12 photos

Setthasiri Kohkaew

Airport-proximate family villas with investment-grade yields

from $518,310(฿18,400,000)from $1,993/m²
Phuket, Thailand
VillaPlanned6 total units6 available units

Key Facts

TypeVilla
CompletionPlanned — 2026-08-13
Total Units6
Available Units6
Area260 – 323 m²
Price Range$518,310$518,310
Price per m²$1,993/m²

Description

Varsovia Estate presents Setthasiri Kohkaew, a private enclave of just six family villas developed by Sansiri Public Company Limited in Phuket's emerging Kohkaew district. This northern location offers European investors a compelling balance: proximity to Phuket International Airport (15 minutes), established infrastructure, and pricing significantly below the island's southern resort zones-yet with the same construction standards and 5% annual rental yield potential that makes Thai property attractive for portfolio diversification.

Each four-bedroom villa spans 260 to 323 square meters across generous plots, designed for the extended family stays and multi-generational holidays common among European buyers. Sansiri's architecture prioritizes indoor-outdoor living with private swimming pools, covered terraces, and landscaped gardens that function year-round in Phuket's tropical climate. The limited six-unit scale ensures this never feels like a typical resort development-our team inspected the site and confirmed the spacious layout between homes maintains genuine privacy.

Kohkaew's strategic position places residents between Phuket's business hub (Central Festival, Boat Avenue shopping) and the international schools clustered in Thalang district, making this viable as either a rental investment or personal-use property for families relocating to Southeast Asia. The 7% projected annual ROI reflects both capital appreciation in this developing corridor and achievable rental income-our local partners report strong demand from long-term expatriate tenants seeking villa accommodation near the airport.

Completion is scheduled for August 2026, allowing buyers to secure pre-construction pricing while Varsovia Estate coordinates the purchase process, including title verification, escrow arrangements, and post-completion property management options. With only six units available and Sansiri's track record of delivering branded developments on schedule, we recommend prompt evaluation for clients seeking Phuket exposure at northern-district valuations.

Available Units

4 Bedrooms260
$518,310(฿18,400,000)$780,282(฿27,700,000)
6 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$4,442

Annual Net Income

$53,306

Gross Rental Yield

14.0%

Net Rental Yield

10.3%

Value in 5 Years

$693,616

Total 5-Year ROI

85%

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

Plavatelnyy Basseyn
Sportzal
Detskaya Ploshchadka
Sad

Location

Similar Properties

Price Range

from $518,310(฿18,400,000)

$1,993/m²

Type

Villa

Area

260–323 m²

Completion

2026-08-13

Available Units

6/6

Interested in this project?