A condo-hotel 300 m from Bang Tao beach with a 7%-for-5-years guaranteed income
Sole Mio Residences — apart-hotel, Bang Tao · Laguna: entry from ~$135,162, from $3,755 per sqm. Beach: Bang Tao, ~300 m. Both freehold and leasehold available. Yield: ~7% p.a., guaranteed by the developer for 5 years. Phase 1 delivered in September 2023 (operating as the Sole Mio boutique hotel).
Sole Mio Residences is a condo-hotel 300 meters from Bang Tao beach, delivered in two phases by developer Railand Property International together with partner Phuket Asialand. Phase 1 — studios from 36 sqm — was already delivered in September 2023 and operates as the Sole Mio boutique hotel; Phase 2, larger residences from 101 sqm, is still at the foundation stage with handover planned for late 2027. Entry price starts from ~$135,162.
Bang Tao is one of the most developed beach areas on Phuket’s west coast, with a dense network of restaurants, bars and the Boat Avenue retail cluster within a couple of kilometers. Sole Mio sits away from the busiest core of the area but keeps walking-distance access to the sea — about 300 meters, roughly a 4–5 minute walk. In the same Bang Tao area, our catalog also lists Rhea by Sansiri and So Origin Bangtao — both in a similar price segment for compact studios, a useful benchmark for comparing price-to-format ratios.
Entry price starts from ~$135,162 for a 36 sqm studio in the already-delivered and operating Phase 1. Phase 2 units are larger (from 101 sqm) but still under construction, and the developer does not publish a unified price grid by type — the final price should be confirmed for the specific unit at its current construction stage.
The key feature of Sole Mio’s economics is the developer’s 7%-per-year guaranteed income for 5 years, meaning payouts do not depend on actual hotel occupancy in a given period. This condition is rare among off-plan condo-hotels on the island, where a yield forecast tied to actual rental-pool performance is the usual offer. The flip side: the guarantee runs for a limited term, and what happens to the yield after it expires depends on the specific unit’s contract — worth clarifying before reservation.
Railand Property International has already proven itself in practice: Phase 1 was delivered on time (September 2023) and operates as the working Sole Mio boutique hotel — not an abstract rendering, but an asset with an operating history, which lowers some of the risk compared to purely off-plan projects with no delivered phases yet. That said, we found no public portfolio of other projects by the developer beyond Sole Mio — assessing the company’s track record relies on this single, partly-delivered address.
Phase 2 remains at the foundation stage with handover due by late 2027 — standard off-plan construction risk: possible schedule slippage, layout changes at later stages, and the need to check the contract before each payment.
Who it suits: an investor who values a contractual, fixed-term yield guarantee and is willing to treat a compact studio as an entry ticket into a project with an already-operating first phase. Buyers who need a public developer with a long track record of delivered projects should compare against better-known brands in the same area.
Our role as an agency is to confirm the current Phase 2 price list, clarify the yield-guarantee terms after the 5-year period expires, and verify the ownership structure (freehold or leasehold) for the specific unit before reservation.
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. Sole Mio Residences’s entry price is about 80% 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.
| Sole Mio ResidencesThis project | Layan Green Park | The Trees Residence | |
|---|---|---|---|
| Price from | from ~$135,162 | resale from $142,602 | from ~$119,676 |
| $/sqm | $3,755 | $4,753 | $2,909 |
| Beach | Bang Tao, ~300 m | Layan, ~2 minutes | Bang Tao, ~2.5 km |
| Completion | Phase 1 delivered in September 2023 (operating as the Sole Mio boutique hotel) | Under constructionPhase 1 operating since 2024, Phase 2 — 2026 | Under constructionSeptember 2028 |
| Ownership | freehold / leasehold | freehold / leasehold | freehold (foreign quota) |
| Rental program | yes | yes | yes |
| Guest rating | — | 4 / 5 · Tripadvisor | — |
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 ~$135,162 for a studio from 36 sqm in the already-delivered Phase 1. Phase 2 units (from 101 sqm), still under construction, cost more — the exact price depends on the specific unit.
Railand Property International, together with partner Phuket Asialand. Phase 1 has already proven itself in practice: delivered in 2023 and operating as the Sole Mio boutique hotel.
Phase 1 was delivered in September 2023. Phase 2 is at the foundation stage, with handover planned for late 2027.
Both options are available — freehold and leasehold; the exact structure depends on the unit.
The developer guarantees 7% per year for 5 years regardless of actual hotel occupancy — a rare condition for an off-plan condo-hotel in Phuket.
Rhea by Sansiri is a project by a well-known public developer with a comparable entry price, but without a yield guarantee. Sole Mio offers a contractual 7%-for-5-years guarantee, but from a developer without a large public track record.
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.