When buying freehold
A foreign-quota condominium is registered in the buyer’s name. Purchase funds must enter Thailand with the correct purpose so the receiving bank can issue the foreign-exchange evidence used at the Land Office.

A private enclave of 9 villas in Cherng Talay — a private pool and Tree House Pavilion at each
Annara Residences — villa project, Bang Tao · Laguna: entry from ~$1,233,632, from $2,772 per sqm. Beach: Bang Tao, ~5 km. Both freehold and leasehold available. Yield: ~6% developer forecast. Completion: off-plan, expected second half of 2026 (Q3–Q4, the exact quarter varies by source).
Annara Residences is a private enclave of just 9 villas by developer Fivewood Estate in Cherng Talay, on a gated 4,399 sqm plot. The project is under construction: the official groundbreaking ceremony took place in January 2026, with completion planned for the second half of 2026.
Annara Residences is marketed as being “near Bang Tao,” but it is actually an inland Cherng Talay location: Bang Tao beach is about 5 km away, while the Boat Avenue and Porto De Phuket retail hubs are only ~3 km away (about 4 minutes by car). The developer transparently publishes a full list of distances: HeadStart International School — 4 km, HKT airport — ~19 km (25–30 minutes), Bangkok Hospital — ~19 km. A neighboring project in our catalog is ANSAYA: also a gated villa enclave in the Cherng Talay area, but with smaller villas and a longer track record on the market (the first phase was completed in 2023).
Entry starts from ~$1,233,632 for a Nara-type villa — 4 bedrooms, about 445 sqm on a ~365 sqm plot. The larger Anna-type villa (5 bedrooms, ~656–661 sqm) is priced individually per specific lot. Every villa comes with a private 12–15 metre pool with a jacuzzi and a separate Tree House pavilion that can be used as a home spa, gym, studio, or office — an option rare for the island, since this kind of space is usually built into the villa itself rather than housed in a separate pavilion. The CAM fee is about 25 THB per sqm of plot area per month, paid a year in advance. Managed rental carries a developer forecast of around 6% per year — a marketing estimate: the project has no payout track record of its own yet, since it is still under construction.
Fivewood Estate is a Bangkok-based development company for which Annara Residences is the first publicly confirmed project on Phuket; the official sales launch took place in January 2026. We were unable to confirm the company’s claimed “almost 20 years in real estate” with a list of other completed properties — worth keeping in mind as an off-plan risk. The completion date also is not perfectly pinned down: different sources cite either the third or fourth quarter of 2026 — the current schedule is worth confirming with the developer before booking. On the practical downside: the project has no shared clubhouse amenities (pool, gym) — all infrastructure is private to each villa rather than shared across the complex.
Who it suits: a buyer looking for a compact villa with unusual private infrastructure (a separate spa/gym pavilion) in a quiet gated enclave, and willing to take on the off-plan risk of a development team new to the island. Buyers who need a confirmed developer track record should compare the economics with projects from established companies in the same area.
Our role as an agency is to confirm the current construction schedule and the price of a specific lot (Nara or Anna) before reservation, clarify the ownership structure and CAM fee terms, and benchmark Annara Residences’ economics against neighboring Cherng Talay projects for the buyer’s budget.
Prices and availability change; data is accurate as of the page update date. Request a fresh price list — we send it the same day. Updated: July 2026.
Our catalog currently tracks 132 projects in Bang Tao · Laguna; new-build entry level here: from ~$87,852. Annara Residences’s entry price is about 82% above the district median — the project sits in the upper segment of the location.
The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.
Neighbours are picked by the same property type and the closest entry price in the same area — the projects our buyers actually shortlist against each other. Figures recalculate with every catalogue update.
| Annara ResidencesThis project | Mouana Grande Chalong Bay | Salila Villas | |
|---|---|---|---|
| Price from | from ~$1,233,632 | from ~$1,225,213 | from ~$1,243,137 |
| $/sqm | $2,772 | $2,388 | $2,763 |
| Beach | Bang Tao, ~5 km | Kata and Rawai, ~9 km | Bang Tao, ~3 km |
| Completion | Under constructionoff-plan, expected second half of 2026 (Q3–Q4, the exact quarter varies by source) | Completedphase 1 move-in ready, remaining units off-plan | Under constructionoff-plan, construction ~10–24 months (~12 on average) from purchase date |
| Ownership | freehold / leasehold — leasehold capped at 30 years with two extensions | freehold / leasehold | freehold / leasehold |
| Rental program | yes | yes | yes |



The developer information in this listing states: freehold / leasehold — leasehold capped at 30 years with two extensions. This is the project-level starting point, not a legal opinion on a particular unit. The contract, title, foreign quota and seller authority must be verified before reservation.
A foreign-quota condominium is registered in the buyer’s name. Purchase funds must enter Thailand with the correct purpose so the receiving bank can issue the foreign-exchange evidence used at the Land Office.
A foreign buyer may own the structure but cannot directly own Thai land. The land element is normally held through a registered long lease or another lawful structure. Term, renewals, inheritance and resale rights must be explicit in the contract.
Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.
This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.
Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.

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The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.
Availability changes weekly and isn’t published here. We’ll send the list of free units, an honest read on the negotiating room, and a net-yield calculation for your unit with every cost included.
From ~$1,233,632 for a Nara-type villa with 4 bedrooms (~445 sqm on a ~365 sqm plot). The larger 5-bedroom Anna villa (~656–661 sqm) is priced individually per specific lot.
Fivewood Estate — a Bangkok-based development company; the project’s official sales launch took place in January 2026. We found no public list of other completed projects by the company on Phuket.
Expected in the second half of 2026. The exact quarter (Q3 or Q4) varies by source — we confirm the current schedule before booking.
Both options are available. Leasehold is structured for 30 years with two extensions of the same term; leasehold tax is lower than freehold tax.
Yes, the developer states a forecast of around 6% per year. This is a marketing estimate, not a guaranteed payout — the project has no rental track record yet since it is still under construction.
About 5 km to Bang Tao — the villa is positioned as “near Bang Tao” but not beachfront, so a car is needed to get there.
The key difference is a separate Tree House pavilion at every villa — an option rare for the island. We will compare the economics with ANSAYA and other projects in the area against a specific budget.
Funds arrive from abroad in foreign currency and the Thai bank issues an FET form. Without it the Land Department will not register freehold to a foreigner, so we agree the amount and payment reference in advance.
Take the PDF: developer prices, one-off fees, owner costs and net yield — on the current price list. Or message us on WhatsApp, we reply within 15 minutes.