InterContinental Phuket Residences 2026 | MORE Group

The InterContinental name carries weight in global hospitality, and The Residences at InterContinental Phuket Resort leverages that weight to position itself at the apex of Phuket’s branded residential market. This is not a condo development that happens to have a hotel next door. The residences are structurally integrated with the resort, delivering white-glove hotel services directly to private owners who choose to live, vacation, or invest here.

Kamala Beach’s “Millionaire’s Mile” has long been the address for Phuket’s most exclusive properties. This review examines what the InterContinental Residences actually deliver at their price points, how the investment math works, and whether this is the right product for serious buyers in 2026.

What Should You Know About Project Overview?

The Residences at InterContinental Phuket combine private ownership with IHG hotel services, including concierge, housekeeping, room service and maintenance. The Kamala project starts from 13.6 million THB and targets buyers seeking branded resort living rather than entry-level yield. Confirm the ownership structure, service charges, rental terms and completion status before reserving.

Factor	MORE Group benchmark
Net yield	5 to 7% after 20 to 25% operator fees
Peak occupancy	75 to 85% on comparable managed units

The defining feature of this project is not its architecture, it is the full integration of IHG hotel services into the residential product. Owners receive the same concierge, housekeeping, room service, and maintenance standards as guests of the adjacent InterContinental resort. This operational model is rare on Phuket and commands a significant premium over non-branded alternatives.

Why Buy Here?

The primary reason to buy at InterContinental Phuket is the combination of Kamala Beach location and integrated IHG hotel services. Owners receive concierge, housekeeping, room service and maintenance within a branded resort environment. The trade-off is a higher purchase price and service-cost structure than a conventional Phuket condominium.

Factor	MORE Group benchmark
Net yield	5 to 7% after 20 to 25% operator fees
Peak occupancy	75 to 85% on comparable managed units

The Irreplaceable Beachfront Position

Kamala Beach’s Millionaire’s Mile has essentially no remaining development land. The MontAzure master community, of which this project is the hotel-integrated anchor, represents the definitive completion of this address. What you buy here you are unlikely to find available again in 5 or 10 years.

Penthouses and Two-Bedroom Units Are Rare in This Tier

The two-bedroom units at 100-188 sq.m in a 5-star branded building on Kamala Beach have almost no direct competition on Phuket. The closest comparable product is in Surin and Bang Tao at materially higher price-per-sq.m rates. Entry pricing for two-bedroom units from 25.9M THB represents genuine value at this brand level.

What Do Prices and Floor Plans Mean for Foreign Buyers?

InterContinental Phuket one-bedroom residences start from 13.6 million THB for about 59 to 60 sqm. Larger one-bedroom units reach 19.5 million THB, while two-bedroom residences start from 25.9 million THB. Buyers should compare price per sqm, view position, service charges and the front-loaded 50/50 payment plan.

1-Bedroom Residences (59-75 sq.m)

Configuration	Size	Price Range	Price/sq.m
Entry 1BR (floor 1)	59-60 sq.m	13,600,000 THB	228,571-229,846 THB
Mid-floor 1BR	62-68 sq.m	15,700,000-17,200,000 THB	249,631-258,369 THB
Upper 1BR	67-75 sq.m	15,900,000-19,500,000 THB	236,995-260,417 THB

The entry-level 1-bedroom at 13.6M THB offers a compelling price per sq.m relative to comparables. Upper-floor units at 19.5M THB (75 sq.m) reflect premium view positions with full Andaman Sea exposure.

2-Bedroom Residences (100-188 sq.m)

Configuration	Size	Price Range	Price/sq.m
Standard 2BR	100-101 sq.m	25,900,000-28,400,000 THB	257,302-283,546 THB
Large 2BR	111-118 sq.m	27,300,000-30,000,000 THB	232,340-269,421 THB
Premium 2BR	134 sq.m	34,500,000 THB	257,079 THB
Grand 2BR	169-188 sq.m	45,900,000-54,700,000 THB	271,020-290,834 THB

The 188 sq.m grand 2-bedroom at 54.7M THB sits at the top of the range and delivers penthouse-grade volume in a 5-star managed building. Price-per-sq.m at this size is 290,834 THB, reflecting the premium view position and IHG brand premium.

Payment Plan: 50% at contract signing / 50% at handover. Clean and simple, but front-loaded, buyers must be liquid for the 50% tranche immediately.

What Do Rental Yield Outlook Mean for Foreign Buyers?

Rental performance at InterContinental Phuket depends on season, IHG management fees and owner-use restrictions. The model below for a 15.7 million THB one-bedroom shows gross yield from 4.2% in a conservative case to 10.9% in a high case. Buyers should underwrite net returns after all hotel and residence charges.

Estimated performance (1-bedroom, 62 sq.m, mid-floor):

Metric	Conservative	Optimistic
Average daily rate	7,000 THB	12,000 THB
Annual occupancy	65%	78%
Gross annual revenue	1,660,750 THB	3,416,400 THB
Owner’s share (40-50%)	664,300-830,375 THB	1,366,560-1,708,200 THB
Gross yield on 15.7M THB	4.2-5.3%	8.7-10.9%

For 2-bedroom units, ADR premiums are material, branded 2-bedroom suites in this category regularly achieve 15,000-25,000 THB per night during high season. Yield estimates of 5-7% on the 100 sq.m unit price points are realistic under professional IHG management.

The operational structure is designed for passive ownership. Unlike self-managed properties, there is no requirement for the owner to source bookings, manage check-ins, or handle maintenance.

What Should You Know About Amenities?

InterContinental Phuket owners receive residential amenities plus access to selected services at the adjacent operating resort. The offer includes pools, fitness and wellness areas, resident lounges, concierge, housekeeping and room service. Buyers should confirm which hotel facilities are included, which require payment and whether access terms can change.

Factor	MORE Group benchmark
Net yield	5 to 7% after 20 to 25% operator fees
Peak occupancy	75 to 85% on comparable managed units

Within the Residential Building:

• 25-metre lap pool with hydrotherapy zone
• Kids’ pool
• Technogym-equipped fitness centre
• Rooftop wellness and meditation zone
• Private residents’ lounges
• Co-working and library spaces

Full Hotel Services:

• 24-hour concierge and reception
• Daily housekeeping (opt-in for resident owners)
• Room service from resort dining
• Valet parking
• Dedicated security

Adjacent InterContinental Resort Access:

• Fine dining restaurants
• Beach club with direct Kamala Beach frontage
• Full-service spa
• Kids’ club and entertainment facilities

Who Should Buy

InterContinental Phuket suits buyers seeking branded resort living, hotel services and Kamala Beach access with enough liquidity for a 50% contract payment. It can also suit passive owners comfortable with IHG management rules. Buyers prioritising the highest percentage yield, low service costs or full operational control should compare conventional condos.

Less suited for:

• Entry-level investors, the 50% upfront payment requires significant liquidity
• Buyers expecting high personal-use flexibility during peak seasons (rental program occupancy priorities apply)
• Buyers who prefer managing their own property independently

What Should You Know About MORE Group Assessment?

InterContinental Phuket is strongest as a branded lifestyle purchase with managed rental potential, not as a low-cost yield play. The 13.6 million THB entry price is competitive within the branded segment, but buyers must account for the 50/50 payment structure, service fees, rental restrictions and foreign quota before reserving.

Factor	MORE Group benchmark
Net yield	5 to 7% after 20 to 25% operator fees
Peak occupancy	75 to 85% on comparable managed units

The Residences at InterContinental Phuket Resort represents the clearest distillation of what branded residences should be: a genuine IHG hotel, professionally operated, in an irreplaceable location, delivering both income and lifestyle.

The 50/50 payment structure is the most demanding aspect, but for buyers with the required liquidity, it is also the most straightforward. There are no complex stage payments, no milestone tracking, no financing dependency.

On pricing, the 1-bedroom entry at 13.6M THB is undervalued relative to the brand premium and location. Comparable IHG-branded residences in Bangkok and Pattaya are trading at 280,000-350,000 THB/sq.m at similar brand tiers. The Kamala price represents a meaningful discount with a superior lifestyle offering.

Capital appreciation over a 5-year hold from the Q3 2027 completion is estimated at 20-40% for well-positioned units, assuming continued growth in Phuket’s premium property market.

MORE Group recommends: units A402 (75 sq.m 1BR, upper floor) for buyers seeking single premium asset; B402 (111 sq.m 2BR) for buyers wanting optimal balance of income and personal use.

Frequently Asked Questions

What is the minimum entry price at InterContinental Phuket Residences? +

1-bedroom residences start from 13,600,000 THB for approximately 59-60 sq.m. These entry units are on lower floors. Upper-floor and larger configurations range up to 19,500,000 THB for 1-bedroom and 54,700,000 THB for grand 2-bedroom units.

What hotel services do owners receive at the InterContinental Residences? +

Owners have access to the full InterContinental hotel service infrastructure: 24-hour concierge, daily housekeeping on request, room service, valet parking, fitness center, spa, fine dining, and beach club access. When entering the rental program, Accor and IHG manage all guest operations including bookings, check-ins, and maintenance.

How does the payment plan work? +

The payment structure is 50% at contract signing and 50% at handover upon project completion (Q3 2027). This is a simple two-tranche structure with no complex construction-milestone payments. Buyers should be prepared to transfer the initial 50% shortly after signing.

Can I use my residence personally while it is in the rental program? +

Yes, personal use periods are typically available to owners in the rental program. The specific allowance (number of nights and blackout periods during peak season) is defined in the rental program agreement. Our team can provide the current program terms for review before signing.

How does this project compare to MGallery Residences in the same MontAzure community? +

Both projects are branded residences within MontAzure. MGallery Residences offers a more accessible entry point (from 10.5M THB) with studio and 1-bedroom units under the MGallery by Accor flag. The InterContinental Residences are positioned at the ultra-luxury tier (from 13.6M THB) with a higher ADR potential and the historic prestige of the InterContinental brand.

Is the InterContinental Phuket Resort already operational? +

Yes. The InterContinental Phuket Resort is an operating hotel adjacent to the residential buildings. This means the amenities, brand standards, and IHG operational infrastructure are already established and functioning, buyers are not waiting for a hotel to open alongside their residence.

What Should You Know About Before you reserve?

Before reserving InterContinental Phuket, confirm the exact unit price, foreign quota, service charges, IHG management agreement, owner-use restrictions and Q3 2027 completion terms in writing. Review the 50/50 payment schedule against your liquidity and model net income after every hotel, residence and rental-management charge.

Factor	MORE Group benchmark
Net yield	5 to 7% after 20 to 25% operator fees
Peak occupancy	75 to 85% on comparable managed units

Red flag: Marketing gross yield without operator fee, occupancy assumption or CAM, request a net cash-flow sheet before reserving InterContinental Phuket 2026.

Pillar guides for InterContinental Phuket 2026: buying property in Phuket, due diligence step-by-step, best areas for foreign buyers, off-plan guide, rental yield benchmarks.