Lakelands Waterside Residences - Bang Tao Condominium

PhuketUnder construction
Unit size
48–76 m²
Bedrooms
1–3
Type
Condo
Completion
Oct 2027

Description

Foreign buyers typically look at Bang Tao for its established expatriate infrastructure, international schools, beach clubs along a six-kilometer coastline, and proximity to Laguna Phuket's integrated resort zone. The district balances daily conveniences with resort amenities, suiting both long-term residents and seasonal users who want reliable services year-round.

Lakelands Waterside Residences is a 297-unit condominium development delivering one-, two-, and three-bedroom configurations. One-bedroom units measure 48 sqm, two-bedroom apartments span 70 sqm, and three-bedroom residences offer 76 sqm of internal area. The project also includes larger penthouses reaching 260 sqm, though detailed layout breakdowns for those upper-tier units are not specified in available parameters. Buyers should request floor plans and unit inventories directly to confirm availability across bedroom counts and exposure.

As a condominium under Thai law, this property type allows foreign nationals to acquire units under the freehold foreign quota, which permits up to 49 percent of the project's saleable area to be sold freehold to non-Thai buyers. Units outside that quota are held on leasehold terms, typically structured as 30-year renewable agreements. Prospective buyers should verify which ownership form applies to their specific unit and ensure the foreign quota allocation is documented in the purchase contract before transfer.

The scheduled completion is October 2027. Pre-construction purchases carry timeline risk, so buyers should review the developer's track record, construction milestones, payment schedules tied to progress, and any escrow or completion guarantees. Visiting the site during construction and confirming building permits through the local land office adds due diligence layers that reduce delivery uncertainty.

Lakelands Waterside Residences suits buyers prioritizing access to Bang Tao's beach clubs, golf courses, and international community over urban Patong or Phuket Town proximity. The inclusion of a rental program may appeal to investors seeking passive income, though buyers should model realistic occupancy and management fees rather than rely on projected yields. Families relocating for work or education, retirees planning extended stays, and second-home buyers using the property seasonally all find workable scenarios in Bang Tao, provided they accept the area's higher price point and resort-zone character. Buyers seeking walkable street life, nightlife density, or budget positioning should explore alternative Phuket districts instead.

About the units

Unit sizes48–76 m²
Bedrooms1–3
Price per m²฿166,670
Total units293
Available units80
Unit typeAreaPrice fromAvailable
1 bedroom48 m²฿8,000,00020
2 bedrooms70 m²฿11,670,00029
3 bedrooms76 m²฿15,330,00031

Rental ROI calculator

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

10.5%
75%
Monthly income (net)
฿52,500
Annual income (net)
฿630,000
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

Property typeCondo
StageUnder construction
CompletionOct 2027
Total units293
Available units80
AreaPhuket

Amenities

Infinity poolPrivate poolConciergeBeach accessClubhouseGardenJogging trackSpaFurnished24/7 securityRental program

Payment plan

Construction Payment Plan: 20% - Upon signing contract 20% - When construction is 25% complete 20% - When construction is 50% complete 20% - When construction is 75% complete 20% - Upon completion of construction Deferred Payment Plan: 20% - Upon signing contract 10% - When construction is 25% complete 10% - When construction is 50% complete 10% - When construction is 75% complete 50% - Post construction payments (1-5 year financing at 3-7% interest)

Location

Phuket

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