A Sansiri condo between Bang Tao and Surin with a lagoon pool and a pet-friendly grounds
Rhea by Sansiri — condo project, Bang Tao · Laguna: entry from ~$139,290, from $4,643 per sqm. Beach: Bang Tao, ~350 m; Surin, ~600 m. Both freehold and leasehold available. Yield: ~7% projection. Completion: November 2027.
Rhea by Sansiri is a condominium by national developer Sansiri on a roughly seven-rai site between Bang Tao and Surin beaches, two of west Phuket’s most recognisable spots. Three five-storey buildings totalling 295 units are being built around a lagoon pool set in greenery — a format typical of Sansiri, leaning on shared grounds rather than just square metres inside the unit.
Location sits between Bang Tao and Surin: about 350 metres to the former and roughly 600 metres to the latter. That’s not first line to either beach, but it gives buyers access to two distinct locations at once — Bang Tao’s developed resort infrastructure of restaurants and bars, and the calmer, more family-oriented Surin.
Entry economics start from ~$139,290 for a one-bedroom unit of 30–35 sqm, with two-bedroom formats (48–65 sqm) available on request. For comparison, our catalog also features Diamond Condominium in the same Bang Tao district, starting cheaper at ~$121,341 — but the key difference isn’t price, it’s stage: Diamond Condominium is already completed (since 2018), while Rhea is still under construction. Rhea’s grounds are noticeably designed for a long-term owner’s comfort, not just an investor’s: pet-friendly zones, coworking and work spaces, EV charging stations and 24-hour security with CCTV — a set of amenities rarely found in compact investment condos at this price point.
Sansiri is Thailand’s largest public development company, with hundreds of delivered projects nationwide and more than 100,000 units handed over; in Phuket it runs about two dozen projects from Bang Tao to Mai Khao. For a buyer, that mainly translates into national-scale corporate reliability — something smaller local developers with one or two projects to their name often can’t match. The project is still under construction, with handover due in November 2027 — that makes it off-plan: the unit can’t be inspected in person until construction finishes, and the purchase relies on trust in the developer’s schedule. As a large public company, Sansiri carries higher reputational risk from missing deadlines than a small local developer, but that doesn’t remove the need to track actual construction progress as the delivery date approaches. CAM fee and sinking fund figures are not disclosed by any source we checked. The projected rental yield is around 7% per year; like any projection, it’s not a contractual guarantee but a benchmark that depends on future demand in the area.
Who it fits: a buyer for whom brand reliability and the developer’s corporate reputation matter more than the lowest possible entry price, and who is willing to wait for delivery through late 2027 in exchange for access to two beaches and well-designed shared infrastructure. Buyers wanting a finished asset right now should compare with completed projects nearby.
Our job as an agency is to track construction progress as the delivery date approaches, compare specific units by budget and view, verify the ownership structure (freehold or leasehold) and rental program terms, and support the deal from reservation to title registration. The developer pays the commission — the buyer’s price doesn’t change.
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. Rhea by Sansiri’s entry price is about 79% below the district median — one of the most affordable starts in the area.
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.
| Rhea by SansiriThis project | The Title Heritage | Skypark Residences | |
|---|---|---|---|
| Price from | from ~$139,290 | from ~$139,300 | from ~$140,500 |
| $/sqm | $4,643 | $4,959 | — |
| Beach | Bang Tao, ~350 m; Surin, ~600 m | Bang Tao, ~2–2.5 km (not walking distance, transport needed) | Bang Tao, ~800 m |
| Completion | Under constructionNovember 2027 | Under constructionoff-plan, estimated Q3 2026 | Aurora (buildings A–C) completed in 2023 and fully sold out |
| Ownership | freehold / leasehold | freehold (2% transfer tax) / leasehold (0.55% tax) — both options offered by the developer | freehold / leasehold |
| Rental program | yes | yes | yes |
The developer information in this listing states: freehold / 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.
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.
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.
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 ~$139,290. Price depends on size (30–65 sqm) and number of bedrooms.
Sansiri — Thailand’s largest public development company, running about two dozen projects in Phuket from Bang Tao to Mai Khao.
November 2027 — the project is under construction, so it’s off-plan.
Both ownership forms are available — freehold and leasehold, confirmed per specific unit.
Yes, the developer projects a yield of around 7% per year. This is a projection, not a guarantee — actual returns will depend on occupancy once the project is delivered.
About 350 m to Bang Tao and about 600 m to Surin — the complex sits between two beaches, but isn’t first line to either.
The key differentiator is the Sansiri brand: a national developer with hundreds of delivered projects across the country, which for many buyers means more predictable timelines and standards than local developers offer.
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.
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.