16 photos

Heart by Botanica

Lagoon-Integrated Resort Living With Proven Developer Returns

from $193,352(฿6,864,000)from $4,394/m²
Choeng Thale, Si Sunthon, Thalang District, Phuket Province, 83110, Thailand Phuket, Thailand
CondominiumPre-sale345 total units3 unit types

Key Facts

TypeCondominium
CompletionPre-sale —
Total Units345
Available Units3 unit types
Area44 – 145 m²
Price Range$193,352$689,703
Price per m²$4,394/m²

Description

Phuket's rental market has delivered consistent 7% yields for well-positioned projects, and Heart by Botanica captures this opportunity with surgical precision. Developed by Botanica, whose Laguna portfolio has appreciated 40% over five years, this 345-unit complex targets the European second-home buyer seeking turnkey tropical living. The three mid-rise blocks frame a landscaped lagoon that serves as both aesthetic centerpiece and natural cooling system-a design feature rarely executed at this price point.

Location economics favor this pocket of Phuket's northwest coast: five minutes to Bang Tao's beach clubs, eight minutes to Boat Avenue's European grocers, yet insulated from the tourist congestion that plagues Patong. Your investment sits in the path of infrastructure upgrades-new coastal road access and marina expansions-that historically precede 15-20% capital growth cycles. Varsovia Estate's team inspected comparable Botanica projects trading 30% above launch prices after three years; Heart's earlier-stage entry captures that upside potential.

The layouts deserve scrutiny. One-bedroom units at 54.5 sqm undercut competing projects by 12% per square meter while maintaining resort-grade specifications: engineered stone counters, ducted air systems, rain showers that European renters expect. Two-bedroom configurations at 89 sqm hit the sweet spot for longer-stay guests (4-6 week bookings that maximize yield while minimizing turnover costs). Three-bedroom penthouses anchor the premium segment with 145 sqm of lagoon-facing space-ideal for corporate relocations or family holiday ownership.

Ground-floor commercial integration (restaurants, cafés) generates dual benefits: amenity convenience for owners and diversified income streams that stabilize returns during seasonal dips. The 30/20/20/20/10 payment structure spreads commitment over construction phases, preserving liquidity for currency optimization-critical when moving capital from złoty or euro into baht. Varsovia Estate structures completion through Thai legal entities that protect European investor rights while maintaining Thai ownership benefits.

Available Units

1 Bedroom55
$237,958(฿8,447,500)$259,144(฿9,199,600)
2 Bedrooms89
$407,394(฿14,462,500)$420,682(฿14,934,200)
3 Bedrooms145
$681,296(฿24,186,000)$689,703(฿24,484,440)

Investment Analysis

40%100%
0%20%
Monthly Net Income

$1,571

Annual Net Income

$18,846

Gross Rental Yield

10.4%

Net Rental Yield

7.9%

Value in 5 Years

$318,441

Total 5-Year ROI

73%

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

Restaurant
Garden
Balcony
Fully Furnished
Elevator
Parking
Sea View

Location

Choeng Thale, Si Sunthon, Thalang District, Phuket Province, 83110, Thailand

Similar Properties

Price Range

from $193,352(฿6,864,000)

$4,394/m²

Type

Condominium

Area

44–145 m²

Completion

Available Units

3 unit types

Interested in this project?