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Bluepoint Condominium
Patong · Thai Fareast Property Co., Ltd.

Bluepoint Condominium

A completed hilltop condo above Patong with sea views — completed in 2021

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Bluepoint Condominium · Patong
CondominiumCompleted
Price from
~$624,441
unit sizes
178–274 sqm
to the sea
~1.7 km
Patong
declared yield
~6%
projection
Completion
2021
completed, 2021 (project developed in phases)
Ownership
freehold (limited) / leasehold
The short version for an investor

Bluepoint Condominium — condo project, Patong: entry from ~$624,441, from $3,508 per sqm. Beach: Patong, ~1.7 km. Both freehold and leasehold available. Yield: ~6% projection. Completed, 2021 (project developed in phases).

Plus. A completed project with an operating history since 2021 — off-plan risk is off the table
Minus. Few freehold units are available — the company keeps most of the stock as leasehold or Thai ownership
About the project

Bluepoint Condominium is a completed condominium on a hilltop above Patong from developer Thai Fareast Property Co., Ltd.: 3 low-rise buildings of 3 floors each, 2–3 bedroom units of 178–274 sqm with sea views and options to upgrade to a jacuzzi or private rooftop pool. The first phase was completed in 2021.

Location and surroundings

The project sits on a hilltop above Patong — the most tourism-dense area of the island’s west coast — roughly 1.7 km from the beach and 5 minutes’ drive from the Jungceylon shopping mall. This is the first entry from the Patong area in our catalog, so there are no direct neighbors for a price-per-sqm comparison yet; the nearest comparable format is Utopia Karon further south along the coast, from ~$90,793 — but that is off-plan in a different price tier, not a completed view project.

Economics and pricing

Entry starts from ~$624,441 for a 178 sqm unit — the premium for sea views and completed status explains the higher price tag compared with off-plan projects further down the coast. Among details rare for the catalog, specific ownership-cost figures are known: a CAM fee of ฿80 per sqm per month and a sinking fund of ฿700 per sqm one-time. Few freehold units remain available, with most of the stock being leasehold; the current ownership structure for a specific unit is worth confirming on the day of your request.

Stage, developer and risks

The developer is Thai Fareast Property Co., Ltd. — a company with Norwegian roots, on the Thai market since 2008, also present in Bang Tao and Koh Lanta. The project has already been completed since 2021, so the typical off-plan risks (schedule slippage, contractor insolvency) do not apply here — a buyer can assess the actual building rather than a render. The project’s small scale (just 3 low-rise buildings) means a limited choice of units available on the secondary market.

Who it suits: a buyer who wants completed property with sea views in the island’s most touristic area and is not willing to wait for off-plan. Before reservation we’ll verify actual freehold availability for a specific unit, the state of the management company, and the current list of available lots — part of our standard “12 developer checks.”

Key facts
AreaPatong
BeachPatong, ~1.7 km
Completioncompleted, 2021 (project developed in phases)
Price fromfrom ~$624,441
Ownershipfreehold (limited) / leasehold
Building3 low-rise buildings of 3 floors each
Positionhilltop above Patong, sea views
Units2–3 bedrooms, 178–274 sqm
DeveloperThai Fareast Property Co., Ltd. — on the market since 2008

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.

Units & prices
TypeArea$/sqmPrice
2–3 bedroomsoptions to upgrade to a jacuzzi or private rooftop pool178–274 sqm~$3,508from ~$624,441
Availability & price

Which units are free right now — and how far the price really moves

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Bluepoint Condominium vs the Patong market

Our catalog currently tracks 4 projects in Patong; new-build entry level here: from ~$124,630. Bluepoint Condominium’s entry price sits close to the district median.

The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.

All projects in Patong →

How it compares nearby

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.

Bluepoint CondominiumThis projectAngsana Golf Residences TopazSurfhouse Residences
Price fromfrom ~$624,441from ~$699,454from ~$541,692
$/sqm$3,508$5,508$9,028
BeachPatong, ~1.7 kmBang Tao, ~1.8 kmLayan, ~3 km
Completioncompleted, 2021 (project developed in phases)Under constructionDecember 2028off-plan, completion targeted for January 2027
Ownershipfreehold (limited) / leaseholdfreehold (foreign quota) and leasehold — both available under Thai lawfreehold (within quota) / leasehold
Rental programyesyesyes
On-site facilities
PoolGym24-hour security and CCTVParkingReception and conciergeJacuzzi and hot tub (optional in-unit)Lutron smart lightingPrivate ground-floor gardens with water featuresRooftop gardens with a sala and cocktail barRainwater harvesting, eco-rated appliances
Location & distances
Patong beach
~1.7 km
Jungceylon
~5 min by car
HKT airport
~55 min by car
Owner’s ongoing costs
CAM fee
฿80/sqm/month
Sinking fund
฿700/sqm (one-time)
Photos
Strengths
  • A completed project with an operating history since 2021 — off-plan risk is off the table
  • A hilltop position with sea views — a rare format for the Patong area
  • ~5 minutes to the Jungceylon shopping mall and Patong beach clubs
  • Specific CAM fee and sinking fund figures are known — a rarity in the catalog, simplifying the cost-of-ownership calculation
Trade-offs
  • Few freehold units are available — the company keeps most of the stock as leasehold or Thai ownership
  • ~1.7 km to Patong beach — not walkable, transport or a shuttle is needed
  • A small project (3 low-rise buildings) — the choice of available units is limited
  • The stated ~6% yield is a marketing projection, not a contractual guarantee
Legal deal structure

How ownership at Bluepoint Condominium is structured

The developer information in this listing states: freehold (limited) / leasehold. 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.

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.

When buying leasehold

Leasehold is registered as a long-term lease. The review covers the term, renewals, assignment, inheritance, early termination and the landowner’s obligation to register the transaction.

Before the next payment

Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.

Thailand property due-diligence checklist →Bank of Thailand guidance on foreign-exchange transactions ↗

This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.

Yield calculator

Estimate the unit’s returns

Net yield (owner)7.0%
Holding period
Appreciation / year5%
Annual operating costs1.5%
Purchase costs3.0%
Gross annual income
Net monthly income
Annual costs
Cash invested incl. costs
Value at exit
Payback
Total return over period

Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.

Get an exact projection
Similar projects

🎁 A gift with your enquiry

The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.

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Availability & price

Which units are free right now — and how far the price really moves

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.

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Artem Bukhkalov
Artem Bukhkalov · Answers enquiries personally
Founder of Layan Real Estate, authorized sales partner for VillaCarte Group projects
We reply on WhatsApp or Telegram usually within 15 minutes during working hours (9:00–20:00 Phuket time, UTC+7).

FAQ

How much does a unit at Bluepoint Condominium cost?

From ~$624,441 for a 178 sqm 2-bedroom unit; with an upgrade to a jacuzzi or private rooftop pool it costs more.

Who is the developer of Bluepoint Condominium?

Thai Fareast Property Co., Ltd. — on the Thai market since 2008, also active in Bang Tao and Koh Lanta.

When was the project completed?

The first phase was completed in 2021 — this is a finished property with an operating history.

Freehold or leasehold?

Freehold is available in a limited number of units; the rest is leasehold. We check the current quota for a specific unit on the day of your request.

Are there sea views?

Yes, the project sits on a hilltop above Patong — most units have sea views.

What does it cost to own a unit?

The CAM fee is ฿80 per sqm per month; the sinking fund is a one-time ฿700 per sqm at purchase.

How does Bluepoint Condominium differ from Utopia Karon further south along the coast?

Utopia Karon (from ~$90,793) is noticeably more accessible at entry, but it is off-plan in a different area. Bluepoint is already completed with sea views and known operating costs, hence the higher price tag.

Can I live in the unit myself?

Yes, the unit stays yours. Inside a managed rental program the number of owner-stay nights is capped by the contract — we go through the exact terms for this project before you book.

Is the rental income guaranteed?

~6% projection — that is a projection, not a guarantee: actual income depends on occupancy, season and running costs. We model it for the specific unit before the deal.

How do I transfer the purchase money from abroad?

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.

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