Property Update: Urban-style condo launched in the heart of Phuket
PHUKET: Location, location, location is every property expert’s mantra, and Sansiri knows it well. They prove it with their latest Phuket project – THE BASE, located in the very heart of the island.
Situated on five rai of land on the bypass road, THE BASE Uptown is in the middle of Phuket’s retail action, just a stone’s throw away from the island’s commercial center, comprised of the Central Festival Phuket shopping mall, Tesco Lotus, Big C, Index, Makro and a number of other retail centers as well as all three of the islands major hospitals.
Phuket Town is just a short ride to the south and a nearby major throughway provides convenient access to the airport. All this is aimed at delivering an urban lifestyle on a tropical island.
All of the 387 units spread across three seven-storey buildings are 100 per cent complete and ready to move in, and 60 per cent are already sold. The units come in two types, with 351 one-room apartments of 32.5 to 33.5 square meters and 36 two-bedroom units of 55.5 and 57sqm.
To boost sales further, Sansiri has introduced special offers for three upgraded room types with furniture packages, and two room types completely furnished with prices starting at 1.89 million baht. Show units are open to visitors at the site.
Owners will gain access to a number of facilities that include a swimming pool with kid’s pool, a fitness center, landscaped gardens, and a courtyard as well as Wi-Fi in the main lobby and in the swimming pool area. Twenty-two per cent of the project’s footprint is dedicated to parking space capable of accommodating up to 84 cars.
The safety of the project’s inhabitants is guarded by a 24-hour security system and CCTVs, as well as a key-card access system.
The project has a fresh, modern design described by the developer as “modern simplicity” and “vibrant individuality”. The straight lines, clean-cut edges and toned down colors make THE BASE stand out from Phuket’s natural surroundings.
For business-minded buyers, Sansiri offers a “rental for the holidays” program through which owners can receive about a 6 per cent gross yield from their unit’s revenue, depending on length of stay.
For more information, visit: www.sansiri.com/condominium/thebase_uptown_phuket/
— Maciek Klimowicz
Thailand Property FAQ
Can foreigners buy property in Thailand?
Yes. Foreigners can own condominium units freehold, as long as foreign buyers hold no more than 49% of the building's saleable area. Land cannot be owned directly by foreigners; houses are usually held through a 30-year lease — and since a March 2025 Supreme Court ruling, automatic “30+30+30” renewal structures are not enforceable beyond the first 30 years. Read the full foreign-ownership guide.
What is Thailand's 49% foreign quota?
In any condominium project, no more than 49% of the total saleable floor area can be foreign-owned. The quota applies only to condos — not houses, land or leaseholds — and popular buildings in Bangkok, Phuket and Pattaya can hit the cap. How the quota works in practice.
How much are property transfer fees in 2026?
The transfer registration fee is cut to 0.01% (from the standard 2%) and the mortgage registration fee to 0.01% (from 1%) for purchases where both the price and assessed value are 7 million baht or less — extended by the Cabinet on June 30, 2026. On a 6-million-baht home that saves around 120,000 baht. Who qualifies for the cut · Standard fees & who pays what.
Is it better to rent or buy in Thailand as an expat?
It mostly depends on your time horizon: for stays under roughly five years renting usually wins once transfer costs and resale friction are counted, while longer stays can favour buying — especially with 2026's reduced fees. The rent-vs-buy maths for expats.
How much does property cost in Thailand?
A little over 2 million baht buys a freehold one-bedroom condo in central Chiang Mai — the same budget covers only a studio in Bangkok's CBD. Prices vary sharply by region and city. Average prices by region, and what they buy you.
What taxes do property owners pay in Thailand?
Owners pay the annual land and building tax, and rental income is taxable; buyers and sellers split one-off costs like transfer fees, stamp duty or specific business tax depending on the deal. The go-to guide to Thai property taxes.
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