is it profitable? Generally yes, if the developer is reliable. Downside — you can't use the property yourself during this period.
Property Value Growth
Add to rental yield the property value growth:
- Bang Tao / Laguna: +8–15% per year
- Phuket average: +5–10% per year
Total yield (rental + capital growth): 12–20% annual in successful properties.
Conclusion
Phuket is one of the best rental property markets in Asia. The key is choosing the right property and an honest management company. Want a calculation for a specific property? Write to us.
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