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Surin Top Condominium

Boutique North-Shore Living with Off-Plan Value

from $414,313(฿14,708,100)from $4,648/m²
Phuket, Thailand
CondominiumUnder Construction34 total units22 available units

Key Facts

TypeCondominium
CompletionUnder Construction — 2026-12-31
Total Units34
Available Units22
Area89 – 133 m²
Price Range$414,313$616,077
Price per m²$4,648/m²

Description

Surin Top Condominium represents a rare opportunity to secure off-plan property in one of Phuket's most established resort zones, where completed inventory consistently trades at premium multiples. With just 34 residences spread across a boutique development, this project targets discerning European investors seeking capital appreciation through a proven north-shore location rather than mass-market southern beaches.

The developer has positioned the project with institutional-grade amenities-swimming pool, fitness centre, café, and lobby lounge-that mirror the service standards of European alpine resorts, yet deliver them in a tropical setting where operational costs remain competitive. Two-bedroom units from 89 sqm start at 14.7M THB (approximately €380k), while three-bedroom penthouses extending to 133 sqm are priced from 21.8M THB, translating to €165k per square metre-a figure that reflects Surin's established tourism infrastructure and proximity to premium beach clubs.

Varsovia Estate's Phuket team has inspected the site and confirmed construction progress aligns with the Q4 2026 completion schedule. The investment case rests on 8.3% expected annual ROI, combining 5.9% rental yield from high-season tourist demand with capital growth as off-plan discounts compress to market rates post-handover. Surin's position between Kamala and Bang Tao places residents within 10 minutes of Catch Beach Club, yet far enough from Patong's congestion to attract family renters and wellness tourists who pay premium nightly rates.

With only 22 units remaining from the original 34-unit allocation, early-stage pricing will likely adjust upward as construction milestones are reached. For investors comfortable with 2.5-year holding periods before first revenue, this project offers a structured entry into Phuket's north-shore market through a developer focused on low-density, owner-occupied quality rather than speculative flipping inventory.

Available Units

2 Bedrooms89
$414,313(฿14,708,100)$451,977(฿16,045,200)
14 available units
3 Bedrooms133
$616,077(฿21,870,750)$674,873(฿23,958,000)
8 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$3,752

Annual Net Income

$45,020

Gross Rental Yield

14.0%

Net Rental Yield

10.9%

Value in 5 Years

$608,761

Total 5-Year ROI

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

Plavatelnyy Basseyn
Sportzal
Kafe
Grand Lobby

Location

Similar Properties

Price Range

from $414,313(฿14,708,100)

$4,648/m²

Type

Condominium

Area

89–133 m²

Completion

2026-12-31

Available Units

22/34

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