VIP Karon – Studio

Description

Located only 650 square meter away from Phuket’s one of the most beautiful beaches Kata, this new project offers a great investment opportunity to its buyers. Kata beach is famous for its stunning turquoise waters and white sand silky smooth beaches. But it is also famous for its endless options of good restaurants, numerous funky coffee shops, shopping areas, beach clubs and grocery shops. Most of the time, you won’t need to leave Kata area for anything during your stay.

This project is being built by Phuket’s one of the most well-established local developers who built numerous very successful projects in the past. All of their previous projects are running as nicely managed hotels and all maintained perfectly. Once you see their previous works, it will say enough about what to expect on this project.

The project is consists of total 173 units in total which 112 of them are standard studios and 61 of them are 2 bedroom apartments. There are total 3 different shared swimming pools with panoramic sea views, 3 pool bars, restaurant and cafe and a fitness center in the compound. Also 24 hours security, elevator access on each building, CCTV cameras and covered car park available.

The project offers 7% guaranteed rental return for the first 5 years. During this program you can use your property 30 days in low season or 15 days during high season. The rest of the year, the management will rent your property out, use it as a hotel room and generate income for you and the management.

They also offer optional rental pool which you can use your property as much as you like, and when you are not using it, they can rent it out for you and whatever income they generate will be shared 60%-40% profit share basis between you and the management. In this case projected income will be vary between 5-10% depending on how much you use your property yourself.

This is the Type F Studio unit with 28.4 square meter with balcony. Starting price for this type of unit is 3.591.000 THB goes up depending on the view. Sea view units available at higher rate. The prices are inclusive of full furniture package. Freehold ownership is also available.

Contact us to visit this great investment option.