Larimar Vista - Developer Reliability and Reputation

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

Larimar Villas (projects Larimar Villa and Larimar Vista by Athena Developer) on Phuket is actively selling, with Larimar Villa Phase 1 over 95% sold and units already handed over to owners. In June 2026 Thailand's ISOC military command explicitly named the Larimar Villas Chalong construction site as the target of a raid where 22 foreign workers without work permits were detained, and the company is now under a separate investigation for possible use of Thai nominee shareholders. The developer also publicly warned about scam websites impersonating its projects, which is not itself a risk to buyers.

This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.

Responsible for content: Leonid Ustinov, Kalinka Thailand

• Военные назвали девелоперский проект, ставший целью рейда в Чалонге2026-06-24ISOC officially named Larimar Villas Phuket as the raid target where 22 illegal workers were detained, prompting a nominee shareholder investigation
• Военные назвали девелоперский проект, ставший целью рейда в Чалонге (Дзен)2026-06-24Duplicate source confirming Larimar Villas Phuket was named as the target of the security raid
• Phuket Luxury Villa Developer Warns Public About Fake Websites2026-06-22Developer itself was targeted by phishing copycat websites, showing proactive customer protection, not a risk from the developer itself

Sources: www.linkedin.com, mgronline.com, www.phuketpostnews.com, phuketbiznews.com, phukethotnews.net