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Resale · Setthasiri Koh Kaew Retreat

Phuket's Finest Turnkey Villa, Investment-Ready

from $814,085(฿28,900,000)from $2,856/m²
Phuket, Vietnam
VillaReady to Move In1 total units1 available units

Key Facts

TypeVilla
CompletionReady to Move In —
Total Units1
Available Units1
Area285 – 285 m²
Price Range$814,085$814,085
Price per m²$2,856/m²

Description

For European investors seeking a turnkey income-generating asset in Phuket, this Modern Classic villa at Setthasiri Koh Kaew Retreat presents a case that is difficult to dismiss. Priced at 28,900,000 THB and ready for immediate occupancy or rental activation, the property requires zero additional capital outlay — a distinction that matters when calculating true entry costs against projected returns. With a forecast rental yield of 5.6% and total ROI potential of 8%, the numbers sit comfortably within the range that draws serious capital to Thai real estate.

What separates this listing from comparable Phuket villas for sale is its status as the sole show house within the Setthasiri Koh Kaew Retreat development. The interiors were conceived at a higher specification than standard units and are being transferred in their entirety — premium designer furniture, curated décor, and all fixtures included, exactly as presented. The 285 sqm layout across a generous plot delivers three full bedrooms, five high-finish bathrooms, a dedicated home office that converts naturally into a fourth bedroom, staff quarters with private facilities, and three-car parking. For families relocating to Phuket or high-net-worth tenants, this configuration is precisely what the market demands.

The property's address directly opposite the British International School of Phuket (BISP) is not incidental — it is a structural advantage. Expatriate families with school-age children actively seek proximity to BISP, and supply within walking distance remains chronically tight. Projected monthly rental income runs between 150,000 and 180,000 THB, a range supported by sustained demand from this specific tenant profile. The villa also carries a seller-covered transfer fee and a maintenance fee waiver on common areas through December 2027, reducing the effective cost of ownership in the early years.

Technology integration throughout the villa reflects standards that European buyers will recognise: a 5 kWh Huawei solar system offsets ongoing electricity costs, an EV charging point is already installed, digital lock systems and remote gate management are in place, and climate control across five zones ensures year-round comfort. These are not upgrades to be negotiated — they are part of the package.

The surrounding geography positions this property well for both lifestyle and logistics. Boat Lagoon and Royal Phuket Marina are five to seven minutes away by car, giving access to Phuket's premium dining and waterfront scene. IKEA and Robinsons Lifestyle Thalang are within ten minutes for everyday convenience, Bangkok Hospital Phuket is reachable in twenty minutes, and Phuket International Airport is thirty minutes out — a commute that matters for owners flying in from Europe or managing a rental remotely. Varsovia Estate's team has inspected this property directly and considers it one of the stronger ready-to-move opportunities currently available in the Koh Kaew corridor.

Investment Analysis

40%100%
0%20%
Monthly Net Income

$1,587

Annual Net Income

$19,049

Gross Rental Yield

3.0%

Net Rental Yield

2.3%

Value in 5 Years

$1,089,429

Total 5-Year ROI

46%

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.

Location

Similar Properties

Price Range

from $814,085(฿28,900,000)

$2,856/m²

Type

Villa

Area

285–285 m²

Completion

Available Units

1/1

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