Thailand , Phuket , Karon
฿4,700,000 THB to ฿5,700,000 THB
Unit Sizes: 34 SQM.
Freehold and Leasehold Options
Enquire About This Development
13% Guaranteed Rental Return, Guaranteed for 3 years with 30 Days Free Usage
A large development on Karon Hill, only 800 meters from Karon Beach, this complex of sea view condominiums has been conceptualized to resemble a 5-star hotel in Phuket. Located within comfortable reach of amenities and attractions, the valuable sea view property is set to be completed by October 2019 (1st Phase).
Located on top of a prime hill, 7 rai, site offering sea and mountain views, Utopia Karon Condominiums comprise 238 units of 1 and 2 bedrooms, between 33 and 68 sqm. The units come fully decorated with complimentary home appliances and shared outdoor areas, including a parking lot and two swimming pools, of which one is an infinity pool at the highest point of the property. Facilities include the Peak Ocean pool bar, spa, gym, and a restaurant on top of the hill with breathtaking views from one of the highest point in Karon.
Floor space of the units is optimally utilized to allow for large living spaces with generous views. The 1-bedroom apartments have ample bathroom, living room, kitchen and dining areas while still allowing for a larger than standard bedroom over 4.4m x 1.6m, as well as a large outdoor terrace with Jacuzzi. The 2-bedroom units’ flow over double that space, offering two end suite bedrooms, separate dining room and terrace with Jacuzzi.
Guaranteed Return on Investment
This prime real estate, situated in one of Phuket’s most popular bays. comes with a fixed annual income of up to 13%, as well as a 5-year buyback program. Being the choice destination that it is, Karon Beach gets a good share of the rising number of tourists to Phuket each year. Phuket Airport posted an 11.3% year-on-year growth in 2017, reaching an estimated 8.4 million incoming passengers. Even low-season tourism figures show an 11.2% increase compared to the same period in 2016. Competition in the area is limited due to the geography and infrastructure of Karon Beach. It has only a few true, but celebrated, beachfront hotels as the main road runs almost the entire length of the beach – the last beach in this part of Phuket to hold extensive open land.
The property is 800 meters from Karon Beach, one of Phuket’s most beautiful beaches. There are numerous well-known, prestigious hotels and 5-star resorts close by, including the popular Hilton Hotel. All beaches along this rugged stretch of Phuket’s coast are set into bays, except Karon, which is the longest and straightest of them with four kilometers of tropical sand. Karon Beach has always been the quietest of the big, famous beaches lining Phuket’s southwest coast. The density of beach use here is far lower than on either of its neighbors, Patong and Kata Beaches. But with the last of Karon’s huge spaces rapidly filling with rooms, restaurants, shops and markets, each year sees ever more visitors making their way this choice holiday destination.
Facilities, Services and Benefits
The Utopia property developments are unique in that they all form part of a condominium hotel chain in Phuket. Once developed and sold, Utopia continues to service and maintain the property like a 5-star hotel, so investors don’t have the headaches and expenses that usually come with property maintenance. They can also enjoy the benefits of 24-hour security, 24-hour reception, room services and transport that would be expected of any world-class hotel.
Rental Income: Our 1 to 20-year selective rental agreement generates a guaranteed 8% fixed annual income for the investor.
Free holidays: 40 nights of free stay per year at any Utopia Hotels. Use any of the facilities at any Utopia Hotels – spend your holiday in a Utopia Karon while using the gym facilities at Naiharn or the pool in Kata.
Free transport: Utopia offers a free beach shuttle bus service as well as connecting shuttle service between all our projects in Phuket.
- 24-hour security
- Air Conditioning
- Childrens play area
- Internet / wifi
- Meeting rooms
- Restaurant / Bar
- TV Cable
- Washer / Dryer
- Parking Availability: Yes
Development Pricing Guide
|($) Singapore||$205,578 - $249,318||SGD|
|(₱) Philippines Peso||₱7,314,986 - ₱8,871,366||PHP|
|(£) GBP||£114,069 - £138,339||GBP|
|(€) Euro||€127,464 - €154,584||EUR|
|($) US Dollar||$150,494 - $182,514||USD|
KARON BEACH INVESTMENT OVERVIEW
Key Investment fundamentals include
- Guaranteed Rental Return of 13% for 3 Years
- 10 Free Nights in High Season and 20 Free Nights in Low Season
- Key investment location
Quite simply a superb Ex-Pat Lifestyle investment with a superb ROI in a great location of Phuket only 800 meters from the beach.
The investment is a very simple one you buy your Condo from the developer and he enters into a contract to lease if from you for one to 20 years and pays you a rental return of 8% PA Guaranteed for the term that you agree up to 20 years. The developer also gives you 30 days free usage a year of the Condo 10 of which are in peak season.
The Developer has designed the project as a Condo Hotel style development thus being able to give such returns to investors and when you use the resort you have everything you need.
In simple terms where today where can you get 13% on your money with the possibility to get capital growth and 30 days free usage.
Register Your Interest
Fill in the Form and One of Our Team will Contact You
About the developer
UTOPIA DEVELOPMENT (UTOPIA CORPORATION CO LTD)
Utilising their extensive experience and knowledge on Australian design and construction, injected a sum close to 2 billion Thai Baht into the development of the properties. IPA Corp formed the Utopia Development business unit, and currently having 6 progressing projects in Phuket island.
A significant and unique benefit for our investors of Utopia Development projects, Utopia Development has sole ownership of all the land planned to be developed, and with the capital provided by IPA Corp rather than from the Thai banks, this provides the client with peace of mind of the capital ownership of the whole project entity.
In February 2016, Utopia Development, together with the island’s largest builder, Hatyai Nanthakorn (HYN), developed and completed the first project, Utopia Kata (UTK) at Kata Beach consisting of 20 serviced apartments.
Utopia Naiharn Villa and Condo (UTN) was launched in April 2016 with one of Phuket’s longstanding family construction companies, House and Home – House Care services (H&H) engaged to develop and construct the project consisting of 110 Hotel Condominiums and 9 Villas. This project was recently completed in September 2018.
In February 2017, Utopia Development again with H&H launched the third project – Utopia Loft (UTL) at Naiharn Beach, comprising of 236 luxury loft styled Hotel condominiums to complete the Utopia Naiharn Resort project. The completion of UTL is anticipated in October 2019.