Utopia Dream – 2nd Floor – Reign Style

Description

This is the latest project of Phuket’s well-known developer. It’s located only couple minutes drive away from pristine Naiharn beach. So many fantastic restaurants, coffee shops, pubs, grocery options as well as some of the most iconic landmarks of Phuket such as Prompthep Cape, The Windmill Hill and Naiharn Lake are all within 5 minutes drive radius to the project.

The condominium has total 224 one bedroom units size vary between 25 to 36 square meter. The project is going to be run as a hotel once it’s completed therefore it has all the hotel amenities such as rooftop infinity swimming pool, pool side bar, lobby and reception on the first floor, Spa center, fully equipped fitness center, Thai restaurant on the top floor, air cinema, tropical rainforest water park, elevator access, 24 hours security and covered parking.

This project is suitable both as a residential or an investment. Since it will be run as a hotel, they offer a guaranteed rental return to the investors. The first 3 years, investors can choose to receive guaranteed 7% rental return. This 7% is calculated from the purchase price of the unit and it will be paid to your account for the first 3 years regardless hotel’s operations. After this initial 3 years guaranteed rental program period, there is a rental pool program offered by the management. This is the profit share basis program whereas the owners receive 70% of the generated income of the unit and the management keeps 30%.

During the guaranteed rental return period the owners can use their property 20 night per year for free of charge. The rest of the year the property will be used as a hotel room to generate income for the owners.

This unit has 32 square meter living space in total, overlooking the common pool. There is one bedroom, one bathroom, a kitchenette and a balcony.

Contact us to visit this unique project.