Studio Apartment for sale at Phuket Palace complex · Patong · Sea View

Phuket Palace operates under hotel management, meaning the building maintains commercial housekeeping, front-desk operations, and administrative infrastructure designed for high-frequency guest turnover. The on-site restaurant, communal pool, 24-hour security, CCTV, key-card access, and reception lobby reinforce the hotel environment and reduce owner liability. The cigar lounge and communal garden add lifestyle value for guests. Parking is included—essential in Patong's congested streetscape.

This property suits pure-yield investors comfortable with Patong's STR model: gross annual returns of 9–12% are achievable with professional management, offset by OTA commissions (15–18%), condo maintenance fees, management services, and seasonal vacancy patterns. Net yields typically settle at 3.5–5.5% after all deductions. Investors should note: sub-30-day rentals require hotel licensing under Thai law (Hotel Act B.E. 2547); the juristic person can enforce house rules that restrict or ban STR activity even if the law permits it. Patong's 717-unit inventory and enforcement risk in 2024–2025 demand careful due diligence on the specific building's regulatory standing and rental policy. This unit is suitable for investors with an 8–10 year holding horizon and tolerance for market corrections.