Completed · Phuket Town, Phuket

The Space Condominium

Phuket Town, Phuket

197Total residences
7Floors
2018Completed

1 BR · 28–33 m²

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The Space Condominium 1
The Space Condominium 2
The Space Condominium 3
The Space Condominium 4
The Space Condominium 5
The Space Condominium 6
The Space Condominium · current gallery, 6 photos01 / 06

ABOUT THE PROJECT

The Space Condominium is a seven-storey residential development completed in 2018, located in Phuket Town—the administrative and commercial heart of the island, distinct from beachfront resort zones. The project comprises 197 units of standalone condominium apartments, representing a mid-scale urban infill development that caters to owner-occupiers and investors seeking exposure to Phuket's working-class residential market rather than tourist-oriented accommodation.

Unit pricing on active listings ranges from 2.6 million to 2.9 million baht, positioning The Space Condominium in the affordable-to-mid segment for Phuket standards. The development is fully operational with established amenities including a communal gym, lounge areas, snooker table, and dedicated car parking—practical facilities aligned with residential rather than lifestyle-premium expectations. Twenty-four-hour security and CCTV surveillance are standard inclusions, reflecting owner-occupant priorities in an urban setting.

As a completed project with over five years of operational history, The Space Condominium has weathered initial market absorption and seasonal demand cycles. The modest active listing count of two units suggests either strong retention by existing owners or limited investor turnover within the development. Phuket Town itself functions as a local residential and business district, characterized by Thai nationals, expatriate workers, and long-term foreign residents rather than transient tourists. Real estate here operates on different mechanics than beachfront or resort-adjacent properties.

For investors, Phuket Town properties typically underperform short-term rental markets due to geographic distance from beaches and limited tourist access—daily rates and occupancy rates trail beachfront comparables significantly. Conversely, long-term rental yield is more predictable, supported by stable local demand from workers in retail, healthcare, education, and government sectors. Foreign ownership is permitted under standard condominium law (maximum 49% foreign-held units per project). The Space Condominium's completion status and established tenant base reduce development risk, reflecting its urban residential positioning within Phuket Town's professional and expat rental market. Investors pursuing LTR-focused portfolios with lower volatility over beachfront speculation may find this profile aligned with buy-and-hold strategy in Phuket Town's utilitarian market segment.

LIFE WITHIN THE PROJECT

Space for your everyday.

7facilities in project data
02 /

Move every day

  • Communal Gym
03 /

Service, close by

  • Reception / Lobby Area
04 /

Arrive & feel secure

  • Car Parking
  • 24H Security
  • CCTV (Video Surveillance)
05 /

Also listed

  • Pool / Snooker Table

From the project's data. Illustrations mark facility categories, not their exact location. Opening hours and access terms are confirmed separately.

LIFE IN THE DEVELOPMENT

Explore the development

Running costsMaintenance, utilities and management
Common-area maintenance (CAM)
The current data does not specify the billing period. An annual budget requires the current tariff and management invoice; arrears and sinking-fund contributions are checked separately.
Electricity, water and internet
Use the contract and invoices for tariffs and included services. For rentals, check separately which bills the tenant pays.
Management, cleaning, repairs and insurance
Depend on chosen services and the unit’s condition. Fixed project amounts are not published in the current data.
Master planOpen the development plan and zoom in

MASTER PLAN

The Space Condominium master plan 1
Location and nearby placesMap, beaches, schools and recreation

LOCATION

Property location on map
Phuket Townphuket-town·PhuketTap to open in Google Maps

NEARBY PLACES

Museums

  • Trick Eye Museum Phuket341 m

International Schools

  • HeadStart International School, Phuket (City Campus)382 m
  • Darasamuth Phuket School684 m

Zoos & Aquariums

  • Aquaria Phuket418 m

Malls & Souks

  • Bath & Bloom Central Phuket Floresta438 m
  • KIS Central Phuket596 m
  • Index Living Mall Phuket1.4 km
  • KING POWER Phuket1.8 km

Sports & Events Venues

  • Surakul Stadium1.2 km
  • Sports Complex PSU Phuket1.7 km

Universities

  • Prince of Songkla University, Phuket Campus1.2 km
  • College of Computing , Prince of Songkla University Phuket Campus1.2 km
Project questionsFacts, buying, location and listings

FREQUENTLY ASKED

The Space Condominium — buyer FAQ

Can foreigners buy a condo at The Space Condominium in Phuket Town?

Yes. Units at The Space Condominium are condominiums, so foreign buyers can own them freehold in their own name within the building's 49% foreign-ownership quota. Once that quota is full, remaining units are available to foreigners on a registered leasehold arrangement, which is standard practice for condominiums across Phuket.

Where is The Space Condominium located in Phuket?

The Space Condominium sits in Phuket Town, the island's inland administrative and commercial capital on the south-east coast. It is close to the Sino-Portuguese Old Town, Central Festival and Floresta malls, Bangkok Hospital Phuket, universities and government offices, placing everyday city amenities within a few minutes of the building.

What is the nearest beach to The Space Condominium?

Phuket Town is inland, not a beach zone. The nearest coast is the south-east shore at Chalong, Cape Panwa and Rawai, roughly 15 to 20 minutes south by car. The classic west-coast sandy beaches such as Patong, Kata and Karon are about 30 minutes away over the hills.

Is The Space Condominium completed and ready to move in?

Yes. The Space Condominium is a completed, finished development, so buyers can view the actual unit, common areas and overall building condition before purchase. Resale units are sold ready to occupy, which suits both owner-occupiers wanting to move in quickly and investors planning to place tenants soon after closing.

Who is The Space Condominium best suited for?

It suits buyers who want a practical year-round base in Phuket's urban heart rather than a beach holiday home. Owner-occupiers, long-term expats, families and professionals valuing hospitals, schools, malls and central island access benefit most, along with investors targeting long-let tenants who live and work in Phuket Town.

Is there current availability at The Space Condominium?

Yes — there are currently 10 active listings at The Space Condominium. Browse the unit tabs (off-plan / resale) to see live inventory and contact our team for a unit-level breakdown.

What is the price range at The Space Condominium?

Current listings at The Space Condominium range from ฿2.5M to ฿3.3M. Entry-level units are typically compact studios or one-bedroom configurations; larger or higher-floor units sit at the upper end.

Find your home at The Space Condominium

A home of your own. A stay on your terms.

Showing 10 of 10 · 10 in this project

Buying: Freehold / Leasehold · fees and taxes

Standard rules, not a transaction quote. Confirm the chosen unit’s tenure, remaining lease term and foreign-quota eligibility. Confirm any reduced rates and the allocation of costs before signing.

Freehold

Ownership transfer
Standard transfer fee: 2% of the official appraised value. The contract determines the agreed cost split.
Seller’s taxes
SBT at 3.3% where applicable; otherwise stamp duty at 0.5%. Do not automatically add both. The base depends on the transaction price and appraisal; withholding tax depends on the seller and applicable rules, not a flat 1% for everyone.

Leasehold

Long-lease registration
Standard registration fee: 1% of total rent for the registered term. Stamp duty: 0.1% (฿1 per ฿1,000 or part thereof); the base includes any contractual lease premium.
Assignment of an existing lease
Lessor consent, remaining term, assignment charges and renewal provisions depend on the contract. The listing price does not replace a contract review; renewal is not guaranteed.

Agency, legal and translation fees: as agreed in service contracts. No uniform NBC agency rate is confirmed; these costs are not automatically included in the asking price.

Rule sources (checked 9 Sep 2026): Thailand.go.th · Department of Lands · Revenue Department · SBT / stamp duty

RESALE MARKET

10 active resale listings

from ฿2.5M

PHOTOS

DISTRICT

Phuket Town

Phuket's coastline divides into fifteen distinct tourist zones, each with its own buyer profile, price band and rental cycle. The luxury west coast — Bang Tao, Layan, Surin, Kamala — runs Aman-tier resorts, golf, beach clubs and the highest absolute prices on the island. Drop south through Patong (the tourist…

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