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Wallaya Hill

Elevated Kamala Villas With Measurable Returns

from $1,026,130(฿36,427,600)from $1,873/m²
Phuket, Vietnam
VillaUnder Construction8 total units4 available units

Key Facts

TypeVilla
CompletionUnder Construction — 2026-12-31
Total Units8
Available Units4
Area548 – 548 m²
Price Range$1,026,130$1,026,130
Price per m²$1,873/m²

Description

Kamala is one of Phuket's most quietly ambitious addresses — a hillside bay that has attracted discerning buyers from Scandinavia, Germany, and Central Europe precisely because it hasn't followed the overdevelopment path of Patong or Rawai. Wallaya Hill positions itself at the very top of this market, offering just eight private villas on an elevated plot with views that reward the decision to invest in Thailand real estate at this tier rather than the next one down.

Each villa spans 548 square metres across a four-bedroom layout — a footprint that European investors will recognise as genuinely generous rather than the inflated square-metre figures common in off-plan marketing across the region. The developer, Wallaya Villas Development Co., Ltd., has built a track record on low-volume, high-specification hillside projects in Phuket, and this is reflected in a price-per-square-metre of 66,474 THB that sits above the district average but below the premium commanded by branded residences on the island's western coast.

The investment case for Wallaya Hill is supported by numbers that our team considers credible given current short-term rental demand in Kamala. A projected rental yield of 6.4% annually, combined with a total ROI expectation of 10.2%, places this property in the upper tier of villa investments currently available to overseas buyers in Phuket. With only four units remaining from the original eight, the scarcity factor adds a dimension that pure yield calculations do not capture. Completion is scheduled for Q4 2026, giving buyers a construction window that aligns well with the current Thai baht exchange rate environment.

Varsovia Estate's Phuket team has conducted an on-site assessment of the Wallaya Hill development and can provide first-hand observations on plot positioning, access roads, and proximity to Kamala Beach and the Intercontinental — details that matter to European buyers evaluating this as both a lifestyle asset and a rental investment. Private viewing arrangements for prospective buyers travelling from Poland and the wider EU are handled directly through our Bangkok and Phuket offices.

Available Units

4 Bedrooms548
$1,124,721(฿39,927,600)$1,227,625(฿43,580,700)
5 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$6,635

Annual Net Income

$79,619

Gross Rental Yield

10.0%

Net Rental Yield

7.1%

Value in 5 Years

$1,505,131

Total 5-Year ROI

69%

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

Plavatelnyy Basseyn

Location

Similar Properties

Price Range

from $1,026,130(฿36,427,600)

$1,873/m²

Type

Villa

Area

548–548 m²

Completion

2026-12-31

Available Units

4/8

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