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    2 Bedroom Condo for sale at VIP Karon
    Karon, Phuket Town,Phuket
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    Sale Price
    $375,000
    Schedule Viewing

    2 Bedroom Condo for sale at VIP Karon
    (4 Reviews)
    Unit ID: U1785132
    7% GUAR. RETURN FOR 5 YEARS
    Karon, Phuket Town,Phuket
    $375,000
    2 Bedrooms
    2
    Bathrooms
    943 Sqft
    Size
    7
    Floor
    May 2024
    Completed
    8
    Sale Price
    $375,000

    About This Condo

    This property is a 943 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Karon, Phuket and was completed in May 2024. You can buy this condo for a base price of $375,000 ($398/Sqft).

    Features

    Wet BarWet Bar BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Apr 1, 2024
    Updated N/A
    Property Type Condo
    Floor 7
    Bedrooms 2
    Size 943 Sqft
    Price per Sqft $398
    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%.

    Foreign Quota, Thai Quota, Leasehold, Company
    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 K
    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.
    $155/mo
    Listed By
    Developer
    Electricity Price $0.15/kWh
    Water Price $0.15/Cubic Meter
    Unit ID U1785132

    Investment Opportunity: Charges & Yield

    Sale Price
    $375,000
    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.
    $155/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
    5 Years

    Project Details

    Project Name: VIP Karon
    Developer: Phuket9 Co., Ltd.
    Construction: Completed (May 2024)
    Floors: 8
    Buildings: 3
    Units: 122
    Project Area: 34,445 Sqft
    Nearest Landmark Karon Beach - 0.6 Km
    Location: Karon, Phuket
    VIP Karon 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)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at VIP Karon

    • All
    • Leisure
    • Convenience
    4
    • Communal Pool
      Rooftop
    • On Site Restaurant
      Ground Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at VIP Karon

    • All
    • 1 Bed
    • 2 Beds
    Available Units at VIP Karon
    $111,000
    $364/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 2 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $115,000
    $375/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $219,000
    $369/Sqft
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 594 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $115,000
    $375/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $246,000
    $370/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 665 Sqft Size
    Floor 8 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $228,000
    $343/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 665 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $260,000
    $437/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 594 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Mountain View
    Available Units at VIP Karon
    $118,000
    $385/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $238,000
    $401/Sqft
    Good Price
    Beds 2 Beds
    Baths 2 Baths
    Size 594 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $118,000
    $385/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $310,000
    $329/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $118,000
    $385/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $310,000
    $329/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $122,000
    $400/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $264,000
    $398/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 665 Sqft Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $310,000
    $329/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $122,000
    $400/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $310,000
    $329/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $122,000
    $400/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $323,000
    $343/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $323,000
    $343/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $126,000
    $413/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $126,000$147,000
    $413/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $323,000
    $343/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $126,000
    $413/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 306 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $153,000
    $321/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 476 Sqft Size
    Floor 1 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at VIP Karon
    $323,000
    $343/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $153,000
    $321/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 476 Sqft Size
    Floor 1 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at VIP Karon
    $349,000
    $370/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 943 Sqft Size
    Floor 8 Floor
    Foreign Quota Fully Furnished Garden View
    Available Units at VIP Karon
    $159,000
    $401/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 396 Sqft Size
    Floor 4 Floor
    Foreign Quota Fully Furnished Garden View
    Get notified when new homes are being added to VIP Karon
    View All (55)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,950
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Foundation start
    20%
    3rd Installment
    Building structure completion
    20%
    4th Installment
    Completion of the walls
    20%
    5th Installment
    Completion of interior
    5%
    6th Installment
    On handover
    5%

    Frequently Asked Questions

    No pets are allowed at VIP Karon 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 $155 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 Karon the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    VIP Karon offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 5 Years.
    Read more here.
    Karon Beach is the nearest Beach from VIP Karon and it is 0.6 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 Karon 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
    $2,950
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    Foundation start
    20%
    3rd Installment
    Building structure completion
    20%
    4th Installment
    Completion of the walls
    20%
    5th Installment
    Completion of interior
    5%
    6th Installment
    On handover
    5%

    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

    4.5 out of 5
    Based on
    4 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The new project is under construction.
    Justin Harrow, Australia, 4 years ago
    It is a new project located on the main road near Karon Beach. The entrance is not difficult to find. I think it's worth investing here because there will be many tourists and investors after the situation returns to normal. It is a low-rise condo with 8 floors height, but excellent quality. There is a rooftop swimming pool and a point for the villagers to sit and enjoy the beautiful view. The project will be completed soon, so be sure to reserve it !!
    The condo with a beautiful location
    Stephan Puckett, Canada, 4 years ago
    The project location is excellent and close to 3 beaches on Phuket island. It is a good condo with a very modern design. Now, it is still under construction and expected to be completed in 2021. Based on a picture of the structure, it is good looking and quality. A variety of amenities surrounds the condo. Therefore, it is quite matching my needs, and with an abundance of condo locations surrounded by various trees around, it is quite refreshing. Moreover, the project is located in a potential community in the Karon area and not far from civilization. It can also be connected to all routes, convenient walking, nearby condominiums, restaurants, and convenience stores. I've already reserved 1 room!
    Suitable for investment !
    Justin Harrow, Australia, 4 years ago
    The condo is suitable for long term investment, for renting out to foreigners because there are plenty of foreigners living, working, and traveling around the Karon area. Plus, the project also has a guaranteed return of 7%, which is interesting. The common areas include a rooftop, parking space, and onsite restaurant. My studio room at 36 sq.m is fully furnished with quality furniture, so liveable! I don't think investing in this place will disappoint you!
    An interesting condo in the Karon area
    Justin Harrow, Australia, 4 years ago
    One of the interesting condos in the Karon area, a famous attraction of Phuket, attracts tourists worldwide, so there are many restaurants, shops, and massage parlors. Living in this area is quite convenient. For me, I bought the room for rental business and speculative sales in the future because the location is considered a prime area. To my knowledge, this is a high-quality condo with a wide unit area, well decorated with a full set of furniture. It's ready to move in. The project has a swimming pool and a gym, really convenient! It's easy to travel too. For those who own a car, you can drive into the town within 30 minutes, or you can take a public bus. I would recommend it here for both living and investing purposes.
    Phuket
    Karon

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby VIP Karon

    Location
    Number of units
    Sales Prices
    Monthly Rentals
    Year Built
    Completion Status
    Project Name
    Location
    Number of units
    Sales Prices
    Monthly Rentals
    Year Built
    Completion Status
    Project Name
    Aristo Karon Condo
    Location
    Karon, Phuket Town, Phuket
    Number of units
    301
    Sales Prices
    $127.55K - $301.94K
    ▼ -10.1% underpriced
    Monthly Rentals
    N/A
    Year Built
    Aug 2020
    Completion Status
    Completed
    Project Name
    Melia Phuket Karon Residences
    Location
    Karon, Phuket Town, Phuket
    Number of units
    63
    Sales Prices
    $249.37K - $1.95M
    ▲ 19% overpriced
    Monthly Rentals
    N/A
    Year Built
    Jul 2024
    Completion Status
    Completed
    Project Name
    Chic Condo
    Location
    Karon, Phuket Town, Phuket
    Number of units
    132
    Sales Prices
    $79.1K - $531.27K
    ▼ -3.8% underpriced
    Monthly Rentals
    $679 - $1.03K
    Year Built
    Nov 2012
    Completion Status
    Completed
    Project Name
    VIP Venus Karon
    Location
    Karon, Phuket Town, Phuket
    Number of units
    214
    Sales Prices
    $94.45K - $165.29K
    Monthly Rentals
    N/A
    Year Built
    Oct 2026
    Completion Status
    Off Plan
    Project Name
    Hightone Karon Seaview Villas & Garden
    Location
    Karon, Phuket Town, Phuket
    Number of units
    11
    Sales Prices
    $926.48K - $1.04M
    Monthly Rentals
    N/A
    Year Built
    Dec 2025
    Completion Status
    Off Plan
    Project Name
    Waterfront Karon
    Location
    Karon, Phuket Town, Phuket
    Number of units
    N/A
    Sales Prices
    $354.18K
    Monthly Rentals
    $1.77K - $2.66K
    Year Built
    Feb 1998
    Completion Status
    Completed
    Project Name
    The Ark At Karon Hill
    Location
    Karon, Phuket Town, Phuket
    Number of units
    98
    Sales Prices
    $171.16K - $708.07K
    ▼ -13% underpriced
    Monthly Rentals
    N/A
    Year Built
    Jul 2014
    Completion Status
    Completed
    Project Name
    Karon Hill Residence
    Location
    Karon, Phuket Town, Phuket
    Number of units
    156
    Sales Prices
    $88.55K - $324.67K
    Monthly Rentals
    $2.66K
    Year Built
    Jul 2013
    Completion Status
    Completed
    Project Name
    Veloche Group
    Location
    Karon, Phuket Town, Phuket
    Number of units
    99
    Sales Prices
    $103.3K
    Monthly Rentals
    N/A
    Year Built
    Jan 2019
    Completion Status
    Completed
    Project Name
    Palmetto Condo
    Location
    Karon, Phuket Town, Phuket
    Number of units
    30
    Sales Prices
    $135.77K
    ▲ 9% overpriced
    Monthly Rentals
    N/A
    Year Built
    Jun 2020
    Completion Status
    Completed
    Projects Nearby VIP Karon
    Save
    Aristo Karon Condo
    Melia Phuket Karon Residences
    Chic Condo
    VIP Venus Karon
    Hightone Karon Seaview Villas & Garden
    Waterfront Karon
    The Ark At Karon Hill
    Karon Hill Residence
    Veloche Group
    Palmetto Condo
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