Developer Payment Plans / Installment Purchase
Resale · Setthasiri Koh Kaew Retreat
Phuket, Thailand

About This Property
Setthasiri Koh Kaew Retreat presents a singular acquisition: the sole designer show home within the project, a Modern Classic villa positioned directly opposite the British International School Phuket (BISP). The property is delivered fully furnished with curated designer pieces and bespoke decor, requiring no further investment before occupation or rental commencement. Spanning 323 sq.m. across a 89 square wah plot, the residence comprises three generously proportioned bedrooms, five bathrooms finished to an elevated specification, a dedicated home office with straightforward conversion potential to a fourth bedroom, staff quarters with a private bathroom, and parking for three vehicles. The home integrates a 5 kWh Huawei solar system, an EV charging point, digital access control, and five air conditioning units - infrastructure that reflects a considered approach to both sustainability and long-term cost management. The property's show home provenance and proximity to BISP position it as a compelling proposition for the premium rental market, with projected monthly rental income in the range of 150,000 to 180,000 Thai Baht. The target tenant profile - international families and BISP-affiliated households - provides a stable and discerning occupier base. The acquisition is further supported by complimentary common area fees through December 2027 and full coverage of ownership transfer costs by the vendor. The location sits at the centre of Phuket's established premium residential corridor, with Boat Lagoon Marina five minutes distant, Royal Phuket Marina seven minutes, Phuket International Airport thirty minutes, and Bangkok Hospital Phuket within twenty minutes - a combination of leisure, healthcare, and connectivity that defines considered residential positioning.
Opportunity Terms
- Starting Price
- $877,993
- 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
- 5.6%
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
$10,531
Est. Monthly Income
$8,004
Est. Annual Income
$95,955
Gross Yield
13.8%
Net Yield
11%
Est. 5-Year Value
$1,219,639
Est. 5-Year ROI
95%
Assumptions
Provider default: purchase price 28,900,000, monthly rent 350,000, 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.
$877,993
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