2 Bedroom Penthouse for sale at Waterfront Karon complex · Karon · Sea View
฿ 24 900 000117m²22#6230953
85 active listings · from ฿959K
117m²22#6230953
215m²32Leasehold#6165146
133.05m²22#6145848
207m²22Leasehold#6017382
204m²22Leasehold#6017373
240m²32Leasehold#6017370
230m²32Leasehold#6017358
245m²32Leasehold#6015590
205m²22Leasehold#6015584
200m²22#5964717
300m²33Leasehold#5921383
143m²22#5921214
37m²11#5898553
37m²11#5898481
457m²45Leasehold#5874451
140m²22#5823127
519m²33#5808009
150m²22#5807456
190m²22Leasehold#2009482
57m²11Leasehold#1977781
112.7m²22#1967238
575m²32Leasehold#1916473
72m²12Leasehold#1700530
103m²22#6294402
45m²12#6111018
30m²01#6071252
239.58m²22#6060630
126m²11#1915500
290m²32#1782044
57.61m²21#1065542
85 penthouses for sale across Phuket as of June 2026 — entry at ฿3.5M, median ฿20.0M (฿105,376/m²). The catalog is small by volume — penthouses are a niche tier — but demand is steady from buyers who want a top-floor footprint with private sea views. Every listing flags ownership type and construction status and refreshes daily.
Phuket penthouses are top-floor condo units — not a separate legal category. The Thai Condominium Act's 49% foreign freehold quota applies to penthouses exactly as it does to any other floor in the building. Because penthouses typically represent a small fraction of a building's total saleable area, they are often still available freehold in projects where the foreign quota on lower floors is already partially used. That said, verify quota status with the juristic person before shortlisting — the quota letter dated within 30 days of signing is the single document that distinguishes a freehold sale from a leasehold one.
What distinguishes penthouses in the market is not legal structure but product specification: private rooftop terraces (often 60–150 m²), double-height living rooms, Jacuzzi, and panoramic orientation that cannot be replicated lower in the building. Phuket's coastal zoning law (no new structures above 23m in most zones, and no tower above the surrounding palm line in EIA-restricted areas) means the existing top-floor inventory is genuinely constrained — new supply at this specification cannot be added without a project completion of equivalent scale. For buyers with a capital-appreciation thesis, that supply constraint matters.
A penthouse is legally a condo unit with a top-floor location. Foreign freehold ownership follows Section 19/2 of the Condominium Act B.E. 2522: up to 49% of a building's total saleable floor area can be foreign-owned freehold, with Chanote title transferred directly in the buyer's name at the Land Office. Ownership is freely transferable, heritable, and eligible for fund repatriation via the FET form — provided the purchase funds arrived in Thailand as foreign currency (wire in THB and the FET right is forfeited, a common first-buyer error).
Leasehold (30-year registered lease) applies when a project's foreign quota is exhausted. Following Thai Supreme Court Judgment 4655/2566 (March 2025), pre-agreed 30+30+30 renewal clauses are void beyond the first term — leasehold penthouses should be evaluated on 30-year terms, not 90. The guide to freehold vs leasehold in Thailand covers the ruling, the 2025 legislative shelf-life of the proposed 99-year lease, and the protective-clause toolkit for leasehold purchases.
For the rental angle: short-term rental (<30 days) requires a hotel licence at the building level. Most residential condo buildings — including most of those with penthouses — do not hold one. The legal standard for unlicensed buildings is long-term rental (30+ days), which at ฿2,000–8,000/month for a penthouse in Bang Tao or Kamala produces 3–5% gross yield. Capital appreciation has historically outperformed yield-focused returns in this price tier.
The 85 active penthouses divide unevenly. Four zones hold the bulk of inventory; two carry the strongest signal for different buyer types (all figures from live catalog, June 2026):
Bang Tao — 15 active penthouses. Highest median on the island at ฿26.0M (฿118,400/m²). Entry at ฿12.9M. The Residences Overlooking Layan (7 listings, from ฿22M) anchors the upper end — Layan headland, west-facing sunset orientation, the deepest sea views in the zone. The Laguna corridor's branded infrastructure (Banyan Tree, Anantara) adds rental-programme optionality that few other zones can match. This is the penthouse zone for buyers with a long-term capital appreciation + branded-residence thesis. Bang Tao district →
Kamala — 15 active penthouses. Entry ฿10.0M, median ฿17.9M (฿92,900/m²). The most accessible beachfront-adjacent penthouse market on the island. Icon Park and Zen Space (3 listings each) offer west-facing sea views at a lower price floor than Bang Tao. Kamala is quieter than Patong; this zone suits buyers who want the seaview specification without the Millionaires Mile ceiling.
Patong — 11 active penthouses. Entry ฿7.5M — the lowest zone entry price in the catalog — and the highest ฿/m² at ฿139,100/m². Patong penthouses are concentrated in STR-viable condotel buildings (Bayshore Oceanview Condominium, 4 listings, from ฿7.5M) where hotel licences make short-term rental legally achievable. The trade-off is location character: Patong is the island's most active tourist area. Buyers here are yield-focused, not owner-occupiers.
Surin — 8 active penthouses. Entry ฿5.35M, median ฿17.7M (฿99,200/m²). The Surin-Kamala border is home to a premium villa corridor, and several smaller condo projects with top-floor units have launched here. Inventory is thin but buyers in this zone typically hold 5–10 year horizons.
Phuket's median condo sells at ฿117,000/m² (across all zones); the penthouse median sits at ฿105,376/m² island-wide. That headline figure is misleading: the lower median reflects the fact that Nai Harn's small-unit penthouses (entry ฿3.5M, Utopia Loft) and Rawai units pull the average down. Zone-by-zone, penthouses command a 15–40% ฿/m² premium over the condo average in the same area — Patong's penthouses at ฿139,100/m² vs the zone condo average of ฿110,700/m².
By bedroom tier, 2-bedroom penthouses represent 42% of inventory (36 units) and 3-bedroom units 35% (30 units) — a higher proportion of 3BR than the general condo market, reflecting the space that a top-floor + roof-terrace configuration typically provides.
For zone-level price comparison across all types, see Phuket property prices by district. For new-build penthouse supply in off-plan projects, see off-plan property in Phuket.
Penthouses sit within a building's foreign quota. Read our freehold vs leasehold guide for Thailand before buying.
Yes — penthouses sit within the condo building's foreign quota (49% per Condominium Act). Because penthouses occupy a small share of total saleable area, they're often available freehold even when the main building's foreign quota is partially used by ground-floor units.
Compact penthouses: 80–120 m², 1–2 bedrooms, ฿15–35M. Standard luxury: 150–250 m², 2–3 bedrooms + roof terrace, ฿35–90M. Trophy duplexes: 300–600 m², 3–5 bedrooms, ฿90–250M+. Roof terrace size often equals or exceeds interior area.
Mixed. STR demand is strong (luxury travellers pay $500–2,000/night), but Hotel Act compliance is harder for single-unit STR than for full-building hotels — so legal short-let requires the building's hotel licence. LTR rents at $2,000–8,000/month, giving 3–5% gross. Capital appreciation has historically outperformed yield-focused returns.
Direct sea view commands a 30–60% premium over partial / hillside view in the same building. Sunset orientation (west-facing in Bang Tao, Kamala, Patong) adds another 10–20%. The cliff towers in Kalim and Cape Panwa carry the steepest view-premium curves on the island.