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ETRO Residences

Asia's First ETRO-Branded Beachfront Residences

from $2,197,183(฿78,000,000)from $23,380/m²
Phuket, Vietnam
CondominiumUnder Construction6 total units5 available units

Key Facts

TypeCondominium
CompletionUnder Construction — 2027-12
Total Units6
Available Units5
Area143 – 276 m²
Price Range$2,197,183$10,240,563
Price per m²$23,380/m²

Description

When Italian fashion house ETRO decided to extend its design philosophy beyond clothing, it chose Phuket — and specifically Bang Tao Beach — as the address for its first residential collaboration in Asia. ETRO Residences Phuket is a collection of just six ultra-private homes set within the Gardens of Eden resort ecosystem, where over 70% of the 122,000 sqm grounds are dedicated to landscaped gardens, water features, and tropical parkland. This is not a conventional condo development. It is a curated living environment where Milanese design discipline meets Andaman coastline luxury.

For European investors seeking to buy premium property in Phuket, the proposition here is straightforward: extreme scarcity, branded provenance, and a location that consistently outperforms the wider Thai market. Bang Tao remains one of the island's most sought-after addresses, a short walk from Laguna's golf and dining corridor, Boat Avenue, and Porto de Phuket — the area's established retail and lifestyle hub. Phuket International Airport sits approximately 20 minutes away, making the residences as accessible for short-term rental guests as they are for owners flying in seasonally.

The amenity offering reflects the broader Gardens of Eden resort infrastructure, which includes multiple pools — among them an infinity pool and private pool access — a full spa with sauna, steam room, and jacuzzi, a rooftop bar with unobstructed sea views, a yoga room, jogging track, clubhouse, business center, and direct beach access. Ten on-site restaurants and a wellness center position this as a genuinely self-contained resort address, comparable in standard to what European buyers would associate with a six-star alpine or Mediterranean resort, but with the climate and yield profile of Southeast Asia.

From an investment standpoint, Varsovia Estate's team has reviewed the project on the ground and finds the fundamentals compelling. With an expected ROI of 7% and rental yield of 5% supported by a managed rental program, the residences are structured to generate income from day one of completion. The developer's payment schedule — structured across four tranches to December 2027 — provides capital efficiency for international buyers, with a manageable entry deposit of 500,000 THB. Residences range from 143 to 276 sqm across penthouse configurations, with prices starting at 78,000,000 THB. Only five units remain available in a collection of six, which concentrates the exit premium for early acquirers.

Investing in Thailand real estate through a branded-residence vehicle of this calibre offers something most Phuket property for sale cannot: a defensible price floor anchored to an internationally recognised luxury brand, professional hospitality management, and a physical asset in one of Asia's most liquid tourism markets. Completion is scheduled for December 2027, giving buyers approximately three years of structured capital deployment before the income phase begins.

Available Units

Penthouse260
$2,197,183(฿78,000,000)
1 available units
Penthouse385
$3,470,423(฿123,200,000)
1 available units
3 Bedrooms222
$5,190,423(฿184,260,000)
1 available units
Penthouse467
$5,261,972(฿186,800,000)
1 available units
Penthouse438
$10,240,563(฿363,540,000)
1 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$7,122

Annual Net Income

$85,461

Gross Rental Yield

5.1%

Net Rental Yield

3.9%

Value in 5 Years

$2,940,327

Total 5-Year ROI

53%

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

Swimming Pool
Infinity Pool
Private Pool
Fitness Center
Parking
Spa & Wellness
Restaurant
Café
Concierge Service
24h Reception
Kids Playground
Garden
Beach Access
Rooftop Bar
Sea View
Sauna
Steam Room
Jacuzzi
Rental Program
Clubhouse
Business Center
Balcony
Fully Furnished
Yoga Room
Jogging Track
Grand Lobby
Lounge

Location

Similar Properties

Price Range

from $2,197,183(฿78,000,000)

$23,380/m²

Type

Condominium

Area

143–276 m²

Completion

2027-12

Available Units

5/6

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