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VIP Space Odyssey - Phase 2

- AVA000974

Rawai, Phuket, Thailand

Price: ₹1.22 CrBaths: 1Sq. Ft.: 315.4/Sq. Ft.: ₹38,796 / sq.ft
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APARTMENTListed by AvacasaUnder Construction
1 / 7
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VIP Space Odyssey - Phase 2 is the second release of VIP Thailand Group's space-themed resort community in Rawai, on the southern tip of Phuket. The full masterplan spans 25,600 sq.m. and 574 condominium units alongside 23 pool villas; Phase 2 delivers Buildings 3 (eight storeys) and 4 (five to six storeys) together with a cluster of 12 private pool villas, for 287 residences and 12 villas in this phase. Residences range from compact 29 sq.m. studios through 32-45 sq.m. one-bedroom units and 60-69 sq.m. two-bedroom apartments, up to standalone 120 sq.m. two-bedroom pool villas, and are handed over fully furnished with a curated furniture package. Depending on floor and building, units enjoy garden, mountain, communal-pool or sea views. Shared facilities across the community include two rooftop infinity pools, two fitness rooms, kids' clubs, a restaurant, three retail shops, a commercial building, a rooftop terrace and a playground, supported by a VIP concierge service. Freehold ownership is available and the developer offers a 6% guaranteed rental return for the first three years, making the project suited to both lifestyle buyers and investors. Phase 2 is under construction with completion targeted for 2029.

Property Details

Micro-market
Rawai, Phuket
Property Type
Apartment
Built-up Area
315.4 sq ft
Status
Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Expected Completion

To be announced soon

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
Studio315.4 sq ft₹1.22 CrUnder Construction
Studio316.5 sq ft₹1.23 CrUnder Construction
Studio341.2 sq ft₹1.32 CrUnder Construction
1 BHK344.4 sq ft₹1.34 CrUnder Construction
1 BHK484.4 sq ft₹1.88 CrUnder Construction
2 BHK645.8 sq ft₹2.59 CrUnder Construction
2 BHK745.9 sq ft₹2.89 CrUnder Construction
2 BHK1,291.7 sq ft₹6.05 CrUnder Construction

Property Information

  • Community: VIP Thailand Group
  • Project Name: VIP Space Odyssey - Phase 2

  • Listing Price: ₹1.22 Cr
  • List Date: Jul 15, 2026
  • Days on Market: 0
  • Listing ID: AVA000974
  • Status: Under Construction

  • Project Area: 6.326 acres
  • Construction Type: Building 3 (8 storeys) and Building 4 (5-6 storeys)

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold
What you actually hold
  • You hold freehold title to the condominium unit or the house and the land under it, recorded on a chanote title deed at the Land Department.
Key rules and restrictions
  • There is no foreign quota constraint on you.
  • Buying as a nominee for a foreign buyer is a criminal offence under the Land Code.
  • Land in some zones carries agricultural or forestry use restrictions.
Funds and process
  • Pay through Thai banking channels. Transfer completes at the provincial Land Office where the deed is endorsed on the day.
Taxes
  • Transfer fee is 2% of the appraised value, usually split between buyer and seller. Specific business tax of 3.3% applies if the seller held the property for less than five years, otherwise stamp duty of 0.5% applies. Withholding tax also applies to the seller on a progressive basis.
Verify before you buy
  • Check the chanote at the Land Office for mortgages and servitudes.
  • Confirm the building permit matches the structure.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in Thailand before you commit.

Investment Information

  • Capital Appreciation: 8%

Location

Rawai, Phuket, Thailand

  • Airport: Phuket International Airport - 25 km
  • Railway: Surat Thani Train station - 212 km
  • Highway: Highway 402 - 5 km
  • Hospital: Patong Hospital - 11 km
  • Grocery: Kamala Market - 1.2 km
  • Beach: Kamala Beach - 900 m

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
8.8 / 10Phuket FantaSeaCultural Theme ParkEvening0.8 km
8.8 / 10Kamala BeachBeachNovember to April0.9 km
9.2 / 10Carnival MagicTheme ParkNight1 km
-Tsunami Memorial ParkMemorialDaytime1.4 km
-Laem Singh BeachBeachNovember to April2.5 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Shining Stars SchoolPreschool1.5 km-
British International School PhuketInternational School19 kmOffers British National Curriculum and IB Diploma.
Kajonkiet International SchoolInternational School18 kmCo-educational day school for ages 2 to 18.
HeadStart International SchoolInternational School16.9 kmOffers the English National Curriculum for students from 2 to 18 years of age.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Patong HospitalHospital11 kmThe main public hospital in the Patong area.
Bangkok Phuket Clinic KamalaClinic-Branch of Bangkok Hospital Phuket.
Citycare ClinicClinic0.5 kmFull-service medical clinic with multilingual staff.
Dr. Sonita ClinicClinic0.4 kmTourist clinic with English speaking staff.
Dining & Cafes
RestaurantRatingDistanceNotes
Café del Mar Phuket4.30.6 kmInternational beach club brand.
Pine at Intercontinental--Beachfront dining at the InterContinental Phuket Resort.
Lillo Island Restaurant & Bar4.60.7 kmPopular beachfront spot with Thai food and seafood.
Smile Bar4.80.8 kmBeachfront restaurant and bar with local and western dishes.
Blue Manao4.70.6 kmLocal eatery known for authentic Thai cuisine.
333 At The Beach4.6-Part of the MontAzure development.

Ownership economics

Will this home pay for itself?

Enter your interest rate to see this
We don't have a financing rate for this market yet - add your rate in Buy, or switch to All cash.
Break-even occupancy
-
Total return
- over 5 yr

1Buy

What you pay to own it.

listed
Funding
market estimate - data coming
Monthly EMI-
Service charges-
market estimate - data coming

2Earn

What it brings in as a holiday rental.

market estimate - data coming
Occupancy-
market estimate - data coming
Avacasa managed
Gross rental / mo-
Net rental / mo-

3Grow

What it could be worth.

Appreciation / yr-
market estimate - data coming
Value in 5 yr₹1.22 Cr
Appreciation gain-
Equity built₹48.94 L
Estimates from Avacasa market data and your inputs. Occupancy and appreciation move with the market, so treat these as guidance, not a guarantee. Every assumption above is editable.