Utopia Karon

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Karon, Phuket Town, Phuket

8% GUARANTEED RETURN FOR 5 YEARS
Oct 2020 Completed
7 Floors
238 Units

Utopia Karon in Karon, Phuket

Utopia Karon is a condo and apartment project located in Karon, Phuket and was completed in Oct 2020. It has 238 units across 7 floors and was developed by UTOPIA CORPORATION CO LTD, who is also behind Utopia Dream Villa, Utopia Dream Condo and Utopia Yamu.

About Utopia Karon

A large development on Karon Hill, only 800 meters from Karon Beach, this complex of sea view condominiums has been conceptualized to resemble a 5-star hotel in Phuket. Located within comfortable reach of amenities and attractions, the valuable sea view property is set to be completed by March 2020 (1st Phase).

Located on top of a prime hill, 7 rai, site offering sea and mountain views, Utopia Karon Condominiums comprise 238 units of 1 and 2 bedrooms, between 33 and 68 sqm. The units come fully decorated with complimentary home appliances and shared outdoor areas, including a parking lot and two swimming pools, of which one is an infinity pool at the highest point of the property. Facilities include the Peak Ocean pool bar, spa, gym, and a restaurant on top of the hill with breathtaking views from one of the highest point in Karon.
Floor space of the units is optimally utilized to allow for large living spaces with generous views. The 1-bedroom apartments have ample bathroom, living room, kitchen and dining areas while still allowing for a larger than standard bedroom over 4.4m x 1.6m, as well as a large outdoor terrace with jacuzzi. The 2-bedroom units flow over double that space, offering two en suite bedrooms, separate dining room and terrace with jacuzzi.

The Utopia property developments are unique in that they all form part of a condominium hotel chain in Phuket. Once developed and sold, Utopia continues to service and maintain the property like a 5-star hotel, so investors don’t have the headaches and expenses that usually come with property maintenance. They can also enjoy the benefits of 24-hour security, 24-hour reception, room services and transport that would be expected of any world-class hotel.

Prices by Room Types

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Facilities

Convenience
Hotel Managed
On Site Restaurant
Car Parking
Reception Lobby Area
Leisure
Communal Pool
Indoor Kids Zone
Spa
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿50/SqM

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon contract signing
30%
1st Installment
0 days after contract signing
20%
2nd Installment
100% construction completion
30%
3rd Installment
On handover
20%

Master Plan

About the Developer - UTOPIA CORPORATION CO LTD

All UTOPIA CORPORATION CO LTD Projects
10 Projects 1,946 Units

Utilising their extensive experience and knowledge on Australian design and construction, injected a sum close to 2 billion Thai Baht into the development of the properties. IPA Corp formed the Utopia Development business unit, and currently having 6 progressing projects in Phuket island.

A significant and unique benefit for our investors of Utopia Development projects, Utopia Development has sole ownership of all the land planned to be developed, and with the capital provided by IPA Corp rather than from the Thai banks, this provides the client with peace of mind of the capital ownership of the whole project entity.

In February 2016, Utopia Development, together with the island’s largest builder, Hatyai Nanthakorn (HYN), developed and completed the first project, Utopia Kata (UTK) at Kata Beach consisting of 20 serviced apartments.

Utopia Naiharn Villa and Condo (UTN) was launched in April 2016 with one of Phuket’s longstanding family construction companies, House and Home – House Care services (H&H) engaged to develop and construct the project consisting of 110 Hotel Condominiums and 9 Villas. This project was recently completed in September 2018.

In February 2017, Utopia Development again with H&H launched the third project – Utopia Loft (UTL) at Naiharn Beach, comprising of 236 luxury loft styled Hotel condominiums to complete the Utopia Naiharn Resort project. The completion of UTL is anticipated in October 2019.

The success of the UTK and UTN projects, In April 2017, Utopia Development partnered with H&H to form Utopia Construction Group. The fourth project was then released – Utopia Central (UTC) to cater for the entry level buyers. This hotel condominium consists of 405 units and is located in the Central Festival of Phuket shopping mall, Phuket town centre, hospitals and schools. With construction commenced, the estimated completion date for this project is currently at February 2020.

Due to high demands and rapid success, in July 2017, Utopia Construction Group launched Utopia Development’s fifth project, Utopia Karon (UBR) at Karon Beach, a joint venture project with BQ Overseas. This project offers stunning views of Phuket’s beautiful Andaman Sea, and consists of 238 units having both Freehold and Leasehold ownerships available to our investors and buyers.

BQ Overseas entered into another joint venture development in April 2018, Utopia Maikhao (UBM), with Utopia Construction Group overseeing the Development and Construction works. Construction has commenced for this 92 Luxury Villas in the northern seaside of Phuket, with an anticipated completion in February 2021.

Frequently asked questions

The common area maintenance fee is ฿50 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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.
Utopia Karon offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Kata Beach is the closest Beach from Utopia Karon and it is 0.8 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.

Read more here

After you have found the right property you have to follow these steps:

  • Agreement of terms and conditions
  • Reservation Agreement
  • Reservation Deposit
  • Sales and Purchase Agreement
  • Settlement & Transfer
  • Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

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    Neighborhood Overview

    Location and Neighborhood

    Street View


    Surrounding area

    Utopia Karon is conveniently located just 120 m from Ice Family Tour, which can be reached within 2 mins. by foot.

    There are many other shops situated in the area of Utopia Karon, the 3 closest being:
    - 7-11, Than Na Road Branch (8198) is 1.8 km away (an approx. drive of 1 min.)
    - Warm Mart is 3.5 km away (an approx. drive of 6 mins.)
    - 7 Eleven is 2.2 km away (an approx. drive of 7 mins.)

    The surrounding area, where Utopia Karon is situated, offers a wide variety of restaurants. See the closest of them below:
    - Mellow Space Boutique Rooms and Restaurant is 210 m away (a walk of about 3 mins.)
    - Pim's Kitchen is 190 m away (a walk of about 3 mins.)

    Phuket is the nearest health facility, which is 990 m away (you can walk there in 13 mins.) from the project, while the closest schools in the proximity of Utopia Karon are:
    - Sunrise Divers Phuket Thailand is 260 m away (about 4 mins. by foot)
    - Yoga Teacher Training Thailand by Yoga Nisarga is 500 m away (about 7 mins. by foot)
    - Kon-Tiki Karon Dive Center is 580 m away (about 8 mins. by foot)

    Phuket International Airport is located 48.0 km from Utopia Karon and it takes about 1 hour 9 mins. by car or taxi (depending on the traffic) to get there.