WeKata 3 – Studio Apartment

Description

A brand new apartment project has recently launched by Phuket’s one of the most reputable property developers. This is the 3rd phase of an ongoing project and it’s located only 300 meters from Phuket’s one of the nicest beaches Kata beach. So many restaurants, coffee shops, shopping areas within a short walking distance from the project. You won’t need a vehicle to get around when you are staying at this property.

They’ve designed the project and the rooms in top quality and used top quality materials. There are studio rooms, one bedroom units, 2 bedroom units and penthouses with their own swimming pool.

The project has a rooftop shared swimming pool, a restaurant, spacious fitness room, a kid’s club, 24 hours security, covered parking and elevator access.

It’s perfect opportunity for investment since they also offer 7% yearly guaranteed rental return for their investors for the first 5 years. This option only comes with the full payment upfront. Once you are in the rental guarantee program, you can use your property either 15 days a year in the High Season, or 30 a year in the Low Season. The rest of the year, they will rent it out as a hotel room and generate the income for both you and the hotel.

If you don’t wish to commit to 5 year guaranteed program, they also have a rental pool program which is more flexible. That works on a profit share basis with the hotel management and the unit owners. Projected profit per year in this program is between 5-10%. You can stay in your apartment as long as you want in this program, but of course the longer you use it, the less return you will receive.

It is projected to be completed at the end of 2024. Therefore there is an extended payment term available until the completion.

This specific unit is a Studio room with 32 square meter living space, 1 bathroom, a balcony and a kitchenette. The price is inclusive of the full furniture package!

This is one of the best investment options in Kata Beach. Contact us to visit or to get more information.