In May 2025, the biggest unit in Next Point Condominium found its owner. A 197 sqm corner penthouse with direct sea views, 3.2-metre ceilings, and a private elevator that opens straight into the apartment — sold to an investor from Abu Dhabi who compared it against the broader Phuket market and chose this one.
It is not a coincidence that the buyer came from the Middle East.
Why investors from the Gulf are buying in Phuket right now
No capital gains tax when you sell. Annual price appreciation of 4–5% on premium property. Buyers who purchase at the pre-construction stage have recorded resale returns of 20–30% after completion. Add a stable tourist market — Phuket draws millions of visitors every year — and the investment case writes itself.
According to C9 Hotelworks, the total value of branded resort residences on the island hit a record $2.3 billion in 2024. Phuket is the largest branded resort residence market in the world, and it is still growing.
What made this penthouse different
— 197 sqm total area
— 3.2m ceiling height
— unavailable in most competing projects
— Corner layout with three-sided sea views
— Private elevator opening directly into the apartment
— Personal concierge service included in ownership
— Dedicated underground parking space
The penthouse is sold. The project is not.
It is not a coincidence that the buyer came from the Middle East.
Why investors from the Gulf are buying in Phuket right now
No capital gains tax when you sell. Annual price appreciation of 4–5% on premium property. Buyers who purchase at the pre-construction stage have recorded resale returns of 20–30% after completion. Add a stable tourist market — Phuket draws millions of visitors every year — and the investment case writes itself.
According to C9 Hotelworks, the total value of branded resort residences on the island hit a record $2.3 billion in 2024. Phuket is the largest branded resort residence market in the world, and it is still growing.
What made this penthouse different
— 197 sqm total area
— 3.2m ceiling height
— unavailable in most competing projects
— Corner layout with three-sided sea views
— Private elevator opening directly into the apartment
— Personal concierge service included in ownership
— Dedicated underground parking space
The penthouse is sold. The project is not.