If you dont need or want to be right in the middle of all the bars and clubs in Phuket, then Kata beach would be the perfect choice. It is the best beach on Phuket IMHO and there is still plenty of options of places to eat and a reasonable amount of street shopping within walking distance from most hotels. There will not be much for under 150aus per room per day on absolute beach front at that time of year but the "Tropical Garden Resort" is set on a hillside right across a small, not so busy road, from the best part of the beach and has views to die for. The only negative comments I have heard from the people that I know that have stayed there is that it is a steep climb to get to your room. This critique came from a 55 year old aunty of mine who still smokes 30 cigs a day, but she still said the view made it worth it and she would stay there again.
If you intend on going to the Krabi distict, the 2 areas where most people stay are Ao Nang Beach or Railay Beach. Railay is on a peninsula that is surrounded bt huge limestone cliffs and can only be accessed by boat. The beaches there are great but there is not much to do there apart from rock climb so we choose to stay on Ao Nang were the beaches arent as nice, and catch a 15 minute boat ride to Railay when we wanted beach time. We stayed at the Somkiet Buri which was great and well within your budget. It is about a 10 minute walk to the beach. THe Krabi district is full of National Parks and is worth spending some time there.
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