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The Millionaire's Mile  ·  Phuket

Buying property in Surin

Surin — often called the 'Millionaire's Mile' — is one of Phuket's most exclusive coastal pockets, known for boutique beach clubs, high-end villas and a discreet, moneyed feel just south of Bang Tao.

Why investors like Surin

Scarcity is the story: limited new supply and a prestigious address underpin values. Rental yields can be lower than busier areas, but capital resilience and buyer prestige are the draw.

The lifestyle

Beach clubs, fine dining and quiet luxury, minutes from Bang Tao's amenities.

Who it suits

Prestige-led buyers prioritising address and capital resilience over headline yield.

What a foreigner can actually own in Surin

The rule is the same across Phuket, and it is the first thing to get straight before you look at anything in Surin. A foreigner can own a condominium outright, freehold, with the title deed in their own name — not a lease, not a company, not a nominee arrangement.

Land is different. Foreigners cannot own it, which is why villas here involve long leases or company structures that need proper legal advice. Each building may sell up to 49% of its floor area freehold to non-Thais; past that, units go leasehold. So the freehold stock in any given Surin building is finite, and worth checking which you are being offered before anything else.

Your own lawyer — not the developer's — should verify the title and the remaining foreign quota before money moves. How foreign ownership works →

What it costs beyond the price

The asking price in Surin is not the number to budget against. On completion you will meet a transfer fee, and depending on how long the seller has held the property, either specific business tax or stamp duty, plus withholding tax. These are usually split between buyer and seller by negotiation, so who pays what is worth settling in writing early.

Then there are the running costs that decide whether the numbers work: a service charge billed per square metre each year, a one-off sinking fund contribution for major works, utilities, and insurance. On a hotel-managed home the operator also takes a share of rental income.

Our Thailand transfer fee calculator works out the purchase taxes on a specific figure, and the rental yield calculator takes a gross rent down to the net figure once those costs are in. Both are free and need no sign-up.

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Common questions

Is Surin expensive compared to the rest of Phuket?

Yes — Surin is one of the island's premium addresses, so entry prices sit above the Phuket average, with scarcity supporting values.

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