Larimar Vista - Developer Reliability and Reputation

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

Larimar Vista and Larimar Villa are projects by Athena Developer Co., Ltd. in Chalong, Phuket. According to Thai Examiner (December 2025), a group of 10 buyers filed fraud complaints alleging losses of over 100 million baht in a project marketed as Larimar Vista, citing missing land documents, an empty promoter office, and no real construction progress. Additionally, per phukete.ru, in June 2026 ISOC conducted a raid specifically targeting the Larimar Villas Phuket construction site in Chalong, detaining 22 foreign workers without work permits. Both events directly name the developer's projects.

• ISOC назвал Larimar Villas Phuket целью рейда в Чалонге: задержаны 22 иностранных работника2026-06-24ISOC officially named Larimar Villas Phuket construction site as the target of a June 23, 2026 raid; 22 foreign workers detained without work permits, project under investigation for nominee structures
• Larimar Vista: церемония закладки фундамента, застройщик Athena Developer, стоимость проекта 500-600 млн бат2025-05-28Official groundbreaking of Larimar Vista in May 2025, identifying the developer and project specifications
• Larimar Vista Chalong: описание проекта, застройщик Athena Developer с 20-летним опытом (Nestopa)2026-02-23Marketing description of the project without independent verification of developer reputation
• Larimar Villa: листинг на CBRE, стандартное описание без предупреждений2025-12-22Listed on CBRE platform with no regulatory warnings indicated
• Larimar Villas: листинг FazWaz, 35 вилл в Чалонге, застройщик Athena Developer2023-11-10Standard project listing confirming developer and complex parameters

Sources: thethaiger.com, www.thaiexaminer.com, www.thephuketnews.com, www.thephuketnews.com, nestopa.com