VIP Kata Resale With 7% Guaranteed Rental Return

Description

Situated just 500 meters from one of Phuket’s premier beaches, Kata, this condominium presents a remarkable investment opportunity for prospective buyers. Kata VIP is a renowned development favored by numerous vacationers, not only for its pristine location but also for its exceptional management and amenities. Despite having a plethora of high-quality restaurants, bars, coffee shops, and shopping venues at your doorstep, you might find yourself staying within the complex some days, relishing the swimming pool, rooftop bar, and fully equipped fitness center.

The development consists of a condominium with 5 buildings, each 8 stories high, comprising a total of 388 residential units, offering 1 to 2-bedroom options.

Facilities– 24-hour reception– 5 swimming pools– Parking– Playground– 3 on-site restaurants– Spa– Fitness center– Rooftop garden– Rooftop swimming pool– Pool Bar– 24-hour security and CCTV

Additional Services– Cleaning Service– Tour booking service

This is a 69 square meter, 2-bedroom unit located on the 1st floor. The price includes a complete furniture package. The ownership is Leasehold. This unit provides a 7% Guaranteed Rental Return annually for the first 7 years. Thus, you will receive approximately (8,700,000 x 0.07) 609,000 THB each year as a return on your investment. By the end of the guaranteed period, which is 7 years, you will have received 49% of your investment, totaling 4,263,000 THB back. There will be a minor charge for Withholding tax on this amount, but you will receive approximately this figure back.

The asking price is 8,700,000 THB. Contact us to schedule a visit to this unit.