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Heart by Botanica

Lagoon Views, Resort Living, Investor-Grade Returns

from $193,352(฿6,864,000)from $4,394/m²
Choeng Thale, Si Sunthon, Thalang District, Phuket Province, 83110, Thailand Phuket, Vietnam
CondominiumPre-sale345 total units3 unit types

Key Facts

TypeCondominium
CompletionPre-sale —
Total Units345
Available Units3 unit types
Area44 – 145 m²
Price Range$193,352$689,703
Price per m²$4,394/m²

Description

Phuket's property market has long rewarded patient investors with consistent capital appreciation, and Heart by Botanica makes a compelling case for why now remains an excellent time to buy a condo in Phuket. Developed under the respected Botanica brand — whose track record across the island is well-known to our team at Varsovia Estate — this three-building development sits within a landscaped tropical setting where lagoon views, greenery, and sea proximity combine to create a resort atmosphere that commands strong rental demand year-round.

The architecture takes its cues from organic tropical design: curved façades, floor-to-ceiling glazing, and generously proportioned balconies that frame the surrounding landscape rather than obscure it. Natural materials dominate the interiors — warm tones, tactile finishes, fully fitted kitchens and bathrooms — meeting a standard European buyers will recognise immediately as genuinely premium rather than aspirationally marketed. At 156,000 THB per square metre, pricing reflects the quality on offer without the speculation premium already baked into more central Phuket locations.

For investors focused on yield, the numbers are straightforward: a projected 7% rental yield against an 8% ROI target, in a destination that draws millions of international visitors annually. The one-bedroom format at 54.5 sqm is the clear choice for pure rental strategy, while the two- and three-bedroom units — priced from 14.4M and 24.1M THB respectively — appeal to families seeking a private Southeast Asia base or buyers consolidating a larger capital allocation into a single premium asset. The structured payment plan (30/20/20/20/10) spreads exposure across the construction timeline in a way that aligns well with how European investors prefer to manage liquidity.

Location within Phuket places residents within reach of the island's north-western coast, where the pace is noticeably quieter than Patong while infrastructure has matured considerably over the past decade. Ground-floor dining, landscaped garden terraces, dedicated parking, and elevator access across all seven floors mean the development functions as a self-contained resort — relevant for both owners in residence and rental guests who expect hotel-adjacent convenience.

Varsovia Estate has physically inspected this project and works directly with the developer to provide European buyers with due diligence support, legal coordination, and post-purchase rental management introductions. With 345 units across the three buildings and availability now limited, those considering this as part of a Thailand real estate investment portfolio should treat timing as a practical rather than theoretical consideration.

Available Units

1 Bedroom55
$237,958(฿8,447,500)$259,144(฿9,199,600)
2 Bedrooms89
$407,394(฿14,462,500)$420,682(฿14,934,200)
3 Bedrooms145
$681,296(฿24,186,000)$689,703(฿24,484,440)

Investment Analysis

40%100%
0%20%
Monthly Net Income

$1,571

Annual Net Income

$18,846

Gross Rental Yield

10.4%

Net Rental Yield

7.9%

Value in 5 Years

$318,441

Total 5-Year ROI

73%

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

Restaurant
Garden
Balcony
Fully Furnished
Elevator
Parking
Sea View

Location

Choeng Thale, Si Sunthon, Thalang District, Phuket Province, 83110, Thailand

Similar Properties

Price Range

from $193,352(฿6,864,000)

$4,394/m²

Type

Condominium

Area

44–145 m²

Completion

Available Units

3 unit types

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