Andamaya Surin Bay
Boutique Surin Bay residence with exceptional returns
Key Facts
| Type | Condominium |
| Completion | Ready to Move In — 2021-11-30 |
| Total Units | 6 |
| Available Units | 6 |
| Area | 69 – 142 m² |
| Price Range | $254,112 – $487,184 |
| Price per m² | $3,698/m² |
Description
Andamaya Surin Bay represents a rare opportunity for European investors seeking completed luxury property in Phuket with immediate income potential. This boutique residence of just six units sits minutes from Surin Beach, one of the island's most prestigious coastal addresses where Michelin-starred dining meets powder-white sand.
The investment fundamentals are exceptional: an 8.3% expected annual ROI combines 5.6% rental yield with steady capital appreciation in Phuket's northwest corridor. With only six residences ranging from 68.71 sqm one-bedroom retreats to expansive 142.2 sqm three-bedroom penthouses, scarcity drives value. Completion in 2021 means your investment generates returns from day one-no construction delays, no waiting periods.
Developed by Thai Project Co., Ltd, the architecture emphasizes privacy and proportion over resort-style amenities. A swimming pool anchors the communal space, while the compact scale ensures owner occupancy rates remain high during peak European winter season. Surin's transformation from bohemian beach hideaway to high-net-worth enclave has pushed property values up 40% since 2019, yet Andamaya's pricing at 131,290 THB per sqm remains below neighboring developments.
For investors familiar with Mediterranean second homes, the lifestyle parallel is clear: mornings at beach clubs like Catch or Bliss, afternoons exploring nearby Kamala's art galleries, evenings at villa restaurants hosting private chef experiences. Varsovia Estate's Phuket team has inspected every unit and can facilitate viewings, legal due diligence, and rental management introductions to maximize your yield from purchase onward.
Available Units
Investment Analysis
$2,277
$27,320
14.0%
10.8%
$373,373
101%
Our calculations are based on a conservative scenario - long-term annual rental contract, which provides stable and predictable income with occupancy rates of 88-95%. Short-term rental (daily/weekly via Airbnb, Booking) can generate 30-60% higher income during peak season, but involves higher risks: seasonal occupancy fluctuations (55-75% average), higher management costs, and furniture/turnover expenses. Rental rates are based on Surin, Phuket market averages for 2024-2025. All calculations are estimates. Actual returns may vary. This is not financial advice.
Amenities
Location
Similar Properties
Price Range
from $254,112(฿9,020,960)
$3,698/m²
Type
Condominium
Area
69–142 m²
Completion
2021-11-30
Available Units
6/6