1 Bedroom Apartment for sale at Utopia Kata

(1 Review)
Karon, Phuket Town,Phuket
Unit ID: U22711
10% GUAR. RETURN FOR 20 YEARS
1 Bedroom
1 Bathroom
35.69 SqM Size
2 Floor
Jul 2017 Completed

About This Apartment

This property is a 35.69 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Utopia Kata project in Karon, Phuket and was completed in Jul 2017. You can buy this apartment for a base price of ฿4,000,000 (฿112,076/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 11, 2017
Updated 4 years ago
Property Type Apartment
Floor 2
Bedroom 1
Size 35.69 SqM
Price per SqM ฿112,076
Pets Not Allowed
Apartment Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Leasehold
Furniture
Unfurnished
View(s) Pool View
Unit Type B
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,785/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U22711

Price Analysis

Fair Price
Estimated market value ฿3,931,663
Great
฿3,840,000
Good
Fair
Above
฿3,930,000
Current asking Price: ฿4,000,000
This apartment is ฿68,337 ABOVE MARKET (2%) in the Phuket area. It is analyzed against similar apartments and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,785/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
10
Guaranteed Rental Return
10%
Guarantee Duration
20 Years

Project Details

Project Name: Utopia Kata
Construction: Completed (Jul 2017)
Floors: 3
Buildings: N/A
Units: 25
Project Area: N/A
Nearest Landmark Kata Beach - 1.9 Km
Location: Karon, Phuket
Utopia Kata Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Close
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Frequently Asked Questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,785 for this apartment. 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 Kata the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Kata offers a guaranteed rental return of 10% (based on the purchase price of the property) for a duration of 20 Years.
Read more here.
Kata Beach is the nearest Beach from Utopia Kata and it is 1.9 km away.
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FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect place! fews walk to Kata beach
Alta Lucious, Russia, 5 years ago
Perfect place! A new building in a good location, and just a walking distance to Kata beach. The surrounding atmosphere has many amenities. Opposite the project, there are Family Mart and many restaurants. Our family traveled with three people. Stay in the Modern Tropical Escape room, including electricity and water. The room is spacious, with a comfy bed. Inside the room, there is also a mini-kitchen corner with kitchenware and a large balcony. Each building has a shared swimming pool on the ground floor. All residents can use it, but the pool is quite small, and there is no sundeck. This is a bit disappointing. In any case, the staff is very good at service, very attentive and friendly, especially the housekeeper who takes care of our room very well and is very honest.
Phuket
Karon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Utopia Kata

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