VIP Tropika Phase 2 - Pre-Sale Condominium in Phuket

PhuketPre-sale
Unit size
29.04–89.92 m²
Bedrooms
0–3
Type
Condo
Completion
May 2029

Description

Phuket's condominium market continues to expand across districts that balance accessibility with relative value, and VIP Tropika Phase 2 enters a segment where foreign buyers typically split between personal-use stays and rental-income strategies. The island sees steady condominium supply, much of it absorbed by investors who rely on the 49-percent foreign-freehold quota that Thai law reserves for qualifying foreign nationals in titled condominium projects. Buyers drawn to areas outside the immediate beachfront clusters often prioritize unit economics and completion timelines over proximity to sand.

This project offers 314 residential units across four layout types. Studios begin at 29.04 sqm, one-bedroom apartments measure 44.65 sqm, two-bedroom units span 59.8 sqm, and three-bedroom configurations reach 89.92 sqm. The unit mix suggests a focus on compact to mid-sized layouts, a configuration that rental-market participants associate with manageable holding costs and broader tenant appeal, particularly among seasonal visitors and digital professionals. Buyers considering rental income should verify current occupancy patterns and management-fee structures in comparable Phuket condominiums before projecting returns.

Completion is scheduled for May 2029. That timeline places the project firmly in pre-sale status, meaning buyers commit to off-plan contracts with staged payments and delivery roughly five years from now. Pre-sale purchases in Thailand typically require careful review of developer track record, construction milestones, and escrow arrangements. Foreign buyers should confirm that the foreign-quota allocation remains available at reservation and that their planned ownership form aligns with Thai condominium law.

On-site infrastructure includes a swimming pool, fitness centre, children's play area, co-working space, residents' lounge, landscaped garden zones, and parking. These amenities reflect current expectations in Phuket's mid-market condominium segment, where communal facilities support both long-stay owner use and short-term rental marketing.

VIP Tropika Phase 2 suits foreign buyers comfortable with pre-sale risk and a medium-term delivery horizon, whether planning periodic personal visits, eventual relocation, or rental-income deployment. Prospective purchasers should engage independent legal counsel to verify quota availability, review the sale-and-purchase agreement, and confirm completion guarantees before transferring reservation deposits.

About the units

Unit sizes29.04–89.92 m²
Bedrooms0–3
Price per m²฿150,000
Total units314
Available units255
Unit typeAreaPrice fromAvailable
Studio29.04 m²฿4,438,000124
1 bedroom44.65 m²฿6,734,00097
2 bedrooms59.8 m²฿9,567,00017
3 bedrooms89.92 m²฿14,513,00017

Rental ROI calculator

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

9.0%
75%
Monthly income (net)
฿24,960
Annual income (net)
฿299,560
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

Property typeCondo
StagePre-sale
CompletionMay 2029
Total units314
Available units255
AreaPhuket

Amenities

PoolGymKids' playgroundCo-workingLoungeGardenParking

Payment plan

Deposit: 200,000 THB for reservation 1st Payment: 30% within 30 days after signed reservation (deposit counted as part of 1st payment) 2nd Payment: 30% when the project starts piling 3rd Payment: 30% when completion of structural columns and roof construction 4th Payment: 10% on transfer ownership

Location

Phuket

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