Developer Payment Plans / Installment Purchase
The Passion Residence Urban
Phuket, Thailand
About This Property
The Passion Residence Urban is a villa development by Passion Residence Co., Ltd. located in Chalong, Phuket. The project is currently under construction with an expected completion in Q3 2026. The development offers 3-bedroom villas with a built area of 240 sq. m. Prices start from THB 13,900,000. Key facts: • Bedrooms: 3 • Size: 240 sq. m • Price from: THB 13,900,000 • Completion: Q3 2026 • Amenities: Swimming Pool
Opportunity Terms
- Starting Price
- $422,287
- Handover Quarter
- Q3 2026
- Unit Types Summary
- 3 Bedrooms from 240 m²
- Fees
- Freehold (Condominium) (~2-6.3%): Transfer fee 2% + stamp duty 0.5% (or SBT 3.3% if seller held < 5 years) + withholding tax. Total burden varies; split between parties is negotiable Leasehold (Lease) (~0.55%): Registration fee - 1% of total lease value + 0.1% stamp duty. Effective buyer cost ~0.55% of purchase price
- Projected Rental Yield
- 5.3%
Unit Variations
3 Bedrooms
$422,287
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 230,000
Est. Monthly Income
THB 162,000
Est. Annual Income
THB 1,944,000
Gross Yield
18.9%
Net Yield
14%
Est. 5-Year Value
THB 19,495,000
Est. 5-Year ROI
110%
Assumptions
Provider default: purchase price 13,900,000, monthly rent 230,000, occupancy 95%, annual appreciation 7%.
Provider/market-based estimates for informational purposes only. Actual rental income, occupancy, expenses, appreciation and returns may vary. Projections are not guaranteed.
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
Neighborhood
To sea: 2015 m. Chalong is a residential hub in southern Phuket, popular with expats and long-term renters. The area is inland, with beaches 6-7 km away by car. Daily shopping, dining, and a mall are within walking distance. Robinson mall 680m away • Mexican bar and Turkish restaurant under 1 km • Karon Beach reachable in 10-12 min by car
Daily Convenience
Robinson mall is under 700m; Lotus's and King Power are within 3 km by car.
Local mall, rated 4.5, 680m walk.
Large supermarket, good range, 2.1 km away.
Market-style stop, rated 3.9, 2.2 km away.
Duty-free retail, rated 3.9, 2.8 km away.
Beach & Nature
Nearest beaches start at 6.2 km; Freedom Elephant Reserve is 2.2 km away.
Wide sandy beach, 6.2 km, 10-12 min drive.
Popular surf beach, 6.8 km, 12-15 min drive.
Quiet cove, less crowded, 6.9 km by car.
Ethical elephant sanctuary, rated 5.0, 2.2 km.
Food & Dining
Four solid restaurants within 3 km, mid-range to pricey, diverse cuisines.
Turkish, rated 4.9, moderate prices, 880m walk.
European bistro, rated 4.8, moderate prices, 1 km.
Popular bar-restaurant, rated 4.5, pricey, 2.7 km.
Thai riverside dining, rated 4.4, mid-range, 2.8 km.
Health & Safety
Bangkok Hospital Siriroj is the nearest major hospital at 5.5 km; Bangkok Hospital Phuket 6.5 km.
Major private hospital, rated 4.3, 5.5 km.
Dermatology specialist clinic, rated 4.9, 6.4 km.
Full-service private hospital, rated 4.3, 6.5 km.
Multi-service clinic in Patong, rated 4.5, 7.2 km.
Kids & Education
Three universities within 8 km; no international schools verified in the immediate area.
State university, rated 4.5, 4.7 km away.
Local vocational college, limited reviews, 7.6 km.
State university, rated 4.6, 7.7 km away.
Getting Around
Bus Terminal 1 is 6.3 km away; Rassada Pier for island ferries is 7.6 km.
Main local bus hub, rated 4.0, 6.3 km.
Police station in Patong area, 7.5 km.
Ferry pier to islands, rated 3.5, 7.6 km.
Long-distance bus terminal, rated 3.7, 8.9 km.
Sports & Leisure
Dolphins Bay dive and water sports centre is 1.4 km; golf, spa, and beach club within 7 km.
Golf course, 18 holes, 6.2 km by car.
Dive and watersports centre, rated 4.6, 1.4 km.
Beach club with pool, rated 4.7, 6.9 km.
Spa and massage, rated 4.5, 7.1 km.
Nightlife & Entertainment
Mexican bar 100m from the project; cinema and evening restaurants within 5 km.
Mexican bar-restaurant, rated 4.9, 100m walk.
Bar-restaurant with live music, pricey, 2.7 km.
Casual bar and restaurant, rated 4.7, 3.8 km.
Multiplex cinema, rated 4.5, 4.9 km away.
$422,287