VIP Space Odyssey — Condos and Pool Villas in Rawai
Condos from ฿3.5M with instalments until handover in Q4 2028
Yield estimate
MarketThailand market benchmark — adjust as needed.
* Indicative estimate based on property price and market benchmarks. Not an offer. Actual returns depend on rental format, season, management company and tax status.
VIP Space Odyssey — a mixed-use development in Rawai
VIP Space Odyssey is under construction in southern Phuket between Rawai and Nai Harn. The approximately 25,600 sqm site will combine four eight-storey residential buildings, 574 condominiums and a separate collection of 23 private pool villas. The EIA-approved development is scheduled for completion in Q4 2028.
The architecture draws on a space-inspired concept through light façades, curved lines, panoramic glazing and contemporary shared interiors.
Other completed and off-plan opportunities are available in the catalogue of property in Phuket.
Studios, condos and private pool villas
The condominium range includes studios from 29.3 to 29.4 sqm, one-bedroom units from 32 to 45 sqm and two-bedroom layouts from 60 to 69.3 sqm. Residences provide a kitchen area, bathroom, fitted furniture, balcony and panoramic windows.
The private residential zone contains two-bedroom pool villas starting from 120 sqm. Each villa includes a private swimming pool, living room, kitchen, two bathrooms and an outdoor terrace. Condos and villas are delivered with finishes and furniture according to the selected specification.
Available formats can be compared with other condos for sale in Phuket.
Swimming pools and shared facilities
The residential grounds will include outdoor swimming pools, rooftop infinity pools, tropical gardens and relaxation terraces. Residents will also have access to a fitness centre, kids’ club, co-working space, meeting areas and landscaped walking paths.
Retail units, cafés, reception areas and parking are planned within the development. The buildings will provide passenger and service lifts. Security will include 24-hour guards, CCTV and controlled access.
Rawai waterfront and southern Phuket beaches
The Rawai waterfront is approximately 800 metres away, around a 10-minute walk. Seafood restaurants, shops, massage venues, the local fish market and island boat piers operate along the coast.
Nai Harn and Yanui, the closest popular swimming beaches, are a short drive away. Promthep Cape is less than 2 kilometres from the development. International schools, nurseries, sports centres, medical facilities and supermarkets are also available nearby.
Prices and payment schedule
Current prices start from ฿3.5M. The entry price applies to a compact condo of approximately 32 sqm. Pricing varies according to building, floor, view, size and ownership structure.
The reservation deposit is ฿200,000. Within 30 days after signing the reservation, the buyer completes payment to 30% of the purchase price. A further 30% is due after foundation completion, followed by 30% after completion of the structural columns and roof. The remaining 10% is paid upon handover and ownership registration.
Before purchasing an off-plan unit, buyers should review the permits, contract and refund provisions. The main checks are covered in the guide to legal risks of buying off-plan property in Thailand.
Completion date and construction progress
Completion is scheduled for Q4 2028. Construction is proceeding in stages, with the developer publishing monthly progress reports. By July 2026, piling work for the condominium section was approaching completion.
The selected building, phase, contractual handover date and construction-linked payment schedule should be confirmed before contract signing. The applicable terms are recorded in the Sale and Purchase Agreement and its appendices.
Ownership and ongoing costs
Condominiums are available under foreign freehold quota and leasehold ownership. The ownership structure for private villas depends on the legal arrangement for the building and land.
The effect of ownership quota on pricing and future resale is explained in the guide to why foreign quota condos may cost more.
The common-area management fee is ฿60 per sqm per month. The one-time sinking-fund contribution is ฿400 per sqm. Water and electricity meter installation costs an additional ฿5,000.
Reservation deposit — ฿200,000.
Within 30 days after signing the reservation — payment completed to 30% of the purchase price.
After foundation completion — 30%.
After completion of structural columns and roof — 30%.
Upon handover and ownership registration — 10%.
The published schedule contains no post-handover instalments.
Unit Formats & Prices
| Format | Area, m² | Price from | Price to |
|---|---|---|---|
| Studio condo | 29.3–29.4 | 3 660 000 ฿ | 4 981 000 ฿ |
| 1-bedroom condo | 32–45 | 3 496 000 ฿ | 8 325 000 ฿ |
| 2-bedroom condo | 60–69.3 | 8 700 000 ฿ | 12 474 000 ฿ |
| 2-bedroom private pool villa | 120–120 | 21 000 000 ฿ | 21 000 000 ฿ |
Amenities & Features
- Outdoor swimming pools
- Rooftop infinity pools
- Poolside relaxation terraces
- Fitness centre
- Wellness area
- Kids’ club
- Children’s playground
- Co-working space
- Meeting rooms
- Tropical gardens
- Walking paths
- Retail units
- Cafés and restaurants
- Reception
- Parking
- Passenger lifts
- Service lifts
- 24-hour security
- CCTV
- Controlled access
Location
Frequently Asked Questions
More listings and the full market overview — under property in Phuket.
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