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Property Vacancy Rates in Phuket: What to Expect

property vacancy rates in Phuket explained

Understanding Property Vacancy Rates in Phuket

When investing in rental real estate in Thailand, understanding property vacancy rates in Phuket is essential. Whether you choose short-term or long-term rental strategies, the occupancy pattern directly affects your return on investment. In this article, we break down how seasonality, location, and pricing impact your property’s vacancy periods.

Phuket Seasonality and Its Impact on Vacancy

Phuket’s tourism-driven market experiences strong seasonal fluctuations. During high season (November to April), rental properties enjoy:

85–95% occupancy
As little as 0–7 days between tenants

However, the low season (May to October) typically results in:

50–70% occupancy
1 to 2 months of average vacancy

Thus, seasonality is one of the primary drivers of property downtime.

Rental Strategy and Vacancy Rates

Short-term rentals (e.g., Airbnb) offer excellent yields during peak months:

Near 100% occupancy in high season
30–40% vacancy during the low season

In contrast, long-term rentals provide more consistent income:

90–95% stable occupancy
2–4 weeks vacancy between leases

Therefore, using a hybrid strategy (long-term + short-term during peak season) is often the most effective solution.

Factors That Influence Property Vacancy Rates in Phuket

1. Location:

Prime tourist areas (e.g., Bang Tao, Kata): minimal vacancies
Remote areas: up to 2x longer downtime

2. Property Condition:

Modern, renovated units reduce vacancy by up to 50%
Outdated properties take longer to rent

3. Pricing Strategy:

Adjusting rent by just 10–15% can cut vacancy periods in half

How Our Team Reduces Vacancies

To ensure your property remains profitable, we offer:

Dynamic pricing algorithms for optimal daily rates
Multi-platform marketing (20+ rental sites)
Flexible lease terms, including discounts for long stays

As a result, our managed units perform exceptionally well. For instance:

Patong condos: only 12 days average annual vacancy
Kamala villas: approximately 28 days per year

Conclusion: Reduce Property Vacancy Rates with Smart Strategy

In conclusion, property vacancy rates in Phuket range from 0 days during peak season to 2–3 months in low season. However, with the right pricing, property condition, and marketing strategy, you can drastically cut downtime.

📊 Need help optimizing your investment?
Request your free vacancy analysis today — we’ll create a customized rental plan to boost your ROI.

Your consultant:

Maxim Belon

Expert in real estate investments in Thailand and other countries.