Grand Kata VIP

 (Write Review)
Karon, Phuket Town, Phuket
Jun 2018 Completed
7 Floors
1 Building
209 Units

Overview of Grand Kata VIP in Karon, Phuket

Grand Kata VIP is a condo and apartment project located in Karon, Phuket and was completed in Jun 2018. It has 209 units across 7 floors and was developed by Phuket9 Co., Ltd., who is also behind Phenomenon Kata Beach Condominium, Wekata 3 and Hightone Karon Seaview Villas & Garden.

About Grand Kata VIP

Grand Kata VIP is located 500 meters from Kata Beach and 900 meters from Karon Beach. If you go further to the north only 900m, you will find the Karon beach area which is overflowing with tourist infrastructure such as night markets, souvenir shops, restaurants, massage parlors, mini golf, kid playgrounds-pleasant set for holidays.

  • Fixed income of 7% for 7 years for certain apartments. 30 days per year of personal use.
  • Rental Pool program for the remaining units - 40% of the income to the investor, 60% - to the management company, from its share covers all expenses. Projected income: 5-10% p.a.
  • Commercial activity: Hotel license
  • Location: Distance to Patong City - 15 minutes, distance to Phuket International Airport - 45 km.

Features & Amenities

  • Communal Pool at Grand Kata VIP
    Communal Pool
    Ground Floor
  • Communal Gym at Grand Kata VIP
    Communal Gym
    1st Floor

Available Units at Grand Kata VIP

Get notified when new homes are being added to Grand Kata VIP
View All (4)
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Communal Garden Area
Fitness
Communal Gym
Convenience
On Site Restaurant
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional

Management

Common Area Management 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.
$2/SqM
Sinking Fund :
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 Grand Kata VIP the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
$12/SqM
Freehold Premium :
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
$10,100
Pets : Not Allowed

About the Developer - Phuket9 Co., Ltd.

All Phuket9 Co., Ltd. Projects
13 Projects 1,795 Units

Thai real estate development company that has been active in the real estate market since 2004. In 2018 company include main office in Phuket and three branches in China. There are more than 250 people working under Phuket9 branded projects. The main company’s activity still remains real estate development. The future of Phuket9 is hotel management and investment property management.

Frequently Asked Questions

Frequently asked questions about Grand Kata VIP
No pets are allowed at Grand Kata VIP 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 at Grand Kata VIP is $2 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.
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 Grand Kata VIP the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Kata Beach is the nearest Beach from Grand Kata VIP and it is 0.5 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 at Grand Kata VIP 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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Phuket
Karon
Neighborhood Overview of Karon, Phuket

Neighborhood Overview

Location and Neighborhood

Street View

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