Wallaya Residence Nai Harn - 285-Unit Condominium in Rawai District

PhuketPre-sale
Unit size
36–94 m²
Bedrooms
0–3
Type
Condo
Completion
Pre-sale

Description

Rawai sits on Phuket's southeastern coast, a district that has evolved from a fishing village into one of the island's most active secondary markets for both year-round foreign residents and investors assembling rental portfolios. The area stretches inland from the shore, where boat services to nearby islands depart, and connects to Nai Harn Beach-a bay popular with families and longer-stay visitors during high season. Infrastructure here includes international schools, supermarkets, healthcare clinics and a dense network of restaurants and coworking spaces, which explains why Rawai attracts digital nomads, retirees and families relocating for extended periods. Condominium supply in the district tends toward mid-rise buildings rather than the high-rise clusters found in Patong or Kamala, and inventory turnover on the resale and rental markets remains steady year-round.

Wallaya Residence Nai Harn is a pre-sale condominium project that will add 285 units to this district once construction completes. The layout mix runs from compact 36-sqm studios through 54-sqm one-bedroom units and 90-sqm two-bedroom apartments to 94-sqm three-bedroom configurations, a spread designed to serve both buyers seeking affordable entry points for rental income and those planning family accommodation or seasonal residence. The project incorporates a swimming pool, fitness facility, 24-hour security and a reception desk-features that align with what tenants booking medium- and long-term stays in Rawai typically expect.

Foreign buyers purchasing condominium units in Thailand can hold freehold title provided the project's foreign-quota allocation has not been exhausted; otherwise, leasehold or Thai-entity structures apply. Buyers should verify which ownership form remains available for their preferred unit type and floor before committing. Since this is a pre-sale development, confirming the projected completion timeline, payment schedule and the developer's track record on previous projects is essential due diligence. Rawai's established rental demand means the property may suit investors targeting tenants who stay for months rather than days, as well as buyers planning their own seasonal use or eventual relocation to Phuket's quieter southern coast.

About the units

Unit sizes36–94 m²
Bedrooms0–3
Price per m²฿120,000
Total units285
Available units171
Unit typeAreaPrice fromAvailable
Studio36 m²฿4,320,00052
1 bedroom54 m²฿6,480,00073
2 bedrooms90 m²฿10,800,00025
3 bedrooms94 m²฿11,280,00021

Rental ROI calculator

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

9.2%
75%
Monthly income (net)
฿24,840
Annual income (net)
฿298,080
Net yield / year
6.9%
Payback period
14.5 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
Total units285
Available units171
AreaPhuket

Amenities

PoolGym24/7 securityReception

Payment plan

30/30/15/15/10

Location

Phuket

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