Ready lakeside villas in Chalong, ~5 minutes to the BCIS international school — not a beachfront project
Larimar Villas is a community of 35 villas in the Chalong area in the south of Phuket, set by a lake and green zone. The first phase is already completed as of June 2025 and occupied, while the second and third stages are under construction with a horizon of 2026–2027. The format is two-storey, four-bedroom villas of around 338–339 sqm, each with its own pool and terrace. The developer, Athena Developer, is making its debut in Phuket real estate with this project — before Larimar, the company spent more than 20 years working in other industries. Entry is from ~$526,782.
Chalong is a southern residential area of the island, away from the tourist density of the west coast, with well-developed social infrastructure. The key advantage of Larimar Villas’ location is being about 5 minutes by car from the BCIS international school, making the project a notable option for families with children. The nearest beaches are far away: about 8.6 km to Karon and around 12 km to Nai Harn, so a car trip is essential. In the same Chalong area our catalog also has Elite Hillside Villas — an off-plan project with a lower entry point (from ~$414,040), a useful benchmark for those comparing the ready Larimar format with a still-under-construction, more affordable neighbour.
Entry from ~$526,782 makes Larimar Villas one of the more affordable ready villa formats in Chalong in our catalog — for comparison, the neighbouring Kiri Buddha Pool Villa in the same area costs from ~$947,024, and the club-style La Vista Villas from $1,136,891. The difference is mainly explained by the scale of the development (35 villas versus intimate club formats) and brand positioning. Rental is projected by the developer at around 6% per year — a typical benchmark for ready villa complexes on the island, but without a long operating history of its own yet, since the first phase was only recently occupied.
Athena Developer is a Thai company with more than 20 years of experience in other industries, for which Larimar Villas and its parallel project Larimar Vista are debut projects in Phuket real estate. That means there’s not yet a track record of past completed residential projects to judge the developer’s reputation by — judgment has to be based on the actual build quality of the already-completed first stage. The risk here is more organisational: while the second and third phases are under construction (until 2026–2027), part of the community will remain a construction site, which may temporarily affect the comfort of neighbouring occupied villas.
Who it suits: a family for whom proximity to an international school and a ready rather than off-plan format matter more than beach access. Those looking for a more intimate club format with larger layouts should consider Larimar Vista by the same developer; those for whom the beach is essential would do better looking at west coast projects.
Our role as an agency is to verify the actual condition and service history of the completed first phase, confirm the current handover schedule for the second and third stages, and check the land and building ownership structure for the specific lot.
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 15 projects in Chalong; new-build entry level here: from ~$84,530. Larimar Villas’s entry price sits close to the district median.
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 ~$526,782 for a 4-bedroom villa of ~338–339 sqm. The complex consists of 35 villas across three phases.
Athena Developer (Athena Company) — a Thai company with more than 20 years of experience in other industries, for which Larimar is a debut villa brand in Phuket real estate.
The first phase is already completed as of June 2025 and occupied. The second stage is slated for June 2026, and the third for March 2027.
The structure is mixed, as with most landed projects on the island: the house can be foreign-owned, while the land is usually transferred via an assignment agreement. We verify this for the specific villa.
From 8.6 km to Karon and about 12 km to Nai Harn — Larimar Villas is not a beachfront project, a car is required. The trade-off is proximity to the BCIS international school (~5 minutes).
Yes, the developer projects around 6% per year through the rental management program. This is a sales-stage benchmark rather than a confirmed figure — the project still has a short operating history.
[Larimar Vista](/villacarte/catalog/larimar-vista) is a newer, more intimate format from the same developer (11 club villas with 4–5 bedrooms, off-plan with handover in 2028, from ~$725,065). Larimar Villas is larger (35 villas), already partly completed, and noticeably cheaper at entry.
