Land for sale in Rawai, Phuket

This is a prime plot of approximately 3,470 sq.m. with direct beach access and true beachfront frontage in the highly desirable Rawai Beach area—an increasingly rare asset in today’s market.
 
The land is planned for a luxury residential development with a Contemporary Mediterranean concept, including full lifestyle facilities and a beachfront living experience.
 
Key project highlights (as per the attached PDFs):
• 2 residential buildings (Building A + Building B)
• Up to 4 floors + basement level
• Total of 57 residential units (1, 2 and 3-room layouts)
• Some units include private gardens and some include private pools
• Total built-up area: approx. 5,590 sq.m.
• 18 parking lots
• Full amenities concept: central lobby, outdoor swimming pool, spa, wet & dry sauna, fitness room, yoga center, massage rooms, lounge/meeting facilities, pastoral garden and seating areas
• Planned common area fee: 85 THB/sq.m.
 
All architectural planning, layout distribution, unit mix, floor plans, and project materials are prepared and organized for submission and execution.
 
Asking price for the land: THB 180,000,000.
Estimated construction cost (based on existing calculations/quotations): up to THB 100,000,000.
Total turnkey project cost (land + construction): THB 280,000,000.
 
Based on the attached sales price list (priced at the lowest level in the market to enable a quick sell-out), the projected gross revenue from selling all units is:
THB 570,219,000.
 
Meaning an expected developer profit (after land + construction costs):
THB 290,219,000 net, before taxes.