Essence
Verified· 2026-08-06Condo · Rawai · 450 m from the beach
Essence is an off-plan development in Rawai, 450 m from the beach, by Harmony Group. Prices start from ฿5,000,000, condo, studio–2 bedrooms, completion 2026.
Essence by Harmony is a 160-unit condominium in Rawai near Nai Harn Beach by Harmony Group, with studios, one- and two-bedroom homes and duplexes of 52–260 m². Prices from ฿5M to ฿19.78M (about ฿112,000/m²), completion December 2026. A well-rounded southern entry from a boutique developer; suits both end-users and rental buyers near the south's best beaches.
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 →
Quick facts
Floor plans
On the map
Shows the approximate area location and key places nearby — not the project's exact address.
What's nearby
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 scenarioResident = 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
9.4%
net rent + growth
Net rental yield
4.5%
rent only
Break-even
9 yr
with +5% growth
Net cash flow
฿18,542
/ month
Rent-only payback: 22 yr · gross yield 5.5%
Where the rent goes
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 Essence and where is it?
Essence is a condominium in Rawai, Phuket, by Harmony Group. About 450 m from the beach. Sizes 52–260 m², studio–2 bedrooms.
How much does Essence cost?
Prices start from ฿5,000,000. As an off-plan project, staged payment plans tied to construction are usually available.
When will Essence be completed?
The project is off-plan, with planned completion in 2026. Track construction milestones and the developer's record.
Who is the developer of Essence?
The developer is Harmony Group. See their track record, reputation and other projects on the developer page.
How far is Essence from the beach and airport?
Approximately: ≈450 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 Essence?
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.