Developer Payment Plans / Installment Purchase
VIP Space Odyssey (Phase 2)
Phuket, Thailand
About This Property
VIP Space Odyssey (Phase 2) is a villa development by VIP Thailand Development Company located in Rawai, Phuket. The project offers 2-bedroom villas with a built area of 120 sq m. Completion is scheduled for Q4 2029; the project is currently at the planning stage. The development includes the following shared facilities: • Lobby Area • Cafe • Swimming Pool Rawai is a residential district in the south of Phuket, known for being quieter than the main tourist areas while still providing access to everyday amenities and local markets.
Opportunity Terms
- Starting Price
- $637,988
- Handover Quarter
- Q4 2029
- Payment Plan Summary
- 5-step installment plan
- Unit Types Summary
- 2 Bedrooms from 120 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
- 6.5%
Payment Schedule — Active plan
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Deposit payment For reservation | — | THB 200,000 | Deposit payment For reservation |
| Of the contract Within 30 days after signed reservation and paid deposit (deposit is counted as part of 1st payment) | 30% | THB 6,300,000 | Of the contract Within 30 days after signed reservation and paid deposit (deposit is counted as part of 1st payment) |
| Of the contract When the project starts piling | 30% | THB 6,300,000 | Of the contract When the project starts piling |
| Of the contract Upon completion of structural columns and roof construction | 30% | THB 6,300,000 | Of the contract Upon completion of structural columns and roof construction |
| Of the contract On transfer of ownership | 10% | THB 2,100,000 | Of the contract On transfer of ownership |
Unit Variations
2 Bedrooms
$637,988
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 230,000
Est. Monthly Income
THB 169,000
Est. Annual Income
THB 2,030,000
Gross Yield
12.5%
Net Yield
9.7%
Est. 5-Year Value
THB 29,454,000
Est. 5-Year ROI
89%
Assumptions
Provider default: purchase price 21,000,000, 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. Rawai is a quiet residential district in southern Phuket favored by long-term expats and families. Nai Harn Beach is 1.2 km away; Rawai Beach seafront is 1.3 km. Local markets, massage shops, and casual restaurants are walkable. Nai Harn Beach 1.2 km away • Top-rated dining within 2 km • Quiet expat-friendly residential area
Daily Convenience
Four convenience stores and supermarkets within 2.4 km cover daily shopping needs.
Local minimart, 910m, rated 4.5.
Supermarket, 1.3 km, good range, rated 4.4.
Lotus's chain minimart, 2.0 km, reliable stock.
Popular Rawai minimart, 2.4 km, 423 reviews.
Beach & Nature
Two beaches under 1.3 km, a park at 740m, and Kata Noi Beach reachable at 4.5 km.
Clean swimming beach, calm water, 1.2 km.
Seafront with seafood stalls, 1.3 km.
Small scenic bay, quieter than Nai Harn, 4.5 km.
Green local park, walking distance, rated 4.5.
Food & Dining
Highly rated restaurants from 730m to 1.9 km, covering casual dining to gastrobar options.
Top-rated restaurant, moderate prices, 730m, 3200+ reviews.
Spa and massage, 1.7 km, rated 4.8, 3200+ reviews.
Cafe-restaurant, 1.9 km, rated 4.8, 4500+ reviews.
Gastrobar, 1.9 km, rated 4.9, 2500+ reviews.
Health & Safety
Four medical clinics available from 5.4 km, all rated 4.7 or higher.
Clinic in Kata, 5.4 km, rated 4.8.
General practice clinic, Kata-Karon, 5.5 km, rated 4.8.
Medical clinic, 6.4 km, rated 5.0, 421 reviews.
Multi-area clinic, 8.5 km, rated 4.7.
Kids & Education
Dive schools and water sports centers from 4.7 km, all rated 4.9 or above.
Dive, freedive, surf school, 4.7 km, rated 4.9.
Fitness club, 5.1 km, rated 4.8, 297 reviews.
Scuba diving and snorkeling tours, 6.1 km, rated 4.9.
Reputable dive operator, 6.1 km, rated 5.0, 1100+ reviews.
Getting Around
Songthaew stops serve Chalong and Patong; Patong Beach is 14 km by road.
Songthaew stop near Chalong Temple, 8.4 km.
Stop near Phuket PEA Patong, 13 km.
Stop near Bangla Police Station, 14 km.
Stop at Patong Beach, 14 km.
Sports & Leisure
Spa, massage, and golf options from 1.7 km to 16 km; top-rated spa under 2 km.
Golf club, 18-hole course, 16 km.
Top spa, 1.7 km, rated 4.8, 3200+ reviews.
Spa and massage on Patak Rd, 6.0 km, rated 4.8.
Dolphin encounter and marine activity center, 9.0 km.
Nightlife & Entertainment
Evening dining and bars from 1.9 km to 4.8 km, with low to moderate prices.
Gastrobar, 1.9 km, rated 4.9, lively evenings.
Deli and kitchen, 4.5 km, rated 4.7, casual dining.
Restaurant-bar at Kata Beach, 4.5 km, rated 4.8.
Bar and grill, 4.8 km, inexpensive, rated 4.7.
$637,988
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