What ongoing costs come with owning a condo in Phuket?
Beyond the price, budget for the building’s common-area fee, any one-off or reserve payments in the building’s rules, your own utilities and insurance, and land and building tax billed by the local authority. Ask for each amount in writing before you buy — they differ by building.
- Common-area fee: ask the management office (juristic person) for the current rate, how it is calculated, and whether it has changed recently.
- One-off payments: ask whether the building’s rules require a sinking fund or advance contribution at transfer, and how much.
- Land and building tax is billed by the local authority; ask the seller for the latest bill, and a licensed Thai lawyer how it applies (rules: /thai-law).
- Your own costs: electricity, water, internet, unit insurance and repairs — plus a rental manager’s fee if you plan to let the unit.
- Ask the juristic person for a statement of any unpaid fees on the unit; its debt-free letter is part of the transfer paperwork.
Reference only; confirm with official documents or the property/landlord in writing.