Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Readers should conduct their own research or consult a licensed financial advisor before making any real estate investment decisions.
A well-developed tourist infrastructure, a steady flow of visitors year-round, and stunning tropical landscapes with beaches lapped by turquoise waters make Phuket one of the most appealing destinations for real estate investment. In 2024, the island’s tourism revenue reached approximately 14 billion USD (around 497.5 billion THB), reflecting its strong and resilient economy driven by global visitor demand. Some buyers look for properties to generate income, while others choose a home for their own living and holidays by the ocean.
Our review focuses on Legion Real Estate, a company that has recently entered the Phuket market but has already established a solid reputation. Its team closely monitors market trends and carefully selects the best options from reliable developers. The agency states that it reviews properties before offering them to clients.
What Should You Know about Legion Real Estate?
The founder of Legion Real Estate is Aleksandr Guliaiev, an expert originally from Ukraine. He has extensive entrepreneurial experience in various industries, including Apple product sales, the automotive sector, and real estate in Ukraine. In 2023, he expanded beyond Ukraine by establishing it, a company that first operated on the Bali market and is now actively growing in Phuket.
So, what does it offer its clients? According to Aleksandr Guliaiev, his team:
- According to the company, it collaborates with developers who have established reputations and offers project audits to reduce potential risks.
- Provides free project audits and minimizes risks.
- Offers a broad portfolio of properties across the island to fit any budget.
- Ensures full legal support for transactions.
- Assists with resale and reinvestment after the purchase.
The company reports that it collaborates with select developers and monitors market trends to identify promising opportunities. Who can become a client? People from all over the world turn to the agency, where they receive guidance and support from the moment they choose a property to generate income.
Legion Real Estate: Where Is the Best Place to Invest in Phuket?
Legion Real Estate offers a diverse range of properties that vary in size, infrastructure, and proximity to the beach. Each of them comes with a projected annual return of 6–8%.
Laya Resort Phuket
A premium residential complex on Phuket’s west coast, where modern luxury meets the serene beauty of Layan Beach. Surrounded by lush greenery and located next to Sirinat National Park, the resort is just 15 minutes from the airport. Nearby, you’ll find vibrant beach clubs, colorful local markets, and numerous attractions.
Laya Resort Phuket targets families and couples seeking a quieter location near the sea. The complex features tropical pools, a wellness spa, restaurants, and a kids’ club, with a projected ROI of 8% per year.
Wallaya Residence
A luxurious condominium bathed in sunlight and surrounded by nature, designed for those who value peace and comfort. The project seamlessly blends modern, thoughtful design with elegance and an abundance of greenery.
Located in southern Phuket, just 2 km from the ocean, Wallaya Residence offers a range of amenities, including restaurants, a large pool, a modern fitness center, a spa, and even an outdoor summer cinema. Within easy reach are supermarkets, Rawai Water Park, Promthep Cape, and the Big Buddha (just 13 km away), with a projected ROI of 8% per year.
The KataBello
A contemporary complex in a scenic area with everything needed for comfortable living. The KataBello is situated in one of Phuket’s most popular neighborhoods, just 650 meters from Kata Beach, renowned for its pristine white sand and turquoise waters.
The complex offers swimming pools, a lobby, cafés, coworking spaces, a kids’ room, and a wellness center, with a projected ROI of 8% per year.
Sea Heaven Phuket Nai Thon
One of the most significant projects in Phuket is situated near the international airport and within walking distance of the coast. The development offers a comprehensive range of amenities for both an active and relaxed lifestyle, including swimming pools, a fitness center, a spa, a children’s playground, and coworking spaces for work and meetings.
Sea Heaven Phuket borders a protected reserve, offering residents a unique blend of natural privacy and convenient access to amenities, including shops, cafes, and restaurants. Projected ROI:8% per year.
Legion Real Estate on Investing in Phuket
Advice from Aleksandr Guliaiev and the experts at Legion Real Estate:
- Define your goal. Decide in advance what matters most: generating rental income immediately, focusing on long-term returns, or buying with the intention of reselling.
- Evaluate profitability and expenses. Their clients receive projected ROI figures for each project, factoring in all costs, including taxes, utilities, and management fees. Seasonality is also a consideration: Phuket has a peak tourist season, which directly impacts short-term rental income.
- Consider infrastructure and transport. Proximity to the airport, beaches, shops, and entertainment increases both the property’s value and rental demand.
“Company representatives assist clients throughout the property selection process and provide legal guidance to support informed investment decisions,” says Aleksandr Guliaiev in an interview.
Phuket Real Estate Market Outlook
What trends are we seeing, and what can investors expect? Here’s what we’ve found:
“In recent years, land prices in Phuket have been rising rapidly. A plot that used to cost around 8,000,000 THB is now priced from 15,000,000 THB. Naturally, this pushes housing prices up as well, which is why properties under $100,000 have nearly disappeared,” the agency representatives note.
“What are developers doing? They try to offset the price increase by reducing unit sizes. But in practice, apartments under 25 sq. m. are not popular with clients. They’re harder to rent out and lose liquidity on resale. That’s why it only offers properties starting from 25 sq. m.,” explains Aleksandr Guliaiev.
New conditions set new rules, but this doesn’t make Phuket any less appealing for investors. With the right acquisition strategy and guidance from professionals, success in the updated market remains highly achievable.
What Do Clients Say About Working with Legion Real Estate?
There are numerous reviews from investors, and the majority are positive. Clients note that working with it is a comfortable and straightforward experience. The agency’s experts provide a complete real estate market analysis, assist in selecting a property, and guide clients through the entire transaction from start to finish. Another key advantage is their strong focus on legal support; everything is handled clearly, quickly, and professionally.
According to client reviews, investment returns are generally received as expected. Everything works out exactly as planned from the beginning.
The agency offers services including installment plans, property audits, and legal support to clients purchasing real estate in Phuket. The company promotes its Phuket properties as low-risk investment options designed for client convenience.