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Investment apartment 5 minutes to Kata beach

Basic information

Location:
  • Phuket, Kata
Accommodation:
  • Bedroom: 1
  • Bathroom: 1
Equipment:
  • Gym
  • Swimming pool
  • Air conditioning
Additionally:
  • Car Park
Price:
USD 113 055

  • 500 – meters to Kata beach
  • 209 – apartments in 2 buildings
  • 30 sq.m – the size of the smallest studio
  • 140 000 Baht  – the average pre-sale price per sq.m
  • 10% – estimated price-growth during construction
  • 56% – cost of apartment will be paid-back to the buyer (7% per annum in 8 years)
  • 20 months – estimated construction period (completion is scheduled for May 2020)
  • 7 minutes – it takes to walk to the sea
    Project apartments are made in new design. The company attracted one of the top architectural offices of China. Apartments in two new buildings received a fresh, modern, minimalist design.The distance to Kata Beach is 500 meters. The complex is surrounded by a developed tourist infrastructure. The new condominium will have 209 apartments ranging from 30 to 60 square meters, two swimming pools, restaurants on the roof overlooking the sea and the mountains.The completed project will include 387 apartments in 4 buildings, 3 separate villas, a children's park, 4 restaurants, a fitness club and a spa. The construction of the second phase of the condominium began in August 2018, the planned commissioning is June 2020.Location on a wide road in the Kata area. Opposite there are several night markets, within walking distance - a large number of massage parlors, local markets, convenience stores and small shopping centers, mini golf. More than 20 restaurants of various cuisines, including Thai, Italian, Russian, Japanese and Indian. Nightlife, music bars are also located at a distance of no more than 700 meters.The cost of an apartment in a condominium of 30 square meters, including a full set of furniture and decor (turnkey) starts from 125,000 USD. Payment can be made either in full or in stages of construction, receiving special benefits in a particular case. Two types of property registration are available: freehold (full ownership, quota of the total number of apartments in the condominium 49%) and leasehold (long-term lease for 30 years with a double extension). The cost of the leasehold differs downwards by about 10%.Renders of new design of apartments, made in a minimalist style, designed to relax near the beach. Large work surface, which includes the kitchen surface and work area, light colors, bathroom with natural light.The guaranteed rental program for the project offers customers an annual fixed income of 7% of the purchase price for up to 8 years. The percentage is calculated on the total cost, including furniture and decor. Profit tax, condominium fees are deducted from income. The Kata and Karon areas have been developing rapidly in the last 3-4 years. Condominium has a convenient location, which is the main strategic component for future operation.

Cable TV Yes
At the main road Yes
Balcony Yes
Bower Yes
City view Yes
Dining room Yes
Fire safety system Yes
Laptop workplace Yes
Living room Yes
Sea view Yes
Security Yes
Service staff Yes
Terrace Yes
Wi-Fi Yes
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