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The Sky Series
Panwa · Charn Issara Development

The Sky Series

The final collection of 4 villas within the Sri Panwa resort on Cape Panwa

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from ~$7,498,501
from ~$7,498,501
Price from
1225–1415 sqm
unit sizes
~250 m
to the sea
~5% developer-projected yield
declared yield
estimated 2026, exact timing to be confirmed
Completion
Villas
Under construction
The short version for an investor

The Sky Series — villa project, Panwa: entry from ~$7,498,501, from $6,121 per sqm. Beach: Panwa, ~250 m. Both freehold and leasehold available. Yield: ~5% developer-projected yield. Completion: estimated 2026, exact timing to be confirmed.

Plus. Full access to a 5-star resort’s infrastructure — restaurants, bars, spa, tennis — without having to build any of it yourself
Minus. Entry from ~$7.5M — one of the most expensive projects in our catalog, accessible to a narrow buyer pool
About the project

The Sky Series is the final and most exclusive collection of just 4 villas within the already well-known Sri Panwa resort on Cape Panwa, from the same Charn Issara Development group that built and runs the resort itself. Every villa has 5 bedrooms, a private pool, an additional rooftop-terrace pool, and full access to the 5-star resort’s infrastructure.

Location and surroundings

Cape Panwa is one of Phuket’s most gated and prestigious addresses on the southeast coast: a rocky headland with panoramic views over Phang Nga Bay, well away from the tourist density of the west coast. The Sky Series sits within the Sri Panwa resort itself, 250 metres from the beach — meaning a buyer gets more than a villa with a view: full access to an already-running resort ecosystem of 6 restaurants, 2 bars, 3 pools, a spa and tennis courts on the grounds.

That’s a fundamentally different model from a standalone villa community: the infrastructure isn’t being built from scratch alongside the project, it’s already operating with an established track record — Sri Panwa has been on the market as a resort for years. For a buyer, that lowers the risk of ending up with an unfinished or under-occupied shared amenity area, a common issue with new master plans.

Economics and pricing

Entry is from ~$7,498,501, making The Sky Series one of the most expensive properties in our catalog. For comparison, Cape Panwa also has Garden Atlas Bayview (from ~$4,661,137) and the Sri Panwa resort itself (from ~$1,437,836) — both noticeably more accessible at entry. The difference comes down to positioning: The Sky Series isn’t just a villa on Panwa, it’s the “final series” within the grounds of an already-established luxury brand, with direct access to its infrastructure and reputation.

The managed rental program offers a 60% net-income share to the owner with no blackout periods for personal use — fairly generous terms compared with the market-typical 50/50 split or lower. Villacarte adds a separate projected yield of ~5% per year, which should be read together with the 60% share rather than on its own: the final return depends on villa occupancy through the resort’s management company. CAM fee, sinking fund and electricity tariff aren’t disclosed anywhere — worth clarifying separately before booking at this price point, since running costs for a villa of this scale can be a meaningful expense line.

Stage, developer and risks

Charn Issara Development is a developer with a track record: the same group is behind the Sri Panwa resort, already in our catalog and on the market for years. That significantly lowers the risk typical of off-plan projects from small local developers without a track record — a buyer can judge the quality of the resort’s operations today, before construction of the new villa series is even finished. At the same time, The Sky Series is itself a project under construction: building starts after the first payment and takes 10 to 24 months (about a year on average), and there’s no finished unit to inspect in person yet.

The “final series” status is also literal, not just a marketing line — this is the last available plot for development within the resort’s grounds, so after these 4 villas are sold, no further offerings within Sri Panwa are likely to appear. The exact villa area (in the ~1,225–1,415 sqm range) and handover date depend on the specific unit — we confirm these details for the chosen villa at booking rather than relying on averaged figures.

Who The Sky Series suits: a buyer with a budget from $7.5M who wants a villa with full access to an already-operating 5-star resort’s infrastructure and a managed rental program with a high owner share, rather than a ground-up project with no operating history. The developer pays the deal commission — the price doesn’t change for the buyer, and we handle checking the specific unit, ownership structure and rental program terms.

Key facts
AreaPanwa
BeachPanwa, ~250 m
Completionestimated 2026, exact timing to be confirmed
Price fromfrom ~$7,498,501
Ownershipfreehold / leasehold
Villas in the collection4 — the "final" Sri Panwa series
Bedrooms5 + staff room
Villa area~1,225–1,415 sqm (varies by unit)
Plot~1,000–1,206 sqm
Rental split60% of income to the owner (Sri Panwa program)

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: August 2026.

Payment plan
Construction10–24 months from first payment (avg. ~12)
Rental program60% of net income to the owner, no blackout periods
Units & prices
TypeArea$/sqmPrice
5 bedroomsplot ~1,000–1,206 sqm, exact area varies by villa~1,225–1,415 sqm~$6,121from ~$7,498,501
The Sky Series vs the Panwa market

Our catalog currently tracks 6 projects in Panwa; new-build entry level here: from ~$1,180,832. The Sky Series’s entry price is about 130% above the district median — the project sits in the upper segment of the location.

The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.

All projects in Panwa →

How it compares nearby

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.

The Sky SeriesThis projectThe Sky SeriesThe Cape Residences
Price fromfrom ~$7,498,501from ~$7,498,501from ~$9,015,351
$/sqm$6,121$6,121$3,728
BeachPanwa, ~250 mPanwa, ~250 mCape Yamu, ~50 m
CompletionUnder constructionestimated 2026, exact timing to be confirmedUnder constructionestimated 2026, exact timing to be confirmedcompleted December 2015
Ownershipfreehold / leaseholdfreehold / leaseholdfreehold / leasehold
Rental programyesyesyes
Full comparison: The Sky Series vs The Cape Residences →
On-site facilities
Private pool at every villa plus a rooftop-terrace poolAccess to Sri Panwa resort infrastructure: 6 restaurants and 2 bars3 pools across the resort groundsResort spa and fitness centreTennis courtsPrivate sauna and games room in the villaConcierge service and 24/7 securityPrivate beach access
Location & distances
Panwa beach
~250 m
Photos
Strengths
  • Full access to a 5-star resort’s infrastructure — restaurants, bars, spa, tennis — without having to build any of it yourself
  • Managed rental with a 60% owner share and no blackout periods — you can live in the villa and rent it out the rest of the time
  • Every villa has its own pool plus an additional rooftop-terrace pool — a rare combination even at this price point
  • A small series of just 4 villas — exclusivity and a limited supply within an already established resort brand
Trade-offs
  • Entry from ~$7.5M — one of the most expensive projects in our catalog, accessible to a narrow buyer pool
  • The exact villa size and handover date depend on the specific unit — we confirm the villa and current schedule before booking
  • Off-plan status: construction starts after the first payment, so there’s no finished unit to inspect in person yet
  • CAM fee, sinking fund and electricity tariff are not disclosed on any of the checked sources
Yield calculator

Estimate the unit’s returns

Net yield (owner)7.0%
Holding period
Appreciation / year5%
Net income/year
Per month
Value at exit
Payback
Total return over period

Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.

Get an exact projection
Similar projects
The Cape Residences vs The Sky Series: which to choose? →Baan Thai Surin Hill vs The Sky Series: which to choose? →

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FAQ

How much does a villa cost at The Sky Series?

From ~$7,498,501 — this is the final, most exclusive villa series within the Sri Panwa resort, with area varying by specific villa.

Who is the developer of The Sky Series?

Charn Issara Development — the same group that built and runs the Sri Panwa resort on Cape Panwa.

When is the handover?

This is an off-plan project: construction starts after the first payment and takes 10–24 months (about a year on average). The exact handover date for a specific villa is confirmed at booking.

Can the villa be rented out?

Yes, through Sri Panwa’s managed program with a 60% share of net income to the owner and no restrictions on personal use.

What infrastructure is included?

Full access to Sri Panwa resort services — 6 restaurants, 2 bars, 3 pools across the grounds, spa, gym and tennis courts — plus a private pool and sauna in the villa itself.

How far is the beach?

~250 m to Panwa beach.

How does The Sky Series compare to other Cape Panwa projects in the catalog?

This is the most expensive entry point on Cape Panwa in our catalog — higher than [Garden Atlas Bayview](/en/villacarte/catalog/garden-atlas-bayview) (from ~$4,661,137) and the Sri Panwa resort itself (from ~$1,437,836); the key difference is its status as the final series within the resort’s own grounds.

Can I live in the unit myself?

Yes, the unit stays yours. Inside a managed rental program the number of owner-stay nights is capped by the contract — we go through the exact terms for this project before you book.

Is the rental income guaranteed?

~5% developer-projected yield — that is a projection, not a guarantee: actual income depends on occupancy, season and running costs. We model it for the specific unit before the deal.

How do I transfer the purchase money from abroad?

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.

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