VIP Kata Resale With 7% Guaranteed Rental Return

Description

Located only 500 meters from Phuket’s one of the best beaches Kata, this condo offers an incredible investment opportunity to its new owners. Kata VIP is a well known project preferred by many holiday goers not just because of its immaculate location, but also because of its great management and facilities. Even though numerous top quality restaurants, bars, coffee shops and shopping options on your doorstep, you will find yourself not leaving your compound some days enjoying the swimming pool, rooftop bar and fully equipped fitness center.

The project is a condominium of 5 buildings, 8 floors with 388 residential units, ranging from 1-2 bedrooms.

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

Additional Services
– Cleaning Service
– Tour booking service

This is a 69 Square meter, 2 Bedroom unit situated on the 1st floor. The price is inclusive of full furniture package. The ownership is Leasehold. This unit offers 7% Guaranteed Rental Return per year for the first 7 years. So you will receive approximately (8.700.000 x 0.07) 609.000 THB every year for your return on your investment. At the end of the guaranteed period which is 7 years, you will end up receiving 49% of your investment 4.263.000 THB back. There will be a small charge of Withholding tax on this price, but you will be receiving approximately this number back.

Asking price is 8.700.000 THB. Contact us to visit this unit.