Experience Unparalleled
Luxury in Thailand
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Novaa Global was born out of a real problem when we, as experienced real estate professionals, tried to invest in Thailand, we found the process confusing, scattered, and filled with roadblocks.
If it was this hard for us, how were other Indians and NRIs supposed to navigate it? So we built a model we wished existed. A simpler, smarter way to invest globally with clarity, trust, and end-to-end support.
With vast experience of over 20 years in finance and real estate, we strongly propagate investing in global markets as a smart edge for your portfolio. Thailand has always been close to my heart, and discovering the opportunity to own freehold property there inspired me to bring this vision to life and take it to the world.
With tourism revenue at ฿550 billion Baht in 2025, making Phuket Thailand’s top-earning province and a real estate market growing 6–10% annually, now is the time to explore high-potential opportunities in coastal investment.
Phuket offers more than beachfront views, it delivers solid returns, high rental demand, and long-term stability in one of Asia’s most dynamic coastal economies.
Having a strong geographical advantage an island with water on all four sides, Phuket has limited land availability with only 20% of the island open for development. Strict height regulations (capped at 23 meters, or approximately 7 floors) further restrict supply.
With real estate demand rising and government investments boosting infrastructure and foreign interest, Phuket is well-positioned for strong capital appreciation estimated at 6–10% per annum.
Phuket welcomes over 13 million international tourists each year, making it the richest province in Thailand despite being a small island. This sustained tourism demand translates into consistently high rental yields ranging from 7–12% per annum. In 2024, the average occupancy rate stood at 79%. Compared to other global destinations, Phuket’s lower entry price point means higher net rental yields for investors.
Foreigners are legally allowed to own condominiums on a freehold basis, up to 49% of the total building area. This ownership is secure, transferrable, and can be passed down through Generation to generation making it a smart, long-term asset in your global portfolio.
Phuket offers a lifestyle that rivals the most premium addresses in India at a fraction of the cost. magine what ₹15 Cr might get you in a metro city now imagine living that experience for ₹1 Cr or less. From white-sand beaches and ocean-view apartments to vibrant nightlife, gourmet dining, wellness retreats, and a pace of life that feels like a permanent vacation. Phuket delivers a lifestyle that blends luxury with laid-back island charm.
Whether you're working remotely, retiring early, or simply aspire higher returns on your investment Phuket offers more value than most real estate investment.
Discover the beauty and development of Phuket Island
At Novaa, we redefine the investment experience by offering end-to-end solutions tailored for you.
After analysing the entire market, we’ve identified various options keeping in mind buyer behaviour, pricing and rental yields.
We help you secure the right ownership model and ensure your property is positioned for strong returns.
No guesswork. Just clear answers, real timelines, and open communication from day one.
With 20+ years of experience across both markets, we understand the nuances, regulations.
We’re with you right from the point of discovery to the point of exit, easing your real estate investment journey at every stage.
From ensuring RBI compliance under the LRS route and transferring funds in line with Thai law.
Yes, foreigners can own condominiums in Phuket under freehold ownership, provided that the total foreign ownership in a development does not exceed 49% of the building’s total area. The remaining 51% can be owned by Thai citizens or Foreginers on Leasehold. However , foreigners are not permitted to purchase land in Phuket.
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Phuket's turquoise waters and booming tourism aren't just vacation fodder—they're a savvy investor's dream, especially for Indian HNIs tired of Mumbai's sky-high prices or Goa's seasonal slumps. With Phuket's property market surging 24% in H1 2025 and yields hitting 8-10%, it's no wonder cross-border buyers are eyeing beachfront condos and villas. But let's cut the hype: Buying abroad means hidden fees, foreign rules, and currency math. In this no-fluff guide, we'll unpack Phuket's true costs—purchase prices, taxes, ongoing bites—and stack it against Mumbai and Goa for a head-to-head. Spoiler: Phuket often delivers more bang (and beach) for your buck, with total ownership costs 20-30% lower upfront and double the rental returns. Ready to crunch numbers?
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