Studio Condo for sale at Utopia Dream U2

 (Write Review)
Rawai, Phuket Town,Phuket
Unit ID: U1706472
7% GUAR. RETURN FOR 3 YEARS
Studio Bedroom
1 Bathroom
30 SqM Size
7 Floor
Nov 2024 Off Plan

About This Condo

This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the Utopia Dream U2 project in Rawai, Phuket and it is scheduled for completion in Nov 2024. You can buy this condo for a base price of ฿4,050,000 (฿135,000/SqM).

Studio Condo for sale at Utopia Dream U2

The apartments are sold fully equipped, with a package of furniture and household appliances. The interior decoration and equipment of the apartments is not inferior to a 5-star hotel. The complex has swimming pools, a gym, a restaurant, a reception, and parking. Within a minute's reach there is everything you need for permanent residence or a short-term vacation.

Features

BalconyBalcony

Basic Information

Date Listed Dec 22, 2023
Updated 2 months ago
Property Type Condo
Floor 7
Bedroom Studio
Size 30 SqM
Price per SqM ฿135,000
Pets Not Allowed
Condo 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
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Garden View
Unit Type N/A
Building U2 Mini
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.
฿1,500/mo
Listed By
N/A
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1706472

Investment Opportunity: Charges & Yield

Sale Price
฿4,050,000
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.
฿1,500/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
3 Years

Project Details

Project Name: Utopia Dream U2
Construction: Off Plan (Nov 2024)
Floors: 8
Buildings: 4
Units: 595
Project Area: 17,600 SqM
Nearest Landmark Rawai Beach - 0.8 Km
Location: Rawai, Phuket
Utopia Dream U2 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Onsen Onsen
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Communal Garden Area Communal Garden Area

Popular Facilities at Utopia Dream U2

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Spa
    1st Floor
  • Reception / Lobby Area
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor

Available Units at Utopia Dream U2

Get notified when new homes are being added to Utopia Dream U2
View All (11)

Loan Calculator

Payment Plan

Installment Milestone Payment
1st Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Utopia Dream U2 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 ฿1,500 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 Dream U2 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Dream U2 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Rawai Beach is the nearest Beach from Utopia Dream U2 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.

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

Installment Milestone Payment
1st Installment
On handover
100%

Read more here

This option has surged in popularity in recent years. We offer immersive online tours for a wide range of properties, allowing you to explore them from the comfort of your home. Our seasoned team can also arrange personalized video tours. When you're ready to proceed with your purchase, we can seamlessly guide you through the entire property transfer process, and if needed, recommend a trusted lawyer to handle the transaction on your behalf, even if you're not physically present.

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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

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