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    1 Bedroom Condo for sale at VIP Kata Condominium 1
    Karon, Phuket Town,Phuket
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    Sale Price
    $159,000
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    1 Bedroom Condo for sale at VIP Kata Condominium 1
    (2 Reviews)
    Unit ID: U1887048
    7% GUAR. RETURN FOR 7 YEARS
    Karon, Phuket Town,Phuket
    $159,000
    1 Bedroom
    1
    Bathroom
    511 Sqft
    Size
    3
    Floor
    Dec 2018
    Completed
    8
    Sale Price
    $159,000

    About This Condo

    This property is a 511 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Karon, Phuket and was completed in Dec 2018. You can buy this condo for a base price of $159,000 ($311/Sqft).

    Features

    Corner UnitCorner Unit BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jun 30, 2024
    Updated 2 weeks ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 511 Sqft
    Price per Sqft $311
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) N/A
    Unit Type N/A
    Building VIP Kata Condominium 1
    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.
    $82/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1887048

    Investment Opportunity: Charges & Yield

    Sale Price
    $159,000
    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.
    $82/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
    7 Years

    Project Details

    Project Name: VIP Kata Condominium 1
    Developer: Phuket9 Co., Ltd.
    Construction: Completed (Dec 2018)
    Floors: 7
    Buildings: 1
    Units: 209
    Project Area: 38,750 Sqft
    Nearest Landmark Kata Beach - 0.4 Km
    Location: Karon, Phuket
    VIP Kata Condominium 1 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
    Reception / Lobby Area Reception / Lobby Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at VIP Kata Condominium 1

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Communal Pool
      4th Floor
    • Communal Gym
      4th Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at VIP Kata Condominium 1

    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at VIP Kata Condominium 1
    $148,000
    $316/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 469 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Pool View
    Updated 2 weeks ago
    Available Units at VIP Kata Condominium 1
    $159,000
    $311/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 511 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished
    Updated 2 months ago
    Available Units at VIP Kata Condominium 1
    $157,000
    $383/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 409 Sqft Size
    Floor 3 Floor
    Fully Furnished Pool View
    Updated 2 months ago
    Available Units at VIP Kata Condominium 1
    $182,000
    $345/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 527 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at VIP Kata Condominium 1
    $173,000
    $316/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 549 Sqft Size
    Floor 2 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at VIP Kata Condominium 1
    $232,000
    $313/Sqft
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 743 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Garden View
    Available Units at VIP Kata Condominium 1
    $433,000
    $323/Sqft
    Good Price
    Beds 3 Beds
    Baths 3 Baths
    Size 1,342 Sqft Size
    Floor 4 Floor
    Leasehold Fully Furnished Pool View
    Available Units at VIP Kata Condominium 1
    $188,000
    $349/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 538 Sqft Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at VIP Kata Condominium 1
    $234,000
    $314/Sqft
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 743 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Garden View
    Available Units at VIP Kata Condominium 1
    $150,000
    $317/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 473 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Available Units at VIP Kata Condominium 1
    $150,000
    $317/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 473 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Pool View
    Available Units at VIP Kata Condominium 1
    $302,000
    $358/Sqft
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 844 Sqft Size
    Floor 6 Floor
    Leasehold Fully Furnished Garden View
    Available Units at VIP Kata Condominium 1
    $160,000
    $313/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 511 Sqft Size
    Floor 2 Floor
    Leasehold Fully Furnished Garden View
    Available Units at VIP Kata Condominium 1
    $208,000
    $318/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 653 Sqft Size
    Floor 3 Floor
    Leasehold Fully Furnished Garden View
    Available Units at VIP Kata Condominium 1
    $274,000
    $347/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 790 Sqft Size
    Floor 1 Floor
    Leasehold Fully Furnished Pool View
    Get notified when new homes are being added to VIP Kata Condominium 1
    View All (15)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,890
    1st Installment
    Within 15 days
    30%
    2nd Installment
    WItn in 3 months
    70%

    Frequently Asked Questions

    No pets are allowed at VIP Kata Condominium 1 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 $2 per square meter based on the size of indoor area of the property and is $82 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 VIP Kata Condominium 1 the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
    VIP Kata Condominium 1 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 7 Years.
    Read more here.
    Kata Beach is the nearest Beach from VIP Kata Condominium 1 and it is 0.4 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 VIP Kata Condominium 1 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,890
    1st Installment
    Within 15 days
    30%
    2nd Installment
    WItn in 3 months
    70%

    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

    Reviews

    3.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condo is still new, just 10 minutes walk to Kata Beach.
    Dick Fischer, United States, 5 years ago
    This project is located in the Kata and Karon areas; about 80% of foreigners live here. I think it's easy to find something to eat here. There are many European style restaurants. Plus, walking to the beach is only about 500 meters. This condo is 7 floors high, and my room is on the 6th floor with a pool view. The first time I moved in, it was fully furnished. It is very clean and well maintained. There is almost no problem of breakage or dirt at all, deserving as a VIP condo. On the downside, I think the parking lot is too small and quite busy during the high season.
    Condominium in the heart of Kata, convenient transportation, comfortable life
    Dick Fischer, United States, 6 years ago
    I always travel to Phuket in the summer of every year. By this time, I choose to stay in the Kata area and rent at the VIP Kata Condominium 1, a beautiful condominium with complete facilities. In addition, the rooms I rented are neatly decorated with quality furniture, including the living area which is suitable for this 1 bedroom size as well. Moreover, this condominium is 800 meters close to Kata Beach. It is a perfect vacation trip and gets to know people as well.
    Phuket
    Karon

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby VIP Kata Condominium 1

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    Year Built
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    Project Name
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    Project Name
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    ▼ -8% underpriced
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    Project Name
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    Number of units
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
    352
    Sales Prices
    $94.98K - $190.07K
    ▼ -23.2% underpriced
    Monthly Rentals
    $520 - $723
    Year Built
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    Completion Status
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    Project Name
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
    N/A
    Completion Status
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