Utopia Dream – 2nd Floor – Reign Style

Description

Introducing the newest venture by a renowned developer in Phuket, this project is just a short drive from the untouched beauty of Naiharn Beach. Within a 5-minute drive, you’ll find an array of excellent dining options, cozy coffee shops, lively pubs, and convenient grocery stores, along with some of Phuket’s most famous attractions like Prompthep Cape, The Windmill Hill, and Naiharn Lake.

The condominium complex comprises 224 one-bedroom units, with sizes ranging from 25 to 36 square meters. Designed to operate as a hotel upon completion, it boasts a full suite of hotel-style amenities, including a rooftop infinity pool, poolside bar, ground-floor lobby and reception, a spa center, a fully equipped gym, a Thai restaurant on the top floor, an open-air cinema, a tropical rainforest water park, elevator access, 24-hour security, and covered parking.

This development is ideal for both living and investment purposes. As it will function as a hotel, investors are offered a guaranteed rental return. For the first three years, investors can opt for a 7% guaranteed rental return, calculated based on the unit’s purchase price, paid annually regardless of the hotel’s performance. After this initial period, a rental pool program is available, where owners receive 70% of the income generated by their unit, with the management retaining 30%.

During the guaranteed rental return period, owners can enjoy 20 complimentary nights per year in their property. For the remainder of the year, the unit will be utilized as a hotel room to generate income for the owners.

This particular unit offers a total living space of 32 square meters, with a view of the communal pool. It includes one bedroom, one bathroom, a kitchenette, and a balcony.

Contact us to explore this exceptional project.