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Lake Residences (Gardens of Eden)

Lakeside luxury where nature sets the standard

from $342,637(฿12,163,600)from $6,589/m²
Phuket, Vietnam
CondominiumUnder Construction25 total units17 available units

Key Facts

TypeCondominium
CompletionUnder Construction — 2029-03
Total Units25
Available Units17
Area52 – 124 m²
Price Range$342,637$342,637
Price per m²$6,589/m²

Description

Bang Tao Beach has long been Phuket's most coveted address for discerning buyers — and Lake Residences, the third phase of the celebrated Gardens of Eden master development, makes a compelling case for why European investors are increasingly directing capital here rather than into saturated Mediterranean markets. Set within a 122,000 sqm estate where 70% of the land is permanently dedicated to lakes, tropical gardens, and parkland, this is a rare project where density never compromises environment.

The signature feature of Lake Residences is a 5,000 sqm water precinct anchored by a 150-metre Long Lake Pool — a scale of amenity that would be exceptional even in a five-star resort context. Surrounding this are nine residential buildings offering 698 residences ranging from 52 to 124 sqm, with ground-floor units carrying private garden extensions for those who prefer direct outdoor connection. The adjacent 8,000 sqm Adventure Gardens adds tennis courts, a Muay Thai training area, and a Russian-style banya complex, while a dedicated 6,000 sqm business centre with co-working spaces and conference facilities serves the growing population of location-independent professionals choosing Phuket as their base.

For investors evaluating numbers, the fundamentals are strong. A projected rental yield of 7% against anticipated total returns of 12% reflects both Phuket's structural accommodation shortage and Bang Tao's specific positioning as the island's premium long-stay destination. The project sits 50–500 metres from the Bang Tao shoreline and within walking distance of Laguna Phuket's established resort infrastructure. Boat Avenue retail, Bangkok Hospital, and the international airport are all within a 20-minute radius — a logistical profile that supports both high occupancy rates and strong resale demand.

The dining and social infrastructure warrants mention separately: an Italian restaurant, Japanese restaurant, steakhouse, and a panoramic Sky Bar create a self-contained lifestyle offering that reduces residents' dependence on outside venues — a meaningful quality-of-life factor for families and long-stay guests alike. The Varsovia Estate team has conducted direct site visits and reviewed the developer's delivery track record across the earlier Gardens of Eden phases; we are satisfied with construction quality and timeline credibility ahead of the March 2029 completion.

With 17 of 25 available units still accessible at launch pricing — starting from 12,163,600 THB for a one-bedroom — this is a project where early positioning carries material upside. Buy a condo in Phuket at current valuations and you are entering one of Southeast Asia's most liquid and internationally recognised resort property markets at a moment when supply constraints continue to push prices upward. For European buyers seeking to invest in Thailand real estate with a clear income strategy and capital growth thesis, Lake Residences represents exactly the calibre of opportunity Varsovia Estate exists to identify.

Available Units

1 Bedroom52
$307,606(฿10,920,000)
2 Bedrooms81
$490,563(฿17,415,000)

Investment Analysis

40%100%
0%20%
Monthly Net Income

$1,576

Annual Net Income

$18,907

Gross Rental Yield

8.0%

Net Rental Yield

6.1%

Value in 5 Years

$411,646

Total 5-Year ROI

65%

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
Fitness Center
Parking
Clubhouse
Co-working Space
Business Center
Restaurant
Rooftop Bar
Kids Playground
Yoga Room
Sauna
Beach Access
Garden
Jogging Track

Location

Similar Properties

Price Range

from $342,637(฿12,163,600)

$6,589/m²

Type

Condominium

Area

52–124 m²

Completion

2029-03

Available Units

17/25

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