Developer Payment Plans / Installment Purchase
Above Element
Phuket, Thailand
About This Property
Above Element is a 263-unit condominium development in Bang Tao, Phuket, featuring 38 sqm studio apartments starting from THB 4.99 million (THB 131,316 per sqm). The project comprises two seven-story towers scheduled for Q4 2025 completion. Amenities include infinity pool, rooftop garden, gym, restaurant, co-working spaces, kids club, library, and daily shuttle service to beaches. All units come with built-in furniture packages and premium finishes for immediate rental readiness. Located in Bang Tao's established luxury ecosystem with 8-kilometer beach frontage, championship golf courses, and upscale retail complexes. The area maintains strong rental demand from its proximity to Laguna Phuket resort complex and international amenities, positioning this pre-launch opportunity for both capital growth and rental income.
Opportunity Terms
- Starting Price
- $174,383
- Handover Quarter
- Q4 2025
- Payment Plan Summary
- 4-step installment plan. Additional variants available: 8% Discount, 21% Discount Using 7% Guaranteed ROI Return for 3 Years. Ask Eden Lane for details.
- Unit Types Summary
- 1 Bedroom from 38 m² · 3 Bedrooms from 138 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
- 6.2%
Payment Schedule — The Classic
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation fee | — | $4,542 | Reservation fee |
| Contract Signing within 30 | 35% | $60,829 | Contract Signing within 30 |
| Completion of Unit and Move-In | 60% | $104,279 | Completion of Unit and Move-In |
| Transfer Ownership and Register | 5% | $8,690 | Transfer Ownership and Register |
Unit Variations
1 Bedroom
$174,383
3 Bedrooms
$598,858
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
$1,605
Est. Monthly Income
$1,151
Est. Annual Income
$13,928
Gross Yield
10.5%
Net Yield
8%
Est. 5-Year Value
$243,771
Est. 5-Year ROI
80%
Assumptions
Provider default: purchase price 5,740,000, monthly rent 53,000, 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. Bang Tao is a mid-to-upscale residential area popular with expats and long-term renters. Bang Tao Beach is 2 km away, reachable by car or scooter. Boat Avenue and Porto de Phuket put daily shopping and dining within a 10-minute walk. Bang Tao Beach 2 km away • Villa Market and Tops within 860m • Laguna Golf Course 700m from the project
Daily Convenience
Two supermarkets and a mall are within 870m; a third supermarket is at 1.6 km.
Expat-focused supermarket; imported goods, mid-range prices.
Open-air lifestyle mall; dining, retail, services.
Full-format food hall; fresh produce, wide range.
Budget supermarket; local staples, affordable prices.
Beach & Nature
Bang Tao Beach is 2 km away; two more beaches and an elephant park are within 4.3 km.
Long sandy beach; calm water, some sun lounger vendors.
Quieter, less developed beach; good for walks.
Rockier beach with upscale beach clubs nearby.
Ethical elephant sanctuary; rated 4.6, very close.
Food & Dining
Top-rated Italian and French restaurants under 800m; casual dining and a nature reserve café within 3 km.
Italian restaurant; rated 4.9 from 9,000+ reviews.
French bistro; moderate prices, rated 4.8.
Casual bar and restaurant; moderate prices, rated 4.7.
Café at elephant reserve; rated 4.9, scenic setting.
Health & Safety
Two clinics at 650m; a third clinic at 1.9 km and an aesthetic clinic 9 km away.
General clinic; rated 4.8, very close.
Medical clinic, Laguna branch; rated 4.8.
General clinic; rated 4.9, 1.9 km away.
Aesthetic and dermatology clinic; rated 4.9, 9 km.
Kids & Education
An international kindergarten is at 830m; a kids' café and local school are also nearby.
Kids' activity café; moderate prices, rated 4.4.
International kindergarten; rated 5.0, under 1 km.
Local Thai school; 3.1 km away, rated 4.5.
Tennis club; rated 5.0, 9.4 km away.
Getting Around
Phuket International Airport is 12 km away; no public transit - car or taxi required.
Small private airpark; rated 4.9, 10 km.
Main international airport; 12 km, rated 4.0.
Airport entry point; 12 km, rated 4.3.
Long-distance bus terminal; 13 km, rated 3.7.
Sports & Leisure
A golf course is 700m away; spas and a Muay Thai gym are within 5.4 km.
18-hole golf course; Laguna complex, 700m walk.
Spa in Laguna; rated 4.8, over 1,100 reviews.
Muay Thai and MMA gym; rated 4.8, popular.
Oasis Spa Kamala branch; rated 4.8, 5.4 km.
Nightlife & Entertainment
Two beach clubs and a bar-restaurant are within 2.3 km; an art gallery-restaurant is at 1.9 km.
Beach club at Laguna; pool, music, daytime focus.
Art gallery and restaurant; rated 4.8, creative space.
Beach club on Bang Tao Beach; lively daytime scene.
Bar and restaurant; moderate prices, rated 4.7.
$174,383