Next Point Condominium in Rawai, southern Phuket — four buildings laid out in an X, completing in Q4 2028 Rawai sits at the southern tip of Phuket, past where most of the tour buses turn back. Foreigners have been settling here for more than forty years, and it shows: this is a district that lives year-round rather than emptying out after high season. The fishing pier still works, the seafood market opens at dawn, and the streets are just as busy in September as in January. For anyone actually buying here, that last point matters more than almost anything else on the list. Two rental seasons, not oneMost property pitches in Phuket lean entirely on tourism. Rawai has a second demand stream underneath that: families and relocators living here full-time, with international schools just one to two kilometres away, plus the familiar high-season crowd drawn by Nai Harn beach, seven minutes away and regularly named among Southeast Asia's ten best. Put together, an owner letting a unit here isn't betting the whole return on a four-month window; that's the weak spot in a purely tourist-driven location, and it's a big part of why Rawai keeps showing up on investor shortlists. The rooftop infinity pool. Sea views open up from the third floor The questions worth asking before the yield conversationSearch for rental returns anywhere in southern Phuket, and you'll find plenty of projects, each with a percentage attached. That number is the easy part. Harder to pin down: can a foreigner actually own the unit outright, or is it leasehold only? Is the return contractual, or just a marketing figure? How long does it run, and what happens once it ends? Who's maintaining the building fifteen years after handover? Next Point Condominium & Radisson Serviced Apartments Rawai Phuket, currently under construction in the district, answers all four in specific terms rather than vague ones. Next Point is a four-building, 372-unit development on a five-rai site, due for completion in Q4 2028. Construction began 8 December 2025, following an October 2025 building permit; the EIA is approved and the land sits under Chanote title. A one-bedroom apartment. Units are handed over finished, with smart-home controls and Italian furniture by Guzzini e Fontana The four buildings form an X-shaped layout, which is why 90% of apartments get a view of the sea, greenery or the Big Buddha, with sea views kicking in from the third floor upward. One building runs as Radisson Serviced Apartments Rawai Phuket, 118 keys under Radisson Hotel Group management. The other three are standard condominiums. One standard, two productsThe Radisson building is about as hands-off as it gets. Units run to hotel standard, so there's no tenant-hunting, no seasonal juggling, no maintenance decisions; the operator runs the asset, the owner collects the income. Ownership here is leasehold only, and at resale, a recognised operator name is something buyers instantly understand, worth more than it sounds in a market full of unbranded stock. The other three buildings answer a different question. Freehold and leasehold are both on offer, and what you're buying is a home rather than a managed unit: how it's furnished, when you use it, whether you let it at all is up to you. What ties the two together is the operating standard; buildings 1 to 3 are run by their own management company, held to the same benchmarks set for the Radisson building. That's what an international operator really brings to a site like this, not a name on one facade, but a standard the whole development answers to. Radisson Serviced Apartments Rawai Phuket — one of the four buildings at Next Point Condominium, 118 keys, managed by Radisson Hotel Group So it's two products on one site, not one product with a compromise attached. The real question isn't which building is "better," it's what you want the property to do for you. Foreign buyers can hold freehold in buildings 1 to 3, within Thailand's usual foreign quota, with leasehold also available there. The Radisson building is leasehold only, a distinction worth settling before any yield conversation starts. What "from 6%" actually meansThe developer offers a contractual guaranteed rental return from 6% per annum, with conditions attached: it applies only to studios and one-bedroom units in buildings 1 to 3 (not the Radisson building, and not every unit type); it runs for the first three years only; and 'from' is deliberate — 6% is a floor rather than a fixed rate. The word doing the heavy lifting is "contractual." This figure is written into the purchase agreement, not a projection floating in a brochure, and that matters more than the headline percentage most buyers compare across projects. Alongside that sits the Rental Pool, which works differently; it isn't restricted to units eligible for the guaranteed return, though it isn't automatic either. Buyers take the Rental Pool furniture package (fully equipped, down to crockery and linen), and the management company brings the unit into the pool once it's ready. Owners keep 80% of rental income, with 20% going to the operator. The guaranteed return sits on top for eligible units during the first three years; once that ends, the unit simply continues in the pool. The 214 sqm atrium courtyard with living green walls at the centre of the site Prices start from 4.2 million baht in buildings 1 to 3 and 5.75 million baht in the Radisson building, correct at time of publication, a gap that reflects the different product on offer rather than a brand markup on an identical unit. Payment is staged, with no interest during construction and a further instalment option up to two years post-handover; the booking deposit is 100,000 baht. Units range from 35 sqm studios to 195 sqm penthouses, handed over finished with smart-home controls and Italian furniture from Guzzini e Fontana. As South Point Group CEO Konstantin Lizavenko put it: "Phuket's climate is unforgiving on buildings. Over ten or fifteen years, the standard of day-to-day management is usually what separates a block that still commands rent from one that quietly slides — which is why the operating benchmark described above matters more, over the life of the investment, than any figure quoted in year one." About the projectNext Point Condominium & Radisson Serviced Apartments Rawai Phuket is a four-building, 372-unit development in Rawai, southern Phuket, completing in Q4 2028. Its X-shaped layout gives 90% of apartments a view — sea, tropical greenery or the Big Buddha. On-site facilities include four swimming pools with a rooftop infinity pool, a rooftop bar, an open-air cinema, a spa with hammam, a 200 sqm gym, a 113 sqm co-working space, a 214 sqm atrium courtyard, a kids' club, restaurants, retail and underground parking. One building operates as Radisson Serviced Apartments Rawai Phuket (118 keys), managed by Radisson Hotel Group. The developer is South Point Group. Prices start from 4.2 million baht in buildings 1-3 and from 5.75 million baht in the Radisson building. For more information, visit the Next Point Condominium website, also available in Russian. Note: Rental figures reflect the developer's contractual programme for eligible units in buildings 1-3 and are not a guarantee of future market performance Sponsored
