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.

Villas on Cape Panwa at the operating 5-star Sri Panwa resort
Sri Panwa — villa project, Panwa: entry from ~$1,437,836, from $3,500 per sqm. Beach: Cape Panwa (Ao Yon), ~80 m. Both freehold and leasehold available. Yield: ~6% developer projection. Completed: the resort has operated since 2004.
Sri Panwa is a villa residence collection at the operating 5-star resort of the same name on Cape Panwa, the southern tip of Phuket. The resort has run since 2004; the residences for sale came later, roughly 2016–2019 — the developer doesn’t publish an exact date. The estate spans about 40 acres, with villas across formats — from compact 1–2-bedroom units to 4–5-bedroom residences up to about 1,600 square meters.
Location is a major strength: about 80 meters to Ao Yon beach on Cape Panwa, unusual for an ultra-luxury villa collection of this territorial scale. Cape Panwa itself is a quiet, secluded location on the island’s southern tip, away from the tourist density of the west coast; the nearest city infrastructure is Phuket Town, about 11.7 km away.
Entry pricing starts from ~$1,437,836 for a compact 1–2-bedroom villa. Residences with 4–5 bedrooms and up to ~1,600 sq.m. cost multiples more — the top of the on-site range reaches ~$8,064,516. Comparing price-per-sqm with mass-market villa estates on the west coast isn’t quite fair here — the buyer pays not just for space and a private pool but for the full hotel service of an operating resort: 7 restaurants, 3 poolside bars, the rooftop Baba Nest, Cool Spa, and concierge.
The developer is Charn Issara Development PCL, a Thai public company listed on the Stock Exchange of Thailand since 2002 and in the property business since 1989. That’s unusual for the ultra-luxury villa segment, where most projects are built by private developer entities with no public disclosure — here the buyer deals with a company obligated to report financials to a regulator.
Ownership within the project is mixed: some villas are full freehold, others sit on long-term land leases. That means the structure needs checking per specific lot rather than assumed from the project description — the difference in rights materially affects total cost of ownership and resale terms.
The rental model is the resort’s management program, with a developer projection of around 6% a year. As with any project on the island, that figure is a marketing estimate, not a contractual obligation; at this budget level, many buyers view the villa primarily as a personal asset, with yield as a bonus.
Who it suits: a buyer for whom the reputation of an operating 5-star resort, proximity to water and the seclusion of the island’s southern tip matter more than the dense restaurant-and-entertainment infrastructure of the west coast. Liquidity at this budget level is lower than for mass-market condo formats — finding the right lot can take longer.
Our role as an agency is to source a specific villa with a clear ownership structure, separately verify freehold or leasehold status on the chosen lot, check the resort management program’s terms, and support the deal from reservation to title registration. Commission is paid by the seller or developer depending on the lot — the price to the buyer doesn’t change either way.
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 6 projects in Panwa; new-build entry level here: from ~$1,180,832. Sri Panwa’s entry price is about 56% 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.
| Sri PanwaThis project | Nature’s Rest Cherngtalay | Stella Estate Residences | |
|---|---|---|---|
| Price from | from ~$1,437,836 | from ~$1,421,518 | from ~$1,421,152 |
| $/sqm | $3,500 | $2,253 | $2,900 |
| Beach | Cape Panwa (Ao Yon), ~80 m | Bang Tao, ~4.7 km | Bang Tao, ~5 km |
| Completion | Completedthe resort has operated since 2004 | Under constructionexact date not disclosed — average build time ~12 months from start (10–24 months) | Completedvillas are available for move-in |
| Ownership | freehold available on some lots, leasehold on others — structure depends on the specific unit | freehold / leasehold | freehold / leasehold |
| Rental program | yes | yes | yes |



The developer information in this listing states: freehold available on some lots, leasehold on others — structure depends on the specific unit. 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.

A private lagoon enclave of villas in Bang Tao by the developer of Sri Panwa resort

Just 7 villas right on the quiet Ao Yon bay at Cape Panwa — with a funicular down to the beach

A 7-villa club estate 50 m from the sea on Cape Panwa — from ~$3,263,607
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 ~$1,437,836 for a compact 1–2-bedroom villa. 4–5-bedroom residences up to ~1,600 sq.m. cost significantly more — the final price depends on size and location within the estate.
Charn Issara Development PCL — a Thai public company, listed on the Stock Exchange of Thailand since 2002, in the property business since 1989.
The resort itself has operated since 2004. The villa residence collection for sale came to market later, roughly 2016–2019 — the developer doesn’t publish an exact date; we confirm it per specific lot.
Both occur in the project: some villas are structured as freehold, others on long-term land lease. We check the ownership structure for the specific unit before reservation.
Yes, through the resort’s rental management program, with a developer projection of around 6% a year. That’s a marketing estimate, not a contractual guarantee — we verify actual pool economics separately.
About 80 meters to Ao Yon beach on Cape Panwa — one of the closest-to-water sites at this price level.
All three are ultra-luxury villa projects at operating resorts, but in different locations: Sri Panwa on the island’s southern tip (Cape Panwa), Trisara in the northwest by Layan/Nai Thon, Kata Rocks in the southwest by Kata. We can compare locations, formats and economics for your specific brief.
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.