Living Residence Phuket

Living Residence Phuket is a completed residential development in Phuket Town, a central tourist zone that sits inland from the island's coastal resorts and represents a distinctly different market segment. Finished in 2013, the project comprises 19 units spread across six floors, offering both houses and villas with a mix of architectural styles and price points. Currently, the development has two active listings in the market, priced between 3.4 million and 56 million baht, reflecting the considerable variance in unit specifications and sizes.

The property functions with hotel management oversight, which distinguishes it from purely residential complexes. This arrangement means owners benefit from professional front-of-house operations, including 24-hour security, a manned reception and lobby area, and maintenance of communal facilities. Residents have access to a communal swimming pool and gym, amenities that add practical value to the ownership experience. Dedicated car parking is available, addressing a practical need in Phuket Town where vehicular access and storage remain important considerations. The combination of these features suggests the development was conceived to appeal to both owner-occupiers and investors seeking hands-off management structures.

Phuket Town functions as a distinct investment category compared to beach-focused developments. The zone draws fewer short-term rental tourists and caters instead to professionals, retirees, and local buyers seeking townhouse and villa living without premium coastal pricing. The hotel-managed model at Living Residence suggests a historical positioning toward part-time occupancy and transient guests, though the current market mix of active listings indicates diversified ownership intent. For investors evaluating this zone, properties with hotel management typically target long-term residency rather than high-velocity short-term rental yields, with annual returns generally ranging between four and seven percent depending on occupancy and management efficiency. The price range here, extending from low-to-mid tier to upper-range villas, indicates the property serves multiple buyer categories, from primary residence seekers to portfolio diversification investors less concerned with beachfront premium valuations.