Studio Condo for sale at Utopia Central

Kathu, Kathu,Phuket

Studio Condo for sale at Utopia Central

(1 Review)

Unit ID: U27955

8% GUAR. RETURN FOR 3 YEARS

Kathu, Kathu,Phuket

$88,900

Studio Bedroom

Bathroom

258 Sqft

Size

Floor

Apr 2020

Completed

Sale Price

$88,900

About This Condo

This property is a 258 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Kathu, Phuket and was completed in Apr 2020. You can buy this condo for a base price of $88,900 ($344/Sqft).

Discover Utopia at Phuket's Stylish Central Studio Condo!

Step into a world of ultimate luxury with this unique opportunity to purchase a modern, high-end studio condo in the Utopia Central project. With amazing 24 SqM of living space and exquisite 1 bathroom, this property offers a brilliant opportunity to make a stylish and affordable home in the Kathu district of Phuket.Its recent construction completion date of April 2020 means that the condo benefits from the latest in modern finishing and fixtures. Buyers can enjoy fresh, up to date decor and appreciate the level of quality and craftsmanship on offer.The condo comes with an attractive and competitive price tag of just ฿3,025,000 (฿126,042/SqM). You will be hard pressed to find a comparable property in the market that offers such amazing value and such a convenient location.This property is an ideal choice for investors, young professionals and those looking for an amazing opportunity to make a smart real estate purchase at a low cost. With only 24 SqM of space and 1 bedroom, keen investors will find it to be a great business opportunity.In the heart of Kathu, Phuket, you have the advantage of being close to the beach, shopping centres, schools and other conveniences, while still being surrounded by the natural beauty of the area. Here you can enjoy the best of both worlds – a vibrant urban lifestyle surrounded by stunning scenery and serenity.Discover a new world of possibilities with the 24 SqM studio condo at Utopia Central. Offering low cost convenience, modern styling and a fabulous location, this property is an amazing opportunity not to be missed. Get in touch with us today to enquire and make sure you don't miss out.

Features

Balcony

Basic Information

Date Listed Apr 28, 2023

Updated 1 year ago

Property Type Condo

Floor 8

Bedroom Studio

Size 258 Sqft

Price per Sqft $344

Pets Not Allowed

Condo Ownership

Foreign Quota, Thai Quota, Leasehold, Company

Furniture

Unfurnished

View(s) City View

Unit Type STU

Building N/A

CAM Fee

$35/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U27955

Investment Opportunity: Charges & Yield

Sale Price

$88,900

CAM Fee

$35/mo

Price-to-Rent Ratio

Guaranteed Rental Return

Guarantee Duration

3 Years

Project Details

Project Name: Utopia Central

Developer: UTOPIA CORPORATION CO LTD

Construction: Completed (Apr 2020)

Floors: 8

Buildings: 2

Units: 405

Project Area: 51,667 Sqft

Nearest Landmark Patong Beach - 6 Km

Location: Kathu, Phuket

Utopia Central Project Details

Project Features

Hotel Managed

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Reception / Lobby Area

Communal Garden Area

Shuttle Bus

Popular Facilities at Utopia Central

Communal Pool

2nd Floor

Available Units at Utopia Central

For Sale 17 For Rent 1

All
Studio

Fully Furnished City View

Thai Quota Fully Furnished Mountain View

Foreign Quota Fully Furnished City View

Leasehold Fully Furnished City View

Foreign Quota Unfurnished City View

Foreign Quota Fully Furnished City View

Leasehold Fully Furnished Mountain View

Leasehold Fully Furnished Mountain View

Leasehold Fully Furnished Mountain View

Foreign Quota Unfurnished City View

Foreign Quota Unfurnished Mountain View

Thai Quota Fully Furnished Garden View

Foreign Quota Unfurnished City View

Foreign Quota Unfurnished Pool View

Foreign Quota Unfurnished Pool View

Foreign Quota Unfurnished City View

Foreign Quota Unfurnished Pool View

Get notified when new homes are being added to Utopia Central

View All (17)

Loan Calculator

Payment Plan

Installment Milestone Payment

Reservation Deposit

Immediately

$2,910

Down Payment

Upon contract signing

30%

1st Installment

During Construction

20%

2nd Installment

On completion

30%

3rd Installment

On handover

20%

Frequently Asked Questions

No pets are allowed at Utopia Central 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 $1 per square meter based on the size of indoor area of the property and is $35 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 Central the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.

Utopia Central offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.

Patong Beach is the nearest Beach from Utopia Central and it is 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.

Reviews

5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Condo for investing

Lars Moman, Sweden, 4 years ago

I bought a studio room in this condo, and I think it is worth investing. I got it at a very good deal and expected that the price would be higher in the future. So far, I bought to rent it out as they guarantee an 8% rental income for 5 years, and there are also many other benefits you will get from this property. Inside the room is divided into good proportions with furniture provided. The materials used to decorate the rooms are quite good, overlooking the mountains and the city views. There are full facilities, including the large swimming pool, gym, restaurant, bar, receptions for 24 hours. Oh, there is room service and the shuttle bus to the beaches as well. About the location, it is good here. It is quite close to many facilities such as Prince of Songkla University, and Central Festival Phuket is just 10 minutes drive away.

Phuket

Kathu

Neighborhood Overview

Buy
$37.86K - $24.44M
For Sale on AsiaVillas
465 properties
Rent
$220 - $35.22K
For Rent on AsiaVillas
452 properties
To Prince Of Songkla University Phuket Campus
1.1 km / 3 minutes by driving
To Phuket International Airport
33.6 km / 44 minutes by driving

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