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    4 Bedroom Condo for sale at Utopia Kata
    Karon, Phuket Town,Phuket
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    Sale Price
    $780,000
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    4 Bedroom Condo for sale at Utopia Kata
    (1 Review)
    Unit ID: U1937434
    10% GUAR. RETURN FOR 20 YEARS
    Karon, Phuket Town,Phuket
    $780,000
    4 Bedrooms
    5
    Bathrooms
    2,831 Sqft
    Size
    Ground Floor
    Floor
    Jul 2017
    Completed
    9
    Sale Price
    $780,000

    About This Condo

    This property is a 2,831 Sqft condo with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Karon, Phuket and was completed in Jul 2017. You can buy this condo for a base price of $780,000 ($276/Sqft).

    Features

    Ocean AccessOcean Access Private PoolPrivate Pool Garden AccessGarden Access Covered ParkingCovered Parking

    Basic Information

    Date Listed Sep 22, 2024
    Updated 2 months ago
    Property Type Condo
    Floor Ground Floor
    Bedrooms 4
    Size 2,831 Sqft
    Price per Sqft $276
    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) Blocked View
    Unit Type N/A
    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.
    $380/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1937434

    Investment Opportunity: Charges & Yield

    Sale Price
    $780,000
    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.
    $380/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
    Developer: UTOPIA CORPORATION CO LTD
    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

    Available Units at Utopia Kata

    • All
    • 4 Beds
    Get notified when new homes are being added to Utopia Kata
    View All (1)

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    Frequently Asked Questions

    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $380 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 Kata the required payment for the sinking fund is $15 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.

    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 Utopia Kata 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

    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

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