Studio Condo for sale at Utopia Central

Kathu, Kathu,Phuket

Studio Condo for sale at Utopia Central

(1 Review)

Unit ID: U1824422

8% GUAR. RETURN FOR 3 YEARS

Kathu, Kathu,Phuket

฿2,950,000

Studio Bedroom

Bathroom

33 SqM

Size

Floor

Apr 2020

Completed

Sale Price

฿2,950,000

About This Condo

This property is a 33 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Kathu, Phuket and was completed in Apr 2020. You can buy this condo for a base price of ฿2,950,000 (฿89,394/SqM).

LAST UNIT 33m2 in the residence

Foreign Quota Available for 400 000 bahts

Features

Balcony

Basic Information

Date Listed May 3, 2024

Updated 7 months ago

Property Type Condo

Floor 7

Bedroom Studio

Size 33 SqM

Price per SqM ฿89,394

Pets Not Allowed

Condo Ownership

Leasehold

Furniture

Fully Furnished

View(s) Mountain View, Garden View

Unit Type N/A

Building Building B

CAM Fee

฿1,650/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1824422

Investment Opportunity: Charges & Yield

Sale Price

฿2,950,000

CAM Fee

฿1,650/mo

Price-to-Rent Ratio

Guaranteed Rental Return

Guarantee Duration

3 Years

Project Details

Project Name: Utopia Central

Developer: UTOPIA CORPORATION CO LTD

Construction: Completed (Apr 2020)

Floors: 8

Buildings: 2

Units: 405

Project Area: 4,800 SqM

Nearest Landmark Patong Beach - 6 Km

Location: Kathu, Phuket

Utopia Central Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Reception / Lobby Area

Communal Garden Area

Shuttle Bus

Popular Facilities at Utopia Central

Communal Pool

2nd Floor

Available Units at Utopia Central

For Sale 17 For Rent 1

All
Studio

Fully Furnished City View

Thai Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished City View

Leasehold Fully Furnished City View

Foreign Quota Unfurnished City View

Foreign Quota Fully Furnished City View

Leasehold Fully Furnished Mountain View

Leasehold Fully Furnished Mountain View

Foreign Quota Unfurnished City View

Leasehold Fully Furnished Mountain View

Foreign Quota Unfurnished Mountain View

Thai Quota Fully Furnished Garden View

Foreign Quota Unfurnished City View

Foreign Quota Unfurnished Pool View

Foreign Quota Unfurnished Pool View

Foreign Quota Unfurnished City View

Foreign Quota Unfurnished Pool View

Get notified when new homes are being added to Utopia Central

View All (17)

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Frequently Asked Questions

No pets are allowed at Utopia Central unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,650 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.

For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Utopia Central the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

Utopia Central offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.

Patong Beach is the nearest Beach from Utopia Central and it is 6 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

Reviews

5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Condo for investing

Lars Moman, Sweden, 4 years ago

I bought a studio room in this condo, and I think it is worth investing. I got it at a very good deal and expected that the price would be higher in the future. So far, I bought to rent it out as they guarantee an 8% rental income for 5 years, and there are also many other benefits you will get from this property. Inside the room is divided into good proportions with furniture provided. The materials used to decorate the rooms are quite good, overlooking the mountains and the city views. There are full facilities, including the large swimming pool, gym, restaurant, bar, receptions for 24 hours. Oh, there is room service and the shuttle bus to the beaches as well. About the location, it is good here. It is quite close to many facilities such as Prince of Songkla University, and Central Festival Phuket is just 10 minutes drive away.

Phuket

Kathu

Neighborhood Overview

Buy
฿1.29M - ฿830M
For Sale on BPP
467 properties
Rent
฿7.48K - ฿1.2M
For Rent on BPP
457 properties
To Prince Of Songkla University Phuket Campus
1.1 km / 3 minutes by driving
To Phuket International Airport
33.6 km / 44 minutes by driving

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