Sole Mio Residences - Phuket Condominium Development

PhuketPre-sale
Unit size
57.25–857.4 m²
Bedrooms
1–4
Type
Condo
Completion
Jan 2019

Description

Sole Mio Residences is a 73-unit condominium development in Phuket, designed to serve both residential and investment-oriented foreign buyers. The project entered pre-sale status ahead of its planned 2019 completion, positioning itself as a new-launch opportunity in the Phuket condominium market.

The project comprises four layout configurations. One-bedroom units start at 50.1 sqm, suitable for single buyers or couples seeking a compact base in Phuket. Two-bedroom apartments measure 72.88 sqm, offering additional space for small families or buyers planning extended stays. Three-bedroom units span 188.34 sqm, providing substantial living areas for larger households or buyers interested in higher-end rental positioning. A four-bedroom configuration at 467.88 sqm represents the project's penthouse-level offering, designed for buyers seeking exceptional interior space and premium amenities access.

On-site facilities include a swimming pool, restaurant, spa, fitness center, and medical services. This amenity package targets buyers prioritizing wellness infrastructure and on-site dining, reducing reliance on external services for daily convenience. The inclusion of medical services is relatively uncommon in Phuket condominium projects and may appeal to retirees or long-stay residents.

As a condominium, Sole Mio Residences falls under Thai law allowing up to 49 percent of total project area to be sold as foreign freehold. Foreign buyers typically acquire condominium units outright under this quota, provided the developer maintains the legal ratio and the buyer transfers funds from abroad in foreign currency, documented by a Foreign Exchange Transaction Form. Buyers should verify current quota availability and unit registration status with the developer before committing.

The project suits foreign buyers seeking a serviced condominium environment in Phuket, whether for personal use, seasonal residence, or rental income generation. Buyers targeting investment returns should independently assess Phuket's rental market conditions, typical occupancy rates for this location and unit mix, and all ownership transfer requirements. Pre-sale acquisitions carry completion risk, and buyers should review construction timelines, developer track record, and escrow or payment structures before proceeding.

About the units

Unit sizes57.25–857.4 m²
Bedrooms1–4
Price per m²฿187,000
Total units61
Available units36
Unit typeAreaPrice fromAvailable
1 bedroom57.25 m²฿10,705,0001
2 bedrooms72.88 m²฿12,025,00033
3 bedrooms487.47 m²฿110,000,0001
4 bedrooms857.4 m²฿197,000,0001

Rental ROI calculator

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

10.2%
75%
Monthly income (net)
฿68,240
Annual income (net)
฿818,930
Net yield / year
7.6%
Payback period
13.1 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
StagePre-sale
CompletionJan 2019
Total units61
Available units36
AreaPhuket

Amenities

PoolRestaurantSpaGymMeditsinskie uslugi

Location

Phuket

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