263 units in Bang Tao by Art House Group — 500 m to Boat Avenue, a 5% income guarantee for 3 years
Above Element Condominium is a large off-plan project by Art House Group in Bang Tao: two seven-storey buildings totalling 263 units, with full-cycle infrastructure and a stated rental income guarantee for the first three years. It is one of the few projects in the district combining proximity to the Boat Avenue retail cluster with a relatively accessible entry price.
The complex sits just ~500 metres from Boat Avenue, the west coast’s main shopping and dining cluster, and about 1.5 km from Bang Tao Beach. For comparison, the closest entry-price competitor in our catalog is Rhea by Sansiri by national developer Sansiri: a similar entry price, but a different developer profile and a location a bit further from the retail infrastructure. Above Element specifically bets on walking-distance access to Boat Avenue — a rare edge for a project at this price point.
Entry from ~$148,816 for a compact 1-bedroom of ~38 sqm is an accessible price for a location within walking distance of the district’s main retail cluster. Larger layouts — 2-bedrooms of ~47 sqm and 3-bedrooms up to ~138 sqm — are available per the current price list. The management company states a 5% annual income guarantee for the first three years — the wording sounds like a contractual obligation, but the exact payout source, cancellation terms and what happens after year three are worth checking in the contract rather than taking on faith from marketing materials.
Art House Group is a developer with a real Phuket portfolio: around 9 projects and roughly 995 units, including delivered properties. Above Element Condominium is set for completion in August 2026 — the project is already in its final construction stage, which lowers the typical off-plan risks compared to projects just starting out. The transparency weak spot is the absence of public CAM fee and sinking fund data, worth requesting before reserving a specific unit.
Who it suits: an investor looking for a compact unit within walking distance of Bang Tao’s retail infrastructure, willing to treat the stated yield guarantee as a marketing benchmark that needs contract verification. Buyers who need permanent, spacious housing should look at 3-bedroom layouts or other districts on the island.
Our role as an agency — to request the exact yield guarantee terms and management contract from the developer, clarify CAM fee and sinking fund before reservation, verify the current construction status before the deal, and support the process through to title registration. The developer pays our commission — the price stays the same for the buyer.
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 123 projects in Bang Tao · Laguna; new-build entry level here: from ~$93,683. Above Element Condominium’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.
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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From ~$148,816 for a 1-bedroom of ~38 sqm. 2-bedrooms of ~47 sqm and 3-bedrooms up to ~138 sqm are priced per the current list.
Art House Group, a Phuket developer active since 2012 with a portfolio of around 9 projects and ~995 units on the island.
August 2026 — an off-plan project in its final construction stage.
Both ownership options are available.
Yes, the management company states a 5% annual guarantee for the first 3 years. This is a developer claim — verify the exact terms and payout source in the contract.
About 1.5 km to Bang Tao Beach and just ~500 m to the Boat Avenue retail cluster.
The closest entry price in our catalog is Rhea by Sansiri ([villacarte/catalog/rhea-by-sansiri](/villacarte/catalog/rhea-by-sansiri)) by national developer Sansiri. Above Element offers a location closer to Boat Avenue and a stated yield guarantee, but without Sansiri’s corporate scale behind it.
