16 photos

Larimar Villa

Five Private Villas, Southern Phuket's Most Connected District

from $501,408(฿17,800,000)from $1,480/m²
Phuket, Vietnam
VillaUnder Construction5 total units3 available units

Key Facts

TypeVilla
CompletionUnder Construction — 2026-06-30
Total Units5
Available Units3
Area339 – 339 m²
Price Range$501,408$501,408
Price per m²$1,480/m²

Description

Chalong has quietly become one of Phuket's most compelling addresses for discerning investors — and Larimar Villa sits at the heart of that story. Developed by Athena Developer Co., Ltd, this exclusive collection of just five private villas represents the kind of low-density, high-specification residential project that rarely comes to market in southern Phuket. With only three units remaining, the window for entry is genuinely limited.

Each villa spans 338.77 square metres across four bedrooms, delivering living proportions that comfortably rival high-end European family homes. The layout is designed for both full-time residence and premium short-term rental occupancy — a dual-purpose quality that underpins the project's projected 5.5% rental yield. For context, that figure consistently outperforms comparable villa yields in markets like the Portuguese Algarve or the Spanish Costa del Sol, where yields typically hover between 3% and 4.5%.

The on-site facilities reflect a considered approach to resort-standard living: a private swimming pool, landscaped garden, fully equipped gym, lounge area, and a dedicated pet park — an amenity increasingly valued by long-stay tenants and expatriate families. These are not afterthoughts; they are the features that justify premium rental positioning and sustain occupancy rates throughout both peak and shoulder seasons.

At a price entry point of 17,800,000 THB and a price-per-square-metre of 52,543 THB, Larimar Villa offers genuinely competitive value against Phuket's broader luxury villa market, particularly given the Chalong location's strong transport connectivity to the island's main commercial and leisure corridors. Scheduled for completion in Q2 2026, the project is currently under construction — allowing investors to secure current pricing ahead of the delivery premium that typically follows handover in this segment.

Varsovia Estate's team has conducted on-the-ground due diligence on this project, assessing both the developer's track record and the local rental demand dynamics in Chalong. We are confident this represents a credible, well-structured overseas property investment for European buyers seeking Thailand real estate exposure with a clear income narrative.

Available Units

4 Bedrooms339
$501,408(฿17,800,000)$588,169(฿20,880,000)
2 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$4,149

Annual Net Income

$49,793

Gross Rental Yield

14.0%

Net Rental Yield

9.9%

Value in 5 Years

$670,998

Total 5-Year ROI

83%

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

Sportzal
Laundzh
Klub Pitomtsev
Sad
Plavatelnyy Basseyn

Location

Similar Properties

Price Range

from $501,408(฿17,800,000)

$1,480/m²

Type

Villa

Area

339–339 m²

Completion

2026-06-30

Available Units

3/5

Interested in this project?