Sea Heaven - 127-Unit Condominium Development in Phuket
- Unit size
- 37.19 m²
- Type
- Condo
- Completion
- Q1 2026
Description
Foreign buyers typically value Phuket condominiums for the foreign freehold quota that allows direct, unrestricted ownership of up to 49 percent of a project's saleable area. Sea Heaven is structured as a condominium under Thai law, making units within the foreign quota eligible for this ownership form without leasehold or structured arrangements. Buyers should verify quota availability for specific units during due diligence.
The project delivers 127 residential units in a single completion phase. The layout mix includes studio apartments ranging from 35 to 42 square meters and two-bedroom units at 62 square meters. This configuration addresses both owner-occupier demand for compact year-round or seasonal bases and investor interest in rental-ready formats. The scheduled handover is Q1 2026, placing the project in the ready-to-complete category where construction progress and developer track record become central verification points.
Phuket as a location offers established international connectivity, year-round tourism infrastructure, and a mature rental market. Buyers considering rental income should assess local occupancy patterns, management fee structures, and realistic yield expectations for the specific district and unit type. The island attracts both leisure visitors and longer-stay remote workers, creating varied tenant profiles depending on unit size and proximity to beaches, coworking hubs, or family-oriented facilities.
On-site amenities include pool, gym, spa, restaurant, bar, cafe, beach access, tennis court, shopping facilities, parking, 24-hour security with CCTV, reception, concierge services, property management, and smart-home integration. These features support both personal use and rental positioning, though operational quality and management effectiveness should be verified through site visits and current owner feedback where possible.
This development suits foreign buyers seeking freehold condominium ownership in Phuket with delivery in early 2026, either for personal seasonal use or as a rental asset. It is less suitable for buyers requiring immediate occupancy, those prioritizing villa formats with land ownership, or investors relying solely on speculative appreciation. Verification of construction progress, developer financials, ownership documentation, and realistic completion timelines is essential before any commitment.
About the units
| Unit type | Area | Price from | Available |
|---|---|---|---|
| 37.19 m² | ฿5,060,000 | 47 |
Rental ROI calculator
Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.
- Monthly income (net)
- ฿24,350
- Annual income (net)
- ฿292,210
- Net yield / year
- 5.8%
- Payback period
- 17.3 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
**Investment Returns Structure:** • **Years 1-5:** Guaranteed 7% annual returns • **Year 6 onwards:** Profit-sharing arrangements based on operational performance
Location
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