Development Plot on Busy Road in Ratsada, Phuket Town
฿33,000,000฿34,810/m²
948 m²
interior
Land
property type
4 weeks ago
listed
The Habio take
AI summaryThis prime plot of land spans 948 sqm, ideally located on a busy road in Ratsada, Phuket Town. Its proximity to essential amenities makes it perfect for a condo, hotel, or serviced apartment development.
- investment
- new build
- city
Highlights
- Prime location with high traffic
- Suitable for various developments
- Close to amenities and healthcare
- Freehold ownership available
- Chanote title for secure investment
Good fit for: Ideal for developers looking to capitalise on Phuket's growing market.
Lifestyle scores
- Beach
- 50
- Walkable
- 60
- Remote work
- 70
- Family
- 60
- Retirement
- 60
- Airport access
- 70
- Investment
- 80
- Luxury
- 75
- Value
- 70
About this place
This significant land plot, measuring 948 square metres (2 Ngan 37 sq.wa), is available for development in the bustling area of Ratsada, Phuket Town. The land is situated on a main road with considerable traffic, ensuring great visibility for any potential project. The location is in close proximity to Bangkok Hospital and Lotus department store, making it convenient for future residents.
The property features a Chanote title deed and benefits from access to water and electricity. Its surroundings include supermarkets, night markets, schools, and hospitals, highlighting its potential as an ideal site for a residential development such as condos, hotels, or serviced apartments, catering to both locals and tourists.
Buying property in Thailand
In Thailand, foreign buyers can purchase condominium units but not land. Buyers should budget for additional costs like legal fees, transfer fees, and taxes, which can add roughly 5-8% on top of the purchase price.
This guide provides an overview of purchasing property in Thailand as a foreign buyer.
Regional and legal nuances apply, and recent changes may not be fully reflected here.
Always consult a qualified local lawyer to confirm details, especially regarding condominium ownership quotas and any tax obligations.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser.
