Resort Style Apartments Steps Away From Phukets Finest Beaches
About the Project
Rhea presents a compelling opportunity to invest in Phuket’s evolving luxury real estate market, with entry prices from approximately $165,000 representing exceptional value within one of the island’s fastest-growing premium coastal corridors. Demand for luxury property across Bang Tao and Surin Beach continues to rise, with Knight Frank Thailand reporting prime west-coast property appreciation of 8–12% over the past three years, driven by strong international demand, limited beachfront supply, and expanding infrastructure.
Positioned between Surin Beach and Bang Tao Beach in Phuket, Rhea comprises of 295 residences across three five-storey buildings. Located within one of Phuket’s most established and rapidly evolving coastal corridors, Rhea sits just 600m from Surin Beach, widely known as Phuket’s “Millionaires’ Row” and a recognised blue-chip residential enclave, supporting strong rental performance, long-term asset value, and prestige ownership appeal.
Tycoon Marché, located just 200m from Rhea, is an upcoming upscale shopping and lifestyle destination inspired by Covent Garden, London, featuring boutique retail and gourmet dining across over 6,000 sqm of commercial space. This highly anticipated development is expected to significantly enhance local convenience while driving future area value and strengthening rental appeal. In addition, the ultra-luxury five-star Amanpuri resort is located just 10m away, renowned for its privacy, exclusivity, and high-profile clientele, further reinforcing the area’s affluent positioning and sustained desirability.
Strategic Proximity
Occupancy rates in Phuket (Jan–Nov 2025) reached 76%, up +1.5% year-on-year, highlighting sustained demand and continued market strength. Phuket International Airport is approximately 20km away, offering strong international connectivity and further enhancing short-stay rental performance and Airbnb investment appeal.
Positioned on Phuket’s west coast, which particularly remains a key focus for residential and rental demand corridors due to its balance of natural surroundings and modern infrastructure, Rhea sits between two of its most desirable beaches: Surin Beach (600m) and Bang Tao Beach (350m).
Amenities
Amenities include a 900m² leisure swimming pool, yoga lawn, and sunset terrace, reflecting the evolving expectations of Phuket’s luxury rental market, increasingly shaped by long-stay visas and remote work adoption. Positioned for both short- and long-term stays, Rhea offers rental flexibility and is expected to appeal to digital nomads seeking flexible accommodation and expatriates seeking residential living, supporting consistent occupancy and strong rental performance.
Why Phuket?
Phuket continues to demonstrate strong international demand and long-term growth. After recording over 17.4 million passengers, Phuket International Airport is undergoing a 6 billion baht expansion project designed to increase annual capacity to 18 million passengers by 2031. Combined with foreign residents accounting for over 20% of Phuket’s population, one of the highest concentrations in Thailand, the island continues to reinforce long-term desirability, resilient occupancy, and enduring capital appreciation.
With projected rental yields of up to 9%, Rhea delivers a compelling balance of income potential, capital appreciation, and lifestyle-led demand in a globally sought-after investment market.
Why Thailand?
Phuket stands as Thailand’s international island hub, set within key Southeast Asia travel routes and underpinned by strong global air connectivity. The vibrant coastal island welcomed 9 million tourists in 2025, further reinforcing its position as one of the region’s most visited destinations.
Connectivity
Increasingly, the island has become a leading choice for modern digital nomads, driven by its unbeatable cost-to-lifestyle ratio, strong digital infrastructure, and welcoming culture. It continues to gain momentum as a preferred destination for expatriates, offering a tropical lifestyle, exceptional quality of life, pristine beaches, and an expanding retiree community.
Growth
Thailand is widely regarded as a politically stable and hospitable destination, making it as a regional safe haven for capital. Supported by a resilient economy, stable currency performance, and approximately 2.4% growth in 2025, the market offers a strong and secure foundation for property investment.
Safety
Available Layouts
1- and 2-bedroom residences range from 30m² to 60m², with estimated rental yields of up to 7% for one-bedroom apartments and up to 9% for two-bedroom units. Many homes feature private balconies and resident parking, with dedicated pet-friendly apartments available.
The development’s nature-inspired design embraces filtered natural light and airy interiors, with all units designed around open-plan living, dining, and kitchen areas. Select residences also offer pool or garden access.
Virtual Walkthrough
Thailand’s Leading Development Company
With a developer this established, transparent, and widely recognised, Rhea represents a reliable choice for investors seeking confidence and clarity in their investment. Backed by over 14 years of success in Phuket and a proven track record of 17 projects, the development benefits from the expertise of one of Thailand’s most respected and award-winning property developers, including recognition at the PropertyGuru Thailand Property Awards 2025.
From The Magazine
-
Freehold Property in Thailand: A Guide for Foreign Buyers
In Thailand, foreigners can own freehold property by purchasing a condominium unit. We discuss the benefits of buying freehold property in Thailand and outline the process for foreigners.
-
From Tropical Retreats to Lucrative Returns: The Allure of Real Estate in Phuket
As one of the most popular destinations in Thailand, Phuket is a real estate hotspot with unique appeal. We explore the main reasons why investors are loving Phuket property.
-
Long-Term Resident (LTR) Visa with New Rules and Relaxed Criteria
Thailand’s Long-Term Resident (LTR) Visa scheme has been revamped in 2025, broadening the potential for wealthy and skilled foreigners wishing to relocate to Thailand.