Utopia Central. Utopia Central in Kathu, Phuket. Advertised studio and two-bedroom layouts. Contact Nestenn for property details.

Phuket

DRV-UTOPIA-CENTRAL

Utopia Central: Aerial overview of buildings and grounds — Representative image · Aerial overview of buildings and grounds

Utopia Central: Dining area — Representative image · Dining area

Utopia Central: Bathroom interior — Representative image · Bathroom interior

Utopia Central: Kitchen and fitted cabinetry — Representative image · Kitchen and fitted cabinetry

Utopia Central: Swimming pool and surrounding deck — Representative image · Swimming pool and surrounding deck

Utopia Central: Bedroom interior — Representative image · Bedroom interior

Studio to 2 Beds · 1 Bath · Floor area: 24 to 53.67 m²

Project: Utopia Central

Developer: Utopia Corporation

Delivery: 2022

Price

From $ 84,000

From ฿ 2,825,000

Description

Utopia Central is a condominium complex in Kathu, Phuket, developed by Utopia Corporation. Fully operational and ready for move-in, the project stands out for its rental investment potential and comprehensive facilities. It offers a choice of freehold or leasehold ownership, appealing to both residents and investors looking for returns in Phuket's property market.

Project details

Type: Condominium
Buildings: 2 towers (A and B)
Total units: 405
Land area: 3 Rai (4,800 sqm)
Completion: 2022, fully operational and ready to move in

Unit types

Studio apartments: 24 sqm
Two-bedroom apartments: Up to 53.67 sqm

Facilities

Two swimming pools
Fully equipped gym
On-site restaurant
24-hour security

Location

Loch Palm Golf Club: 10 minutes
Patong Beach: 15 minutes
Central Phuket: 15 minutes
Phuket Town: 20 minutes
Phuket International Hospital: 20 minutes

Payment terms and fees

Ownership: Freehold and Leasehold options available
Furniture Package: THB 100,000
Freehold Transfer Fee: 2%
Leasehold Transfer Fee: 1%
Sinking Fund: THB 500 per sqm (one-time payment)
Common Area Fee: THB 50 per sqm per month (waived for owners in the rental program)

Investment potential

The project offers a rental program with a guaranteed 8% gross yield for the first 3 years. Following this period, owners can join a revenue sharing program with a 70% income split. Owners participating in the rental program are also entitled to a complimentary 10-night stay each year.

Key features

Guaranteed 8% rental yield for 3 years
Completed in 2022 and ready to move in
Studio and 2-bedroom units from 24 sqm
Facilities include two pools, a gym, and a restaurant
15 minutes drive to Patong Beach and Central Phuket
Freehold and leasehold ownership available
Located in Kathu, a central part of Phuket

Ask about Utopia Central

Utopia Central | Condominium