MAX phase materials have caught the attention of researchers due to their unique combination of properties; their nanolaminated structure gives this family of materials the excellent attributes characteristic of both metal and ceramic compounds. MAX phase foams have a great potential for various applications where tailored functional and mechanical properties are required, such as high electrical and thermal conductivity, high elastic stiffness and low thermal expansion coefficient. In this study, Ti2AlC and Ti3SiC2 MAX phase foams with controlled porosity and pore size, where produced. The foams where produced from powders using crystalline carbohydrate as space holder. Consolidation was performed by cold isostatic pressing followed by complete dissolution of the water-leachable space-holder and pressureless vacuum sintering. The physicochemical properties of porous was studied in depth in order to access their suitability of applications such as catalytic devices on vehicles, heat exchangers or impact resistant structures. The study was performed on isostatic consolidated samples with different amount (20–60 vol%) and size of space holder (250–1000 μm) and in samples without space holder. Oxidation tests were performed at different temperatures for each material depending on their maximum service temperature. In order to understand the oxidation mechanism, oxidation kinetics were analysed to determine the influence of size and amount of porosity in each case. Electrical and thermal conductivity where studied at room temperature and at temperature up to 1000 °C. Gas permeability and the coefficient of thermal expiation was also measured for all foams produced. It is established that these porous MAX phases have suitable properties for their use as catalytic substrates, heat exchanges, high temperature filters or volumetric solar receivers.