The One Naiharn

The One Naiharn is an 8-storey condotel with up to 16 unit types, 1.2 km from Nai Harn beach, managed by 5-star hotel operator Burasari Group with a guaranteed yield for the first 3 years. The format ranges from compact studios to penthouses, and it’s aimed primarily at investors planning to place their unit into managed rental.

Location and surroundings

The project sits in Nai Harn — a quieter, less touristy area in the south of Phuket, known for one of the island’s most scenic beaches and its proximity to Promthep Cape. The One Naiharn is about 1.2 km from the beach — beyond genuinely walkable distance, but the developer has arranged its own shuttle. In the same area, our catalog also lists the more affordable Utopia Dream Nai Harn 2 (from ~$97,908) and the finished Wyndham Grand Nai Harn (from ~$239,639) under the global Wyndham brand — The One Naiharn sits between the two on both price and positioning.

Nai Harn overall is calmer and less densely built up than the island’s northern tourist clusters like Patong or Bang Tao — a plus for buyers seeking a quieter atmosphere, but a minus in terms of everyday infrastructure density within walking distance: the area’s shops and restaurants are fewer in number than in Bang Tao or Kamala. The complex partly offsets the distance to the beach and the area’s modest infrastructure with its own amenities: three outdoor pools plus a separate cold-water pool, a spa, sauna, gym, kids’ room, and landscaped grounds — effectively a compact mini-resort inside a single building, not just a residential block with a rooftop pool.

Economics and pricing

Entry starts at ~$119,313 for a studio, positioning The One Naiharn between the budget Utopia Dream Nai Harn 2 and the branded Wyndham Grand Nai Harn. The key difference from both neighbours isn’t the price itself but the yield terms: villacarte lists a guarantee of ~7% annually for the first 3 years — a fixed payout to the owner regardless of actual occupancy during that period, rather than a projection.

Management by hotel operator Burasari Group adds brand recognition for tenants and can potentially make it easier to keep occupancy up: a guest booking through familiar hotel-chain channels doesn’t need to research the reputation of an unfamiliar local management company. One question worth resolving before booking is what happens to the yield after the 3-year guarantee ends: this usually depends on a transition to a rental-pool model or individual terms, and villacarte doesn’t disclose those details. Up to 16 unit types within one complex also means a noticeable spread in price per sqm across the building — the headline price applies to the smallest studio, not the project average.

Stage, developer and risks

Handover is planned for December 2026, with the project currently under construction. The developer, The One Phuket Co., Ltd., is a partnership of three companies (Athena Siam Limited, Phuket One, The Best Developments); a detailed public delivery track record for the company’s prior projects isn’t disclosed, which is worth weighing as an additional off-plan risk. Separately, our catalog also lists Aura Condominium — another project from the same developer in Chalong, in the south of the island.

A ~7%-for-3-years yield guarantee is a strong marketing argument, but such schemes are typically priced into the unit cost by the developer, so it makes sense to compare the yield against the per-sqm price of direct, unguaranteed neighbours rather than treat the percentage as a pure premium on top of the market rate. The condotel format with full resort infrastructure suits buyers who want turnkey management without personally organizing rentals, but it’s less flexible than an ordinary condo with no single-operator lock-in — switching operators or self-managing the unit is harder here. Before booking at The One Naiharn, we check the real construction status, the terms of the management agreement with Burasari Group, and what happens to yield once the guarantee period ends — so the decision isn’t built on a single attractive number in a brochure.