23 photos

The Exclusive Sky

Twelve hillside villas redefined as premium condominiums

from $1,161,972(฿41,250,000)from $3,939/m²
Phuket, Thailand
CondominiumUnder Construction12 total units4 available units

Key Facts

TypeCondominium
CompletionUnder Construction — 2026-06-30
Total Units12
Available Units4
Area295 – 314 m²
Price Range$1,161,972$1,161,972
Price per m²$3,939/m²

Description

Kamala hillside presents a rare opportunity for European investors seeking premium real estate in one of Phuket's most sought-after postcodes. The Exclusive Sky comprises just twelve villa-format residences across three low-rise buildings, each offering 295 square metres of private living space with four bedrooms, five bathrooms, and an 11.5-metre private pool. The scarcity factor alone-only twelve units total, with just four remaining available-positions this project in a unique market segment where limited supply typically drives stronger capital appreciation.

From an investment perspective, the fundamentals are compelling. Developer Kamala Falls Co., Ltd. has structured pricing at THB 139,831 per square metre, positioning these residences competitively for the hillside villa-concept segment. With projected rental yields at 6.3% and expected ROI reaching 8%, the numbers reflect Phuket's resilient rental market, particularly in the premium mid-term rental sector favoured by European executives and digital professionals. The 2026 Q2 completion timeline allows investors to enter before handover, historically the period when similar Kamala developments have seen 15-20% price appreciation.

The lifestyle proposition matches what discerning European buyers expect: mountain and sea views from elevated positions, private pools that eliminate shared-facility concerns, and turnkey delivery including furniture and appliances. Kamala's location remains strategically valuable-equidistant from Patong's entertainment infrastructure and the quieter beaches of the northwest coast, with international schools and premium healthcare within fifteen minutes. The development's limited scale ensures the kind of privacy and exclusivity that villa buyers prioritise, while communal amenities including gym, reception, and 24-hour security maintain the convenience standards of condominium living.

Varsovia Estate's Phuket team has conducted site inspections throughout construction phases, confirming build quality aligns with European expectations for climate-appropriate materials and finishes. The villa-format structure within condominium legal framework offers particular advantages for foreign ownership, avoiding the typical company-structure complexity of freehold land purchases while maintaining the lifestyle benefits of detached villa living.

Available Units

4 Bedrooms295
$1,161,972(฿41,250,000)$1,577,465(฿56,000,000)
4 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$7,063

Annual Net Income

$84,751

Gross Rental Yield

9.7%

Net Rental Yield

7.3%

Value in 5 Years

$1,554,980

Total 5-Year ROI

70%

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

Location

Similar Properties

Price Range

from $1,161,972(฿41,250,000)

$3,939/m²

Type

Condominium

Area

295–314 m²

Completion

2026-06-30

Available Units

4/12

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