VIP 2 Condomonium Kata – Hotel-Managed Investment Property – 7% Guaranteed for 8 Years

VIP KATA Condominium, Kata, Kata Road, Karon, Muang, Phuket, Thailand
4,510,000฿

Details

This second phase of the VIP Kata condos are within walking distance to Kata Beach offers a very attractive investment and lifestyle opportunity.

The new phase 2 adds an additional 200 units in 3 buildings, and going up to 8 storeys with a stunning rooftop swimming pool.

Apartments at VIP Kata feature a modern interior design and come fully-furnished and ready-to-move-in with a kitchen and appliances. One bedroom and studio floor plans are available with sizes range from 30 to 65 sqm including a private balcony.

The wide range of facilities on offer includes a large ground level swimming pool, rooftop infinity pool, rooftop bar, two gyms, spa, kid’s playroom, conference room, multiple restaurants, underground parking and a lobby.

The residences will be managed as a luxury hotel with owners being able to join the optional rental program to maximize their return on investment.

Location:

Excellent location around 5 minutes on foot to picturesque Kata Beach. Within the immediate area you can find a wide selection of amenities including local and international restaurants, shops, convenience stores, and low-key nightlife.

Selling prices for remaining units range from THB 4.51 to 8.08 million (Leasehold)

Payment Terms

1. Today: 100,000 THB Reservation Fee
2. Within 20 days: 40% Purchase Agreement
3. First Installment: 30% Within 2 months
4. Second Installment: 30% Within 2 months (minus Reservation Fee)

 

Other payments paid by the Buyer:

• One time: 1,25% from Selling Price — Registration Fee
• One time: 400 THB per sq.m. — Sinking Fund
• Every year: 720 THB per sq.m. — Common Area

 

GUARANTEED RENTAL RETURN

• Rental Guarantee Program – 7% of Purchase Price for 8 years Paid annually, 56% return in total
• Free stay 30 days per year in May-Oct or 15 days in Nov-Apr
• No Common Area Payments

REAL Ref. 13422

 

Plans

Master Plan

Video

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