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Andamaya Surin Bay

Six exclusive residences on Phuket's tranquil northwest coast

from $254,112(฿9,020,960)from $3,698/m²
Phuket, Vietnam
CondominiumReady to Move In6 total units6 available units

Key Facts

TypeCondominium
CompletionReady to Move In — 2021-11-30
Total Units6
Available Units6
Area69 – 142 m²
Price Range$254,112$487,184
Price per m²$3,698/m²

Description

Surin Beach occupies a rare position on Phuket's northwest coast — far enough from the tourist corridors to feel genuinely residential, yet close enough to the island's best dining, beach clubs, and international schools to make daily life effortless. Andamaya Surin Bay is positioned precisely in this sweet spot, offering a compact collection of just six residences that prioritize privacy and exclusivity over scale. For European investors who know that scarcity drives value, a project with only six available units in one of Phuket's most consistently desirable addresses deserves serious attention.

The residences range from 68.71 sqm one-bedroom apartments to 142.2 sqm three-bedroom homes, all delivered to a finish standard that holds up against comparable mid-luxury product in Spain's Costa del Sol or Portugal's Algarve — with the critical advantage of a significantly lower entry price. At 131,290 THB per square metre, buyers are acquiring finished, ready-to-occupy real estate in a market where undersupply in premium beachside locations continues to push capital values upward. The project was completed in November 2021, meaning there is zero construction risk and rental income can begin immediately upon purchase.

From an income perspective, Andamaya Surin Bay carries a projected rental yield of 5.6% — a figure that comfortably outperforms buy-to-let returns across most Western European capitals, where net yields of 2–3% have become the ceiling rather than the floor. The total expected ROI climbs to 8.3% when capital appreciation is factored in, reflecting the broader trajectory of Phuket's luxury residential market, which continues to attract high-net-worth buyers from Europe, the Middle East, and China. Surin's reputation as Phuket's quieter, more sophisticated alternative to Patong or Kata gives properties here a distinct positioning that supports premium short-term rental rates.

The on-site swimming pool serves as the social anchor of the community — an important consideration in a small-scale development where the atmosphere is closer to a private villa estate than a large condominium complex. Owners benefit from the intimacy of six residences while still having access to managed communal facilities. Entry-level pricing begins at 9,020,960 THB for a one-bedroom unit, with two-bedroom configurations available from 11,089,520 THB and three-bedroom residences from 17,295,040 THB.

Varsovia Estate's team has personally reviewed this project on the ground in Phuket. We consider Andamaya Surin Bay a strong fit for investors seeking a low-maintenance, income-generating asset in a location with proven long-term demand — as well as for buyers planning to use the property personally while benefiting from rental returns during unoccupied periods. Speak with our advisors to understand the ownership structure, tax implications, and management options available to European nationals.

Available Units

1 Bedroom69
$254,112(฿9,020,960)$357,233(฿12,681,760)
2 available units
2 Bedrooms89
$312,381(฿11,089,520)$777,656(฿27,606,800)
3 available units
3 Bedrooms133
$487,184(฿17,295,040)
1 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$2,277

Annual Net Income

$27,320

Gross Rental Yield

14.0%

Net Rental Yield

10.8%

Value in 5 Years

$373,373

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

Location

Similar Properties

Price Range

from $254,112(฿9,020,960)

$3,698/m²

Type

Condominium

Area

69–142 m²

Completion

2021-11-30

Available Units

6/6

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