Essence - Condominium Project in Phuket
- Unit size
- 52.34–80.82 m²
- Bedrooms
- 0–2
- Type
- Condo
- Completion
- Dec 2026
Description
Who this property suits: buyers who want a furnished, smart-home-equipped unit with an on-site rental programme and a guaranteed rental return. The project is sized at 80 units, which is small enough to keep common-area management straightforward, and large enough to support a professional concierge and a dedicated co-working space.
Practical details to verify before committing: the completion date is listed as December 2026, so buyers should request the official construction permit and a current build-progress report from the developer. Confirm in writing which furniture package is included, how the guaranteed rental programme is structured and what the management fee covers. Also check whether the parking allocation is assigned or common-pool.
Unit configurations and areas: studios measure 52.74 sq m, one-bedroom units measure 52.34 sq m and two-bedroom units reach 80.82 sq m. Each unit comes with a balcony and is delivered furnished with smart-home controls installed. The modest size difference between the studio and the one-bedroom layout means buyers should compare the floor plans carefully before choosing.
Building infrastructure: the project includes two pool options, an infinity pool and a standard pool. Residents also have access to a gym, a yoga room, a sauna and a cinema room. Common social areas include a rooftop bar, a lounge, a cafe, a restaurant and a lobby with concierge. Families will find a kids' playground on site. An elevator serves all floors, and laundry facilities are available in the building.
Phuket context: Phuket is a well-established destination for foreign condominium ownership under Thai freehold law, which caps foreign ownership at 49 percent of total units in any single building. Buyers should verify how many units in this project remain in the foreign quota before reserving. Legal due diligence through an independent Thai property lawyer is strongly recommended for any off-plan purchase.
Summary: Essence is a compact, amenity-rich project with a clear handover target and a built-in rental framework. It fits buyers who plan to hold the unit as an income-generating asset and want professional on-site management from day one.
About the units
| Unit type | Area | Price from | Available |
|---|---|---|---|
| Studio | 52.74 m² | ฿6,068,000 | 9 |
| 1 bedroom | 52.34 m² | ฿5,348,000 | 29 |
| 2 bedrooms | 80.82 m² | ฿10,570,000 | 15 |
Rental ROI calculator
Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.
- Monthly income (net)
- ฿30,080
- Annual income (net)
- ฿360,990
- Net yield / year
- 6.8%
- Payback period
- 14.8 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
Amenities
Payment plan
Reservation Fee - 2% 1st payment (Contract signing, 15 days after reservation) - 33% 2nd payment (30.06.2026, facade and glazing completed) - 50% 3rd payment (30.12.2026, unit handover) - 15%
Location
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