VIP Space Odyssey

Verified· 2026-08-06

Condo+Villa · Rawai · 500 m from the beach

VIP Space Odyssey is an off-plan development in Rawai, 500 m from the beach, by VIP Property Development Co.,Ltd. Prices start from ฿4,410,000, condo+villa, 1–2 bedrooms, completion 2028.

VIP Space Odyssey is a condo-and-villa project near Rawai Beach by VIP Thailand, with one- and two-bedroom layouts. Prices from ฿4.41M to ฿21M, completion December 2028. A space-themed, amenity-rich, rental-focused entry in the quieter residential south; a longer-horizon off-plan option.

Rawai is a laid-back, residential area on Phuket's southern tip with a large long-stay expat community, a seafront promenade and boat access to nearby islands. Rawai area guide

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Quick facts

Price from฿4,410,000฿21,000,000
TypeCondo+Villa
Bedrooms1–2
Size29 - 69 m²
Distance to sea500 m
StatusOff-plan
Completion2028
Rental programRental Management

Floor plans

VIP Space Odyssey — Floor plans 1
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On the map

Shows the approximate area location and key places nearby — not the project's exact address.

What's nearby

LandmarkBig Buddha (Ming Mongkol)6.2 km · short drive
SchoolBritish Curriculum International School (BCIS)8.5 km · across the district
MallJungceylon13.9 km · across the district
GolfRed Mountain Golf Club14.2 km · across the district
HospitalMission Hospital Phuket14.4 km · across the district
MarinaRoyal Phuket Marina19.2 km · cross-island
Beach clubCafé del Mar Phuket21.2 km · cross-island
LifestyleBlue Tree Phuket23.3 km · cross-island
AirportPhuket International Airport (HKT)37.7 km · cross-island

Straight-line distance from the area centre — a proximity guide, not exact drive-times.

All Phuket key places →

Who it suits / what to consider

Strengths: near international schools, off-plan with payment plan, accessible entry price.

Consider: off-plan — verify the developer's track record and escrow; factor in time to completion.

Demand & liquidity

Who buys: Value-led and first-time foreign buyers, plus long-stay residents — the broadest, most price-sensitive pool. Demand is international and diversified rather than tied to one market.

Liquidity: The lowest entry price means the widest resale audience, though supply is plentiful; easy-to-rent, well-located units clear fastest.

The buyer mix shifts year to year with travel, currencies and policy — a snapshot, not a constant.

Yield & payback

Yield & payback calculator

Your scenario
Management % of rent
Income tax on rent

Resident = progressive on net; non-resident = 15% on gross. Exact figures →

Phuket has averaged ~5–10%/yr recently; we default to a conservative 5%. Set 0 to see rent only. Not a guarantee — paper gain until you sell.

Add a mortgage (default: cash)

Total return / yr

8.2%

net rent + growth

Net rental yield

3.2%

rent only

Break-even

10 yr

with +5% growth

Net cash flow

฿11,806

/ month

Rent-only payback: 31 yr · gross yield 4.1%

Where the rent goes

Net to you 78%Management 10%Running costs 12%

Indicative estimate you control — not a forecast, guarantee or tax/legal advice. Total return and break-even use the capital-growth assumption you set (default 5%/yr, a paper gain until you sell); net rental yield and rent-only payback do not. Excludes resale/exit costs and financing beyond the loan field.

Frequently asked questions

What is VIP Space Odyssey and where is it?

VIP Space Odyssey is a residential project in Rawai, Phuket, by VIP Property Development Co.,Ltd. About 500 m from the beach. Sizes 29 - 69 m², 1–2 bedrooms.

How much does VIP Space Odyssey cost?

Prices start from ฿4,410,000. As an off-plan project, staged payment plans tied to construction are usually available.

When will VIP Space Odyssey be completed?

The project is off-plan, with planned completion in 2028. Track construction milestones and the developer's record.

Who is the developer of VIP Space Odyssey?

The developer is VIP Property Development Co.,Ltd. See their track record, reputation and other projects on the developer page.

How far is VIP Space Odyssey from the beach and airport?

Approximately: ≈500 m to the beach, ≈37.7 km to the airport (straight line). See "What's nearby" for the full list.

How close are international schools?

The nearest international school in our data is British Curriculum International School (BCIS), ≈8.5 km (straight line). See "What's nearby".

Can a foreigner buy at VIP Space Odyssey?

Yes. Condo units are usually available to foreigners in freehold within the building's 49% quota; villas with land are held via leasehold or a company. Confirm the exact status per unit.

Similar projects

Last updated: 2026-08-06. Figures are indicative estimates, not a guarantee. Methodology is open.

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