The Balcony - Beachfront Condominium, Phuket

PhuketBeach · 1 min walkUnder construction
Unit size
33–139.4 m²
Bedrooms
1–3
Type
Condo
Completion
Mar 2028

Description

Phuket remains one of Southeast Asia's most active markets for foreign condominium buyers, and the coastal position of The Balcony places it squarely in the segment where international demand is strongest: direct beach access, sea views, and a resort-scale amenity set that supports both personal use and rental income. That combination does not guarantee returns, but it defines the buyer profile this project is designed for.

The project delivers 211 units across three layout types. One-bedroom units start at 33 sq m, two-bedroom units measure approximately 50 sq m, and three-bedroom units reach 139 sq m. That range covers solo buyers and couples at the compact end, and families or buyers wanting larger floor plates at the top. The scale of the amenity provision, which spans multiple pools, jacuzzis, a lap pool, a yoga lawn, fitness and wellness facilities, and dedicated children's areas, is calibrated for a development that expects a mix of long-stay residents and shorter rental occupancies.

Foreign nationals can hold Thai condominium units under freehold title, provided the building's foreign-ownership quota (up to 49 percent of total floor area) has not been exhausted. Buyers should verify the remaining foreign-quota availability directly with the developer before committing. This is standard due diligence for any condo purchase in Thailand and is not specific to this project.

The Balcony is under construction, with a scheduled handover in March 2028. That is roughly three years from now, which carries typical off-plan risk: construction timelines in Thailand can shift, and buyers should review the purchase contract carefully for completion guarantees, penalty clauses, and the payment schedule structure. An installment plan is available, which is relevant for buyers managing cash flow across the construction period.

This project suits buyers seeking a beachfront position in Phuket with a broad amenity offering, comfort with a 2028 delivery window, and either a lifestyle use case or a long-term rental income strategy. It is less suited to buyers who need immediate occupancy, are uncomfortable with off-plan risk, or require guaranteed yield projections before purchasing. Independent legal advice from a Thai property lawyer is strongly recommended before signing.

About the units

Unit sizes33–139.4 m²
Bedrooms1–3
Price per m²฿182,280
Total units217
Available units100
Unit typeAreaPrice fromAvailable
1 bedroom33 m²฿6,015,00046
2 bedrooms50.03 m²฿8,654,00054
3 bedrooms139.4 m²฿26,709,0000

Rental ROI calculator

Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.

10.5%
75%
Monthly income (net)
฿39,470
Annual income (net)
฿473,680
Net yield / year
7.9%
Payback period
12.7 yrs

Indicative model, not a guarantee of income. Net figures assume ~25% of gross income goes to management and upkeep; the yield estimate is normalised to 75% occupancy. Rental income, taxes and fees must be confirmed per project before purchase.

About the project

DeveloperAssetWise Public Company Limited
Property typeCondo
StageUnder construction
CompletionMar 2028
Total units217
Available units100
AreaPhuket

Amenities

Beach EntranceSea View PavillionThe Coastal Yoga LawnThe Sand Lounge with Sunbathing AreaStarry PoolSunbath IslandWhirlpool (250 m)Costa JacuzziesCosta PavillionLap Pool 6x25mLaguna JacuzziLaguna PavillionTherapy PoolMulti function & Sunbathing AreaKid Park with TreehouseMulti function & Sunbathing LawnKid Sea with Toddler PoolCliff PoolForesta Pool with Water FeatureBalcony Terrace with Sunbath AreaForesta JacuzziWalking TrackDrop OffMain GateVisitor Parking & Buggy AreaThe Front YardLobby LoungeGymBoxing ZoneSteamSaunaFemale Sauna & Onsen RoomPlayroom with Board Game ZoneSemi Outdoor Lounge with Treehouse View

Payment plan

1. Booking deposit: 100,000 THB (Penthouse: 300,000 THB) 2. Contract payment: 25% 3. 1st Installment payment: 25% 4. 2nd Installment payment: 25% 5. Transfer of ownership: 25%

Location

PhuketBeach · 1 min walk

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