Enigma Residence
Rawai's Smart Living Investment, Delivering 2026
Key Facts
| Type | Condominium |
| Completion | Under Construction — 2026-12-31 |
| Total Units | 164 |
| Available Units | 80 |
| Area | 35 – 97 m² |
| Price Range | $111,123 – $233,262 |
| Price per m² | $3,175/m² |
Description
Rawai, in Phuket's quieter southern reaches, has long been the preferred address for those who want the island's lifestyle without the noise of its tourist corridors. Enigma Residence, developed by East Wind Thai Co., Ltd., arrives here as a considered investment opportunity — a 164-unit condominium where smart-home technology is standard across every apartment, not an optional upgrade. For European investors who have grown accustomed to integrated living systems at home, this detail matters more than most developers acknowledge.
The project offers studios from 35 sqm, one-bedroom units from 36.75 sqm, and two-bedroom layouts up to 96.67 sqm — a range that accommodates both entry-level portfolio diversification and more substantial capital deployment. Entry pricing starts at 3,944,850 THB, with a per-square-metre rate of 112,710 THB, which remains competitive against comparable new launches across the island. Completion is scheduled for Q4 2026, giving investors the advantage of pre-completion pricing with a clear timeline to rental activation.
The amenity package reflects what the modern long-stay tenant or digital professional actually uses: a co-working space, well-equipped gym, sauna, swimming pool, and a shuttle service that addresses the one practical concern most visitors raise about Rawai — its distance from major commercial hubs. EV charging stations on-site position the project well for the coming decade, as electric vehicle adoption across Thailand accelerates faster than most European observers expect.
From an investment perspective, Enigma Residence carries a projected rental yield of 5.6% and an expected ROI of 7.2%. Rawai attracts a stable mix of long-term expatriate residents and seasonal visitors who prefer its calmer character over Patong or Kata — a tenant profile that typically translates into longer occupancy periods and lower vacancy rates. The Varsovia Estate team has inspected this development directly and considers it a credible option for investors buying property in Phuket for the first time or expanding an existing Southeast Asian portfolio.
With 80 units still available from an original 164, the selection window remains open — but not indefinitely. Those considering overseas property investment in Thailand will find Enigma Residence a well-structured entry point into one of Asia's most liquid secondary property markets.
Available Units
Investment Analysis
$987
$11,849
14.0%
10.7%
$148,707
87%
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
Location
Similar Properties
Price Range
from $111,123(฿3,944,850)
$3,175/m²
Type
Condominium
Area
35–97 m²
Completion
2026-12-31
Available Units
80/164
