Introduction:
Monetaria Villas is a luxury villa project located in the scenic southern region of Phuket, specifically in Rawai. This off-plan development is designed for both investors seeking high ROI potential and expats looking for a serene lifestyle in a beachside retreat. The villas feature a modern design and are nestled just 850 meters from Rawai Beach, allowing residents to enjoy the fresh seafood and natural beauty of the Andaman Sea.
Why It’s Worth a Look:
Monetaria Villas offer a prime location in Rawai, close to top amenities, emerging developments like the Rawayana Project, and the renowned Nai Harn Beach. Plus, with customizable smart homes and competitive pricing for off-plan buyers, this project provides a unique opportunity for both investment and living.
Location:
- Address: Soi Werachod, Rawai, Mueang, Phuket
- Area Overview: Rawai, located on the southern tip of Phuket, has grown in popularity due to its laid-back atmosphere, great dining options, and proximity to the islands. While the area is about a 30-40 minute drive to the central part of Phuket, Rawai offers a more relaxed, local feel compared to the bustling tourist spots further north.
- Accessibility: Approximately 45 minutes from Phuket International Airport, with easy access to local transport, Rawai Beach, and other southern landmarks.
- Nearby Amenities:
- Supermarkets: A few minutes away from the new Top Supermarket
- Dining & Entertainment: Plenty of top-tier restaurants, including beachfront spots. Also close to the Rawayana Project, another significant development in the area.
- Leisure: Nearby Nai Harn Beach, and long-tail boat access to surrounding islands during high season.
Does this area fit your lifestyle or investment goals? It’s quiet, scenic, and perfect for those who enjoy a more peaceful beachside environment while still being connected to the island’s main attractions.
Project Overview:
- Type: Luxury villa complex with 35 units.
- Building Specs: Each villa is a modern-style, single-floor residence with its own private pool. The roads within the complex are wide, and the development is built on elevated land to ensure no water drainage issues. The villas come with smart home features like digital locks and home automation systems.
- On-site Amenities: The development includes a clubhouse, a communal gym, a large garden area, and a pickleball court (with a potential second one being considered). It also has extensive water storage facilities.
Property Types Available:
- Type A: 3-bedroom villa, 274 sqm, starting at ฿17.9M.
- Type B: 4-bedroom villa, 375 sqm, priced at ฿22.9M.
Both types are equipped with private pools, spacious living areas, and modern green landscaping. The 4-bedroom units are in higher demand due to the limited supply of larger villas in Rawai, making them a more attractive investment option, especially for holiday rentals.
Pricing, Timeline, and Payment Schedule:
- Starting Prices: From ฿17.9M (Type A) and ฿22.9M (Type B).
- Timeline: Expected completion is Q2-2025, with construction milestones based on a clear payment schedule.
- Payment Schedule:
- 2% reservation fee
- 28% upon signing the purchase agreement (within 30 days)
- 20% at the start of construction
- 20% upon roof completion
- 10% upon completion of floor and walls
- 10% after building completion
- 10% on villa handover (land registration)
- Special Offers: Early-bird pricing for off-plan buyers with significant price jumps expected post-launch.
- Common Fees: ฿12,000 per month, paid yearly in advance. A one-time sinking fund fee of ฿100,000 is required.
- Furniture Packages: Offered at ฿2M for 3-bedroom units and ฿3M for 4-bedroom units.
- Foreign Buyer Restrictions: As this is a land-and-house package, foreign buyers will need to purchase through a Thai company or under a leasehold arrangement.
Price Comparisons in the Area:
- Comparison: Monetaria Villas are priced competitively with similar luxury developments in Rawai, though the early-bird prices are a great deal. In comparison to other projects, villas of this caliber in Rawai generally see an increase in price once construction progresses.
- Market Trends: Property prices in southern Phuket are on the rise, especially for luxury developments. The shortage of 4-bedroom villas in Rawai makes this development particularly appealing for investors looking to capitalize on the high demand for holiday rentals during peak season.
The Developer:
- Developer Profile: ABC Developer Co., Ltd. has an impressive track record, with extensive experience in commercial and industrial projects. They have also partnered with reputable contractors like CN98 and JDP Systems.
- Trust Factor: Monetaria Villas is backed by a developer with industry recognition, having won awards from PropertyGuru. The project is also a joint venture between a local Phuket landowner and a Bangkok-based developer, giving it a solid foundation.
Conclusion:
Why This Development? Monetaria Villas is a great choice for both investors and expats. With its strategic location in Rawai, close to the beach, and the potential for high rental yields (up to 16.7% ROI on 4-bedroom units), this project stands out. The villas are spacious, smartly designed, and come with the added bonus of being customizable during the off-plan stage.
Key Selling Points:
- Prime location just minutes from Rawai Beach and emerging infrastructure.
- High ROI potential for holiday rentals, especially with the scarcity of 4-bedroom villas in the area.
- Customizable smart homes with modern amenities, making it an attractive choice for both investors and those looking to relocate.
