Phuket,
Rawai,
Thailand
Studio apartment 29 m² VIP Space Odyssey, Rawai
Main Characteristics
Apartment Description
A compact studio apartment in Vip Space Odyssey – resort-style apartments with fitted furniture included in the price. This property suits buyers planning to purchase property in Rawai for personal use and rental income, with access to the complex's facilities.
Layout features:
Entrance area with built-in storage systems;
Living space combining bedroom, relaxation area and home office;
Separate bathroom and utility storage space.
Thoughtful storage solutions allow efficient use of the studio's floor area. The futuristic architecture of Vip Space Odyssey and facade lighting create a distinctive project identity.
You can purchase the apartment here with an interest-free installment plan. Property investment is complemented by a stated rental programme offering 6% annual yield: participation terms, expenses and periods of personal use are fixed in the agreement.
Infrastructure and ServicesInfrastructure and Services
SPA
Swimming pool
Children's playground
Gated community
Co-working
Animal Walking Park
Parking
meeting room
Restaurant
Terrace on the roof
Fitness
Location Description
Rawai is Phuket's southern location, combining resort leisure with facilities for long-term living. Buyers considering property purchase in Rawai value beach access, restaurants and everyday services.
Nearby amenities include:
Nai Harn and Rawai beaches;
Nai Harn lake;
Rawai seafood market and restaurants;
HomePro Village shopping centre;
International schools;
Ao Chalong yacht club.
You can purchase an apartment here for personal use or guest accommodation. Beaches complement the holiday experience, whilst shops and educational facilities support long-term residence. Property investment allows you to combine both scenarios; the financial outcome depends on rental terms and expenses.
Property Advantages
Furniture included in the price
The studio apartment comes with a fitted furniture package at no additional cost. This reduces the need for separate purchases and simplifies preparation of the apartment for occupation or letting.
Thoughtful storage solutions
Smart storage systems help organise belongings without cluttering the compact space. The project also includes 120 storage rooms for sports equipment; the option to purchase or use a specific storage room is confirmed separately.
Choice of rental arrangement
The owner may occupy the studio apartment personally, arrange letting, or participate in the stated programme with a projected yield of 6% per annum. The programme provides for a three-year agreement and 15 days of complimentary occupation annually; booking procedures and financial terms are determined by the agreement.
Additional
฿200,000 – Reservation deposit
30% – First payment 30 days after reservation
30% – Second payment at foundation completion stage
30% – Third payment at main structural completion stage (load-bearing columns and roofing)
10% – Final payment upon transfer of ownership right
Sinking Fund – ฿400 per m², one-off payment
฿5,000 – Meters installation, one-off payment
Service charge ฿60 per m² per month, annual billing
Leasehold registration (90-year lease) – 1% split 50/50 with Developer
Freehold registration (100% ownership) – 1.1% of purchase price split 50/50 + ฿10,000 per m² top-up
Fitted furniture and appliances are included in the apartment price.
Additional
฿200,000 – Reservation deposit
30% – First payment 30 days after reservation
30% – Second payment at foundation completion stage
30% – Third payment at main structural completion stage (load-bearing columns and roofing)
10% – Final payment upon transfer of ownership right
Sinking Fund – ฿400 per m², one-off payment
฿5,000 – Meters installation, one-off payment
Service charge ฿60 per m² per month, annual billing
Leasehold registration (90-year lease) – 1% split 50/50 with Developer
Freehold registration (100% ownership) – 1.1% of purchase price split 50/50 + ฿10,000 per m² top-up
Fitted furniture and appliances are included in the apartment price.
Project Gallery
About developer
VIP Thailand Development is a developer with a focus on resort and investment real estate in Phuket, operating in the market since 2015.
The company is part of VIP Thailand Group (VIP Group Phuket) and was initially established as a full-cycle lifestyle developer: from land purchase and construction to hotel management, leasing and owner services.
Scale and projects
In 10 years of operation, the group has completed 8 projects: boutique apartments, pool villas and hotel complexes.
Among the key ones:
Mercury Wyndham La Vita - about 516 units
VIP Great Hill near the airport - about 215 units
VIP Galaxy Villas
GRAND
VIP Venus Karon
new complexes in Rawai and Nai Harn districts
The total portfolio for Phuket, including VIP Space Odyssey (approximately 600+ units), exceeds 2,200 apartments and villas at various stages of realization.
The geography of the Developer's projects is concentrated in strategic resort areas with a steady tourist flow:
Nai Yang and the airport area
Rawai and Nai Harn
Karon
Bang Tao / Regent Bangtao
further development in Patong and Mai Khao
Some of the projects are being developed in partnership with international hotel brands, which enhances recognition and raises service standards.
The main strengths of VIP Thailand for investors:
System experience in Phuket and understanding of local rentals and seasonality;
Availability of completed and operating complexes, which show the quality of construction and actual utilization;
Full service cycle: planning, construction, management, leasing, service for owners;
initial emphasis on resort lifestyle and profitability - popular locations, layouts for rent, resort Facilities (Swimming pools, spas, children's and sports areas, restaurants).
Due to such a track and the scale of VIP Thailand, it is logical to shortlist developers who can be confidently recommended to clients under the scenario "apartment or villa by the sea + clear rental income model".
Recommended
1-Bedroom Apartment 70 m² Babylon Sky Garden II
1-Bedroom Apartment 37 m² The Title Adora, Rawai
