A condo-hotel 300 m from Bang Tao beach with a 7%-for-5-years guaranteed income
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 123 projects in Bang Tao · Laguna; new-build entry level here: from ~$93,683. Sole Mio Residences’s entry price is about 81% 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 ~$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](/en/villacarte/catalog/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.
