Average asking prices for freehold condominium units in Surin Beach sit at 135,000-160,000 THB per sq m based on our Q1 2026 data sets. That represents an 8-12% year-on-year increase from the 125,000-145,000 THB/sq m range we tracked in early 2025. Within Phuket's west coast, Surin now ranks among the top two or three most expensive sub-markets, trailing only Layan and the upper tier of Kamala projects.
For international buyers converting to USD at roughly 0.028 USD per THB (as of March 2026), a square metre in Surin translates to approximately 3,780-4,480 USD/sq m. That positions Surin at the lower end of comparable premium coastal markets in Southeast Asia, while the short-term rental yield potential remains notably higher than in many of those benchmarks, driven by Phuket's peak-season tourism concentration.
Quick answer
- Freehold condo asking price: 135,000-160,000 THB/sq m (Q1 2026, our data)
- Year-on-year price movement: +8-12% based on our tracking
- Dominant renter profile: premium leisure travellers (couples, wellness seekers), with a seasonal digital-nomad cohort from December through March
- High-season occupancy (November-April): 75-85% for well-managed listings on booking platforms, per our estimates
- Low-season occupancy (May-October): 30-45%, notably weaker than Karon or Rawai owing to Surin's premium-only demand base
- New supply pipeline: we monitor 4-6 projects under construction with scheduled delivery in 2026-2028, representing roughly 350-500 units in total
Options and scenarios
Option A: Freehold condo in a completed project
This is the most straightforward entry route for an overseas buyer. The investor acquires a completed unit within the foreign freehold quota (up to 49% of total building floor area under Thai law). Availability is tightening: projects completed between 2022 and 2024 are largely sold through, and our Q1 2026 canvass identified only around 30-50 freehold-quota units available on the primary and secondary markets within 1.5 km of Surin Beach.
We estimate gross rental yields from short-term letting at 5.5-7.5% per annum, assuming a conservative blended occupancy of 55-60% across the full year and average daily rates of 4,500-7,000 THB for a studio or one-bedroom unit. Property management fees typically consume 20-30% of gross rental revenue, which must be factored into net yield calculations.
Option B: Off-plan purchase with 2027-2028 delivery
Entry prices in off-plan launches around Surin start from approximately 110,000 THB/sq m, a 15-20% discount to the completed-unit market. Payment schedules are typically spread over 18-30 months, reducing upfront capital requirements. We are tracking several projects on the hillside above Surin (locally referred to as Surin Hill) and at the boundary with Bang Tao, where developers are offering rental guarantee programmes of 5-6% per annum for the first three to five years post-completion.
The principal risk here is construction delay. Based on our on-the-ground monitoring in 2025, mid-range and premium projects across Phuket experienced average slippage of 4-8 months. Buyers should build contingency into any financing or relocation timeline.
Option C: Villa on a 30+30+30 leasehold structure
The villa segment in Surin spans 15-60 million THB (roughly 420,000-1,680,000 USD). Foreign nationals acquire leasehold rights for an initial 30-year term with two contractual renewal options. Per our data, luxury villa pricing in Surin reaches 180,000-250,000 THB/sq m, making this one of the most expensive sub-segments on the island. Gross rental yields are lower at 4-5%, but the medium-term capital appreciation outlook over 5-10 years is supported by near-zero beachside land supply. Our analysts treat this option primarily as a lifestyle-plus-preservation asset rather than a high-yield play.
Comparison table
| Parameter | Surin Beach | Bang Tao | Kamala | Rawai |
|---|---|---|---|---|
| Freehold condo price (THB/sq m) | 135,000-160,000 | 120,000-150,000 | 110,000-145,000 | 75,000-100,000 |
| Year-on-year price change | +8-12% | +6-10% | +7-11% | +5-8% |
| High-season occupancy | 75-85% | 70-80% | 70-80% | 65-75% |
| Low-season occupancy | 30-45% | 40-55% | 35-50% | 45-60% |
| Primary renter profile | Premium leisure, wellness | Families, digital nomads | Premium leisure, couples | Long-stay residents, budget |
| Active construction projects | 4-6 | 8-12 | 5-7 | 6-10 |
| Avg daily rate, 1-bed (THB) | 4,500-7,000 | 3,500-6,000 | 3,800-6,500 | 2,000-3,500 |
| Drive time to Phuket HKT (min) | 25-30 | 20-25 | 30-35 | 50-60 |
All figures are indicative, based on our Q1 2026 listings data and booking-platform analytics.
Risks and mistakes
Surin's seasonal demand swing is sharper than in most comparable Phuket districts. The premium-leisure renter profile concentrates spending in the November-April window. Outside that window, occupancy in Rawai and Bang Tao typically runs 10-15 percentage points higher because those districts hold larger populations of long-stay residents and digital nomads. Any yield model that uses 70-80% blended occupancy for Surin will overstate returns. We recommend anchoring calculations at 50-60% annually.
Foreign freehold quota depletion. Thai condominium law caps foreign ownership at 49% of total registered floor area per building. In Surin's most in-demand completed projects, that quota is already exhausted or nearly so. We verify quota availability directly with developers and title registries before forming any view on a specific unit.
Common area maintenance (CAM) fees at the premium end are substantial. Projects in Surin typically charge 60-120 THB/sq m per month for shared facilities including pools, security, and reception. For a 45 sq m unit, that equates to 2,700-5,400 THB per month as a fixed cost irrespective of occupancy. This is a material drag on net yield and is sometimes underweighted in developer-supplied projections.
Short-term rental regulation risk. Thailand's Hotel Act formally requires a hotel licence for stays under 30 days. In practice, a significant share of Phuket condominiums operate on Airbnb and similar platforms without full licensing compliance. Our analysts have observed increased regulatory enforcement activity in selected Phuket districts during 2025-2026. Investors should price this regulatory uncertainty into their risk assessment rather than treating current informal practice as permanent.
Currency exposure. Buyers converting from EUR, USD, GBP, or other currencies face ongoing THB exchange-rate risk on rental income and eventual resale proceeds. Over the 24 months to Q1 2026, the THB moved within a range that, at extremes, could shift net returns by 8-12% in home-currency terms. We monitor exchange-rate trends as part of our standard market briefing.
FAQ
What is the price per square metre for a condo in Surin Beach in 2026?
Based on our Q1 2026 data, average asking prices for freehold condominiums in Surin Beach range from 135,000 to 160,000 THB per sq m. At a USD/THB rate of approximately 36, that corresponds to roughly 3,780-4,480 USD per sq m.
Is Surin Beach more expensive than Bang Tao?
Yes, by roughly 10-15% on a per-square-metre basis. Our data shows Bang Tao at 120,000-150,000 THB/sq m versus 135,000-160,000 THB/sq m in Surin. Bang Tao also tends to deliver higher off-season occupancy, which matters for blended annual yield.
What rental yield can realistically be expected in Surin?
We estimate gross yields of 5.5-7.5% per annum using a conservative 55-60% blended occupancy assumption. After deducting property management fees (20-30% of revenue), CAM fees, and applicable taxes, net yield typically falls to around 3.5-5%.
Can a foreign national own a condo unit in Surin Beach outright?
Yes, within the foreign freehold quota of up to 49% of total building floor area. A key procedural requirement is that purchase funds must be remitted from abroad in foreign currency and documented through a Foreign Exchange Transaction Form (FETF) issued by a Thai bank.
How many off-plan projects are currently active near Surin Beach?
As of Q1 2026, we are tracking 4-6 projects under construction within approximately 2 km of Surin Beach, with scheduled completion dates between 2026 and 2028, totalling an estimated 350-500 units.
How does the rental seasonality in Surin compare with other Phuket districts?
High season (November-April) drives 75-85% occupancy in well-managed Surin units. Low season (May-October) drops that figure to 30-45%. By comparison, Rawai holds 45-60% in the low season and Bang Tao reaches 40-55%, owing to their stronger long-stay and resident tenant bases.
What are the monthly ownership costs for a condo in Surin?
CAM fees in premium projects run 60-120 THB/sq m per month. For a 45 sq m unit, that is 2,700-5,400 THB/month. Utilities (electricity, water, internet) add a further 2,000-4,000 THB/month when the unit is occupied.
How far is Surin Beach from Phuket International Airport?
Surin Beach is approximately 20-25 km from Phuket International Airport (HKT). Outside peak traffic hours, the drive takes 25-30 minutes, which is a competitive transit time relative to most of the island's premium districts.
How does Surin Beach compare with Koh Samui in terms of pricing?
Key districts on Koh Samui (Bophut, Chaweng) sit at roughly 80,000-120,000 THB/sq m for condominium units, around 25-40% below Surin Beach levels. Koh Samui offers a different risk-return profile: lower entry cost but a smaller new-project pipeline and more limited direct flight connectivity from European and North American markets.
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