The new upmarket condo and apartment project located on Phuket is scheduled for completion in Q2 2026. Nestled just 450 metres from the shoreline, near the Rawai promenade, this 8-storey development features 160 apartments of diverse sizes and layouts.
The apartments can be considered as a comfortable permanent residence or as an investment. Situated in a prestigious resort area, the development holds significant potential. During the construction phase of Essence, prices from the developer are particularly enticing. The cost of housing varies from $129,400 to $548,000. By the time the development is complete, prices will only increase. The final amount depends on the area and specific layout type, which can be viewed on our website.
Packed with premium amenities, the development provides a comfortable lifestyle and a safe and enjoyable space for children to have fun. Residents can enjoy the following:
Residents have access to comprehensive services, including laundry, cleaning, taxi booking, and assistance with any housing-related issues provided by a dedicated customer service team.
Off-plan property in Essence for investment
Real estate in resort regions abroad possesses high investment potential. It is possible to purchase an apartment during the construction phase and resell it after completion with a profit margin of 20–30%. Rental income is equally lucrative.
The developer offers 2 rental income programmes: Guaranteed Income and Personal Management. Regardless of the season and occupancy rate, apartments will generate a fixed annual income of 7% of the unit’s value for 5 years. The owner can use the residence for up to 30 days per year, with Harmony Group managing the property for rental purposes the rest of the time.
Under the Personal Management Programme, rental income is split between the owner and the management company in a 70% to 30% ratio. The main advantage is that owners can use their apartments without time restrictions throughout the year. The Personal Management Programme is available for all categories of units.
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