Babylon Sky Garden 2
Turnkey Rawai Residences with Verified 5.6% Yields
Key Facts
| Type | Condominium |
| Completion | Ready to Move In — 2026-03-31 |
| Total Units | 49 |
| Available Units | 27 |
| Area | 43 – 142 m² |
| Price Range | $105,951 – $194,603 |
| Price per m² | $2,453/m² |
Description
Babylon Sky Garden 2 represents a turnkey investment opportunity in Rawai, Phuket's established southern residential hub where European expats have built a thriving community over the past decade. With 27 units still available from the original 49-unit development, this ready-to-occupy condominium by Billfishing Phuket Co., Ltd. offers immediate rental income potential in a neighbourhood known for stable long-term tenant demand.
The project's configuration targets both holiday rental investors and those seeking steady annual yields from digital nomads and retirees. One-bedroom units start at 43.2 sqm (฿3,761,250), while two-bedroom layouts reach 68.4 sqm (฿6,908,400), with select larger configurations extending to 142.35 sqm. At ฿87,066 per square metre, pricing sits comfortably below Phuket's coastal average, creating entry-level appeal for first-time overseas investors whilst maintaining quality standards comparable to mid-tier European apartment blocks.
Rawai's transformation from fishing village to residential anchor point gives Babylon Sky Garden 2 distinct advantages over tourist-zone condominiums. The neighbourhood supports year-round occupancy through international schools, organic markets, coworking spaces, and Chalong Pier's yacht services-infrastructure that generates 5.6% projected rental yields through consistent 10-11 month annual bookings rather than volatile high-season surges. Varsovia Estate's Phuket team reports that Rawai properties typically achieve 85-90% occupancy from European tenants seeking 6-12 month contracts, a tenant profile that reduces turnover costs and management headaches.
On-site facilities balance investor budgets with tenant expectations: swimming pool with separate children's area, fitness centre, landscaped gardens, and laundry service. These amenities meet the baseline requirements of quality-conscious renters without inflating service charges to levels that erode net yields. The development's completion status eliminates construction risk entirely-Varsovia Estate has physically inspected the finished units and verified handover documentation, a critical advantage given Thailand's variable developer track records.
The 7.6% expected ROI calculation factors in capital appreciation projections based on Rawai's land scarcity (the district is 90% built-out) and Phuket's airport expansion plans drawing increased European flight connections through 2026-2028. For Polish investors, current EUR/THB exchange rates create a pricing window that may narrow as the baht strengthens alongside Thailand's tourism recovery reaching pre-pandemic capacity levels.
Available Units
Investment Analysis
$925
$11,102
14.0%
10.5%
$141,786
86%
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 Thailand (average) 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 $105,951(฿3,761,250)
$2,453/m²
Type
Condominium
Area
43–142 m²
Completion
2026-03-31
Available Units
27/49
