Rawai · Phuket, Thailand

Essence — Apartment · Phuket

Off-plan

1 Bedrooms · Apartment · Freehold available · 450 m to Rawai Beach

Essence is a deluxe "club house" condominium in Rawai at the southern tip of Phuket — a single eight-storey building of 160 apartments with 66 underground parking spaces, topped by a rooftop infinity pool, lounge and gym, about 450 m from the Rawai waterfront.

Ownership Freehold available
Beach 450 m to Rawai Beach
Status Off-plan
Price updated Jun 29, 2026

Verified by Estate Asia

We work directly with the developer and refresh prices regularly. This is general information, not legal advice — review the developer’s documents and run independent due diligence before you commit.

About this property

Essence is a deluxe "club house" condominium in Rawai at the southern tip of Phuket — a single eight-storey building of 160 apartments with 66 underground parking spaces, topped by a rooftop infinity pool, lounge and gym, about 450 m from the Rawai waterfront. The unit mix runs from studios of 40–44 m² to one-bedrooms of 45–50 m² and two-bedrooms of 51–57 m², plus duplexes. This listing is a 50 m² one-bedroom, freehold available, from €143,000 (about ฿5.2M). It is built by Harmony Group, a Phuket developer founded in 2015 that has delivered several residential projects with more under construction. Management is handled by Harmony Group through a 70/30 rental pool. Completion is targeted for July 2026, with the final payment due on title transfer — confirm the current build status with the developer.

  • 1-bed · 50 m² · Rawai — 450 m to the waterfront
  • Single 8-floor "club house" · 160 units · rooftop infinity pool, lounge & gym
  • By Harmony Group · 70/30 rental pool
  • Freehold available · from €143,000

Ownership for foreign buyers

This unit can be held freehold within the building’s 49% foreign quota — full ownership in your name.

Read the buying guide →

Deal terms

Payment plan

Booking 2% of the price; 33% down payment 15 days after booking; 25% second payment 30.06.2025; 25% third payment 30.12.2025; 15% on title transfer 30.06.2026.

Rental program

Rental pool 70/30 plus personal management by Harmony Group (owner keeps 70%).

Freehold

Freehold surcharge — ฿10,000 per m². Registration fee on a 50/50 split: freehold 2.2%, leasehold 1.1%. Foreign freehold is within the building’s 49% quota — confirm availability with an independent lawyer.

Estimate your return

Indicative net rental return after Phuket costs and taxes. Drag the sliders to match your plans.

Net income / year €4,344
Gross rent / year €9,295
Net yield 3.0%
Gross yield area estimate 6.5%
Payback 33.7 yrs

Estimate only — not financial advice. Defaults are sourced market averages (management 25% of revenue, ~10.5% rental-income tax, 70% occupancy); your actual figures will differ. Verify with a professional before you commit.

Get a detailed forecast

Leave your contact and we’ll send a personalised 5-year forecast for these figures.

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Location Rawai · Phuket, Thailand 450 m to Rawai Beach · 7.7994, 98.3189
View on Google Maps →

What’s nearby

  • Rawai waterfront 0.45 km
  • Nai Harn Beach
  • Yanui Beach
  • Chalong Pier
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What happens after you ask

  1. 01
    Floor plans & payment schedule

    Full unit specs, price breakdown, reservation terms and live availability — within 24 hours.

  2. 02
    A call with a local advisor

    We walk you through the project, the area and the buying process in your language.

  3. 03
    Legal & title due diligence

    We coordinate foreign-ownership checks and a developer/title review before you commit.

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