See live listings in this area, matched to your budget
This page shows real project data. Tell us your budget and we send a 1-page shortlist with prices, ownership route and red flags. Free, 0% buyer commission.
Buyer commission
0% (developer-paid)
Shortlist delivery
under 2 hours
Projects in database
297 with priced units
Freehold condos from
1,450,000 THB (~$44K)
Net yield range
not published for Phuket
Legal review
included free
Buy Phuket property: start here →
Commercial landing with form + WhatsApp
Get free shortlist →
3-5 hand-picked projects in 48h
Investment calculator →
ROI model with your budget
We filter 299 projects to 3-5 that fit your budget and goals. No generic MLS spam.
Most studio pages treat the guest as a marketing question. In Rawai it is a legal one first, because the area genuinely supports both a resident letting market and a holiday one, and the boundary between them falls exactly on a line drawn in Thai law.
Rawai is where the island stops performing for visitors and starts housing people, so the resident demand is real and year-round. It is also affordable and close to the southern beaches, so visitors on a week or two come here and shop on price. A studio is the one format small enough to serve either.
The thirty-day line, and why it decides the rest
Under thirty days is hotel business. Providing accommodation for periods shorter than a month falls under Thailand’s hotel legislation and requires a licence held at the premises, by the building, not by you. If your model assumes a stream of five-day and two-week bookings, that permission is a precondition, not a detail, and a building where everyone does it anyway has not granted it.
A month or more is a tenancy, and sits outside that regime entirely. This is the quiet advantage of the resident market and the reason so much of Rawai runs on it.
Everything else follows from which side of that line you are on:
| Resident letting (a month or more) | Visitor letting (under thirty days) | |
|---|---|---|
| Legal position | An ordinary tenancy | Hotel business, licensed at the building |
| Where the demand comes from | Local agents, resident groups, word of mouth | Booking platforms |
| What decides the price | Comparable local rents | Whatever the cheapest similar listing is asking |
| Turnovers | Few | Many, each with a cleaning cost |
| Furnishing | Storage, a desk, a kitchen someone cooks in | Photogenic, durable, quick to reset |
| Who carries utilities | Usually the tenant | You |
| Your competition | The other flats a resident is viewing that week | Every cheap listing within reach |
Note that the two columns want different apartments. A resident needs somewhere to put a year of belongings; a fortnight guest needs somewhere to put a suitcase and wants the photographs to look good. You can compromise, and the compromise underperforms both.
What Rawai studios cost
| Project | Status | Unit sizes in project | Project price range (THB) | Entry, approx. USD |
|---|---|---|---|---|
| Aura Condominium | Off-plan | 29-30 sqm | 3,032,320 - 11,672,505 | ~$93,000 |
| Enigma Residence | Off-plan | 35 sqm | 3,944,850 - 14,972,250 | ~$121,000 |
| Next Point Condominium | Off-plan | 35-50 sqm | 3,955,000 - 22,387,500 | ~$121,000 |
| VIP Space Odyssey | Off-plan | 29-32 sqm | 4,395,000 - 12,474,000 | ~$134,000 |
| The One Naiharn | Off-plan | 27 sqm | 4,934,800 - 16,327,500 | ~$151,000 |
| Dominion Rawai | Off-plan | 32-43 sqm | 4,990,000 - 10,958,400 | ~$153,000 |
| Babylon Sky Garden 2 | Ready | 43-45 sqm | 5,186,400 - 23,547,200 | ~$159,000 |
| Essence Residence | Off-plan | 53-84 sqm | 5,200,000 - 20,550,000 | ~$159,000 |
The size and price columns both describe whole buildings: a range running to 84 sqm is obviously not a studio, and the top of each price band belongs to the largest apartments. Ask for a studio-specific price in baht on a named floor. Dollar figures are arithmetic at a planning rate.
Ownership, and one trade to be careful about
Foreign freehold is capped per building at 49% of its floor area. Have that confirmed on paper, in square metres and dated, against your own unit, before any money moves.
The trade worth thinking about here concerns leasehold. Where a unit sits outside the quota it can usually be bought on a registered lease at a discount, capped at thirty years, and on a small unit that discount looks attractive. Weigh it against who buys from you. In a resident market a meaningful share of purchasers are people who intend to live in the property, sometimes for the rest of their lives, and they tend to want their name on a freehold title rather than a shortening term. The discount you take on entry is paid for at exit, and in Rawai it is paid to a narrower audience than in an investor-dominated corridor.
Running each model properly
If you let to residents: furnish for someone unpacking a life, not a suitcase. Storage, a working desk, a kitchen with counter space, quiet air conditioning. Sell through local agents and resident channels rather than platforms. Expect a vacancy measured in weeks between tenants and budget for it. Confirm what the building requires of a tenancy, some juristic persons want tenants registered.
If you let to visitors: confirm the building’s licence position in writing first, because everything else is irrelevant without it. Then treat cleaning and linen as a per-turnover cost rather than a monthly one, price against the cheapest comparable listing rather than against your own hopes, and accept that utilities are yours.
Either way, run the arithmetic on net rather than gross. A resident tenancy earns less per night and keeps far more of it; visitor letting is the reverse. The comparison only means something after commission, cleaning, utilities and vacancy, which is what the rental yield guide works through.
Buyer scenarios
| Profile | What fits | The question that decides it |
|---|---|---|
| Steady-income buyer | Resident letting on monthly or annual contracts | Are you comfortable earning less per night and keeping more of it? |
| Platform-led buyer | Visitor letting, in a building that permits it | Have you seen the licence position in writing? |
| Buyer who may live in it | Freehold, laid out for actual living | Where do a year’s belongings go in this unit? |
| Buyer offered a leasehold discount | Careful arithmetic | Who is your buyer in twelve years, and will they want a shortening term? |
| Buyer wanting a tourist-volume market | The west coast instead | Is Rawai’s guest pool deep enough for your model? |
Insider tip: ask the juristic office how many units in the building are occupied on tenancies of a month or more versus let by the night. That one number tells you which business the building actually runs, what its rules are likely to tolerate, and who your neighbours are, and it is a question the sales office will not answer for you.
Before you commit
- Which of the two models you are running, decided before furnishing or pricing anything.
- If letting under thirty days: the building’s licence position, in writing.
- The split of long tenancies against nightly letting in the building, from the juristic office.
- Remaining foreign allowance in square metres, dated, for your unit.
- If considering leasehold: the exit arithmetic against a resident buyer pool.
- Comparable signed rents for resident letting, or comparable listings for visitor letting.
- What the building bills monthly, and what its reserve currently holds.
- Storage and layout tested against the guest you actually chose.
Frequently Asked Questions
Only if the building permits it. Letting for periods under thirty days is hotel business under Thai law and the licence is held at the premises rather than by the owner, so the permission belongs to the building. A place where owners do it anyway has not granted it, and a committee can decide to stop it. Get the position in writing before any deposit, because a model built on five-day and two-week bookings depends entirely on that answer.
Both work, and they are different businesses rather than different settings of the same one. Rawai has a genuine year-round resident population, so monthly and annual tenancies are steady, sit outside the hotel-licensing regime, cost far less to service and usually put utilities on the tenant. Visitor letting earns more per night from people staying five days to a fortnight who choose largely on price, and costs more to run. Pick one before you furnish.
According to the guest you chose. A resident is unpacking a life and needs storage, a workable desk, kitchen counter space and quiet air conditioning; photographs matter little because they will view it in person. A fortnight visitor needs somewhere for a suitcase and photographs that compete on a booking platform. The compromise unit underperforms both, which is why the decision belongs before the purchase rather than after it.
Yes, within each building's 49% floor-area allowance, confirmed in writing in square metres and dated for your specific unit before any deposit. Where a unit falls outside the quota a registered lease at a discount is often offered, capped at thirty years. Weigh that discount against your exit: in a resident market many buyers intend to live in the property long term and want a freehold title in their own name, so the saving on entry is paid back at sale.
Entry figures across these schemes start from roughly 3,000,000 THB, but both the size and price columns in the table describe whole buildings - a size range running to 84 sqm is plainly not a studio, and the top of each price band belongs to the largest apartments. Ask for a studio-specific quotation on a named floor, in baht.
Ask the juristic office how many units are occupied on tenancies of a month or more compared with those let by the night. That single figure tells you which business the building really runs, what its rules are likely to tolerate in future, and what kind of neighbours you will have. It is more informative than anything in a brochure, and the sales office will not volunteer it.
Related Guides:
- Rawai Property Guide, the resident market in full
- Studio Condos in Bang Tao, the same format in a resort corridor
- Studio Condos in Nai Yang, transit demand and turnover cost
- Best Studio Condos in Phuket, the format weighed area by area
- Phuket Rental Yield Guide, gross against net for small units
Maksim Shchegolev
Founder, MORE Group
Founder of MORE Group. Four years in investment banking before moving to Phuket, where he has worked in the local property market since 2018. Oversees developer relationships and every engagement above $300K.
About MORE Group →Compare Phuket Projects for Your Area and Budget
Send your preferred area, budget and timeline. We will shortlist live developer projects.