VIP Karon – One Bedroom

Description

Situated just 650 meters from one of Phuket’s most stunning beaches, Kata, this new development presents an excellent investment opportunity for buyers. Kata Beach is renowned for its breathtaking turquoise waters and silky smooth white sand. Additionally, it boasts a wide array of excellent dining options, trendy coffee shops, shopping venues, beach clubs, and grocery stores. During your stay, you’ll rarely need to venture beyond the Kata area.

This project is being developed by one of Phuket’s most reputable local developers, known for their numerous successful past projects. All their previous developments operate as well-managed hotels and are impeccably maintained. Observing their past work will give you a clear idea of what to expect from this project.

The development comprises a total of 173 units, including 112 standard studios and 61 two-bedroom apartments. The complex features three shared swimming pools with panoramic sea views, three pool bars, a restaurant, a café, and a fitness center. Additionally, it offers 24-hour security, elevator access in each building, CCTV surveillance, and a covered car park.

The project guarantees a 7% rental return for the first five years. During this period, you can use your property for 30 days in the low season or 15 days in the high season. For the remainder of the year, the management will rent out your property as a hotel room, generating income for both you and the management team.

An optional rental pool is also available, allowing you to use your property as much as you like. When not in use, the management can rent it out for you, with the income shared on a 60%-40% profit basis between you and the management. In this scenario, projected income may vary between 5-10%, depending on your personal usage.

This is the Type C Studio unit, offering 37 square meters of space with a balcony. The starting price for this unit is 4,940,000 THB, with prices increasing based on the view. Sea view units are available at a higher rate. Prices include a complete furniture package, and freehold ownership is an option.

Contact us to explore this exceptional investment opportunity.