Larimar Vista - Developer Reliability and Reputation

Moderate risk signals found: delays, complaints, or disputed situations. Warrants attention during due diligence.

The construction site of the Larimar Villas project in Chalong (developer Athena Developer Co., Ltd., which also runs Larimar Vista) was raided on June 23 by military and police, resulting in the detention of 22 foreign workers without work permits; ISOC officially named this project as the target and a separate investigation into possible use of Thai nominee shareholders by the developer has been opened. Separately, the company publicly warned about scammers creating fake websites impersonating its projects and filed legal complaints, which reflects vigilance rather than wrongdoing. No direct buyer complaints, bankruptcy, or charges against the developer's directors were found in the sources.

• Военные назвали девелоперский проект, ставший целью рейда в Чалонге2026-06-24ISOC directly named Larimar Villas Phuket as the target of a raid that detained 22 illegal workers, and the developer is now under investigation for nominee shareholders
• Phuket Luxury Villa Developer Warns Public About Fake Websites2026-06-22Developer publicly warned about fake copycat websites and filed legal action against scammers, showing proactive customer protection
• เจ้าของโครงการพูลวิลล่าหรูภูเก็ต เตือนภัยประชาชนระวังมิจฉาชีพ2026-06-18Official press conference by Athena Developer director about fake websites, confirms developer transparency in communication

Sources: dzen.ru, www.linkedin.com, www.thephuketnews.com, linktr.ee, phuketbiznews.com