Property in Phuket

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About the company

Raddex Estate Company - your partner in finding property in Phuket

Our company is your reliable expert in the Phuket real estate market. We help to effectively invest in real estate: apartments, villas, land plots and hotel complexes. Regardless of your goals – personal living or receiving stable passive income in foreign currency – we will find the ideal solution.

We care about preserving and increasing your capital, offering only reliable and liquid real estate. With us, your investments work for the future!

10 years experience

Our team has been working in the Phuket real estate market for more than ten years, which allows us to offer you only proven and profitable solutions.
300 successful transactions

Taking care of every transaction, we have helped hundreds of clients find their dream home or profitable investment asset.
90% of clients return

Almost all of our clients recommend us to friends and return for new investment projects.
Advantages

Why choose us

1

Official registration

We speak Russian, English and Thai, so we will help you understand the contract. We will provide legal support so that the process is transparent and the housing becomes yours. All payments are direct to the developer.

2

A detailed check of the developer for a clear understanding of the situation and all risks

Before making the first payment for an apartment or villa, we conduct a full analysis of the company, study its history, check the availability of land documents, all construction permits and only then give you a complete picture for analysis and making a final decision.

3

We help with legal, tax and visa issues

We analyze and explain to you the peculiarities of local legislation, types of property forms, income taxes, etc. We also help with the visa regime issue so that you can feel comfortable.

4

We calculate the profitability and liquidity of objects

We calculate the efficiency of your investments, taking into account annual income, taxes, management company deductions, maintenance, etc. We also analyze the possibility of future sale, so that you have options for investment strategies at your disposal.

5

We do not charge you money. Selection and transaction support are free for you

Since we have been working in the real estate market since 2009, we have a credit of trust among developers, so sometimes we manage to negotiate good discounts for clients or bonuses in the form of a free furniture package.

Propertys

Catalog of propertys for purchase and rent

Villa

Monetaria Villas

Monetaria Villas is an exclusive collection of contemporary luxury villas…

Bedrooms
3-4
Area
274-4374
Buy

from 18,900,000฿

Villa

Mount Mono

The complex has 8 private villas with a swimming pool.…

Bedrooms
3-4
Area
342-460
Buy

from 31,500,000฿

Villa

Aileen Villas Layan

Aileen Villas Layan combines contemporary design and luxury, offering spacious…

Bedrooms
3
Area
260-430
Buy

from 17,500,000฿

We recommend
Villa

Botanica Valley Sky

Botanica Sky Valley – Luxury Pool Villas redefine elegance and…

Bedrooms
4-5
Area
547-1104
Buy

from 65,429,000฿

Townhouse, Villa

WamDom Villas Rawai

Distance to the beach 1800 Location: Ra Wai Villa size…

Bedrooms
2-3
Area
150-228
Buy

from 17,500,000฿

Apartment, Penthouse

Garrya Residences Phuket

The first full-service residence hotel on the central west coast…

Bedrooms
2
Area
115-220
Buy

from 33,680,000฿

Why Phuket

Why choose Phuket for vacation, life and investment?

Phuket is one of Thailand’s top tourist destinations, with a year-round warm climate, stunning beaches and well-developed infrastructure. This tropical island attracts millions of travelers from all over the world, creating huge potential for living, business and investment.

Investors from all over the world are actively investing in the development of local infrastructure, including hotels, residential complexes and commercial real estate. However, Phuket is of interest not only to large businessmen, but also to those who have a smaller budget. Opportunities to make money on local real estate related to the hospitality industry are open to everyone.

The perfect combination of nature, culture and high demand for tourism services makes Phuket an excellent choice for those who want not only to relax, but also to find prospects for long-term investments or a comfortable life by the sea.

Locations

Property in various locations in Phuket

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Reviews

What our clients say about us

Blog

News and useful information

FAQ

Questions and Answers

What is a condominium apartment?

A condominium is a single complex of real estate, including a land plot, a residential building located on it, and other real estate objects. At the same time, individual premises (including apartments), intended for residential or other purposes (for example, restaurants, shops), are owned or leased for a long time, and common property (such as a swimming pool, playgrounds, a gym) is in common shared ownership.

The condominium’s life support (keeping the adjacent territory and inside the building clean, solving water supply problems, landscaping the territory, etc.) is handled by its own management company. The costs of managing the common property are divided in accordance with the share of the acquired living space.

Utility payments are divided into utility bills (payment for electricity, water) and fees to the management company.

In a condominium there are always rules of residence, such as, for example, separate waste collection or keeping pets.

Thus, the main advantage of a condo (apartment in a condominium) over a separate apartment in an apartment building is infrastructure. In terms of living conditions, a condominium is somewhat reminiscent of a resort, offering its residents special conditions. The more infrastructure facilities on the territory of the complex, the more prestigious it is, and the housing in it is more expensive.

The apartment can be decorated in one of 2 ways:

Freehold – full ownership, without any restrictions.

Leasehold – long-term lease (30 years with subsequent extensions twice for 30 years, which in total will allow you to own the property for 90 years). This form of property ownership has its advantages. The cost of apartments in leasehold is lower than in freehold, the cost of taxes and fees when registering with the Land Department is lower. It is also easier when reselling an apartment.

Foreigners in Thailand have the full right to register as property (freehold) apartments in condominiums from the so-called foreign quota, which cannot exceed 49% of the living space of the condominium. Foreigners can also purchase the remaining apartments (51% of the living space), but register them for long-term lease (leasehold) or to a Thai company.

The base price includes built-in furniture (wardrobes, kitchen cabinets), air conditioning and landscaping (where applicable).

Infrastructure and common facilities include roads, sewerage, lighting, landscaping, water and power systems, playgrounds and swimming pools.

Mobile furniture, household appliances, curtains, mirrors, decor, dishes, bed linen.

Infrastructure and common facilities include roads, sewerage, lighting, landscaping, water and power systems, playgrounds and swimming pools.

Management services will be provided by the management company, they include 24-hour security of the territory, shuttle service, laundry services, reception desk, garbage collection, cleaning and maintenance of infrastructure and common areas and any other necessary services.

Under the Guaranteed Rental Program, the management company will guarantee the owner a rental income payment of 5-10% of the apartment price in accordance with the Option specified in the Reservation Form (approved upon purchase).

Usually, the apartment is reserved for the owner and his family members/friends for 14-30 days a year. The reservation dates are agreed upon in advance with the management company.

Payments of guaranteed rental income are made once a year within 30 days after the end of the reporting year.

The owner can leave the guaranteed program or switch to the Rental Pool program by notifying the management company 60 days in advance.

The management company will independently rent out apartments and organize the maintenance of the property. Upon completion of the reporting period, the management company will calculate the net income (rental revenue minus management, marketing and maintenance costs) and pay the owners 60-70% of this amount.

Usually, the apartment is reserved for the owner and his family/friends for 30 days a year. The reservation dates are agreed upon in advance.

Payments are made once a year within 30 days after the end of the reporting year.

The owner can leave the program by notifying the management company 60 days in advance.

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