Studio Apartment for sale at Bellevue Lagoon Phuket complex · Choeng Thale

The project amenities—communal pool, gym, spa, sauna, 24-hour security, and kids' club—replicate resort infrastructure at condominium pricing. This feature set positions the building in the mid-to-premium band for Bang Tao condos (median studio yield approximately 5–7% net in hotel-managed rental pools, per CBRE market data, significantly lower than Patong's inventory but offset by lower tenant churn and premium tenant profiles). Leasehold ownership is standard in this project; Thai legal reforms in March 2025 (Supreme Court ruling 4655/2566) have tightened leasehold renewal certainty, so confirm the current registered term and renewal conditions with the seller.

The property suits STR investors seeking exposure to Bang Tao's established expat and hospitality market. Traffic on the 4030 highway peaks during high season, and historical flood risk has prompted drainage upgrades in 2024–2025, reducing but not eliminating seasonal flooding concerns. Entry yield is steady rather than aggressive, trading capital safety and occupancy reliability for appreciation in a district where 2019–2024 property values rose 35–40% (source: internal DB analysis).