Utopia Loft

4.67 (1 Review)

Rawai, Phuket Town, Phuket

10% GUARANTEED RETURN FOR 20 YEARS
Construction
Aug 2019 Completed
Floors
4 Floors
Tower
2 Buildings
Units
240 Units
Project Area
5,800 SqM Project Area

Utopia Loft in Rawai, Phuket

Utopia Loft is a project located in Rawai, Phuket and was completed in Aug 2019. It has 240 units across 4 floors and was developed by UTOPIA CORPORATION CO LTD, who is also behind Utopia Dream Villa, Utopia Dream Condo and Utopia Yamu.

About Utopia Loft

Fulfill your life with your required choices at the Utopia Loft, a high-class luxury condominium project. It comes with modern design architecture and blends perfectly with the classics. The project is available in the hotel chain. Therefore, it is surrounded by complete facilities and a special 5-star hotel to commune with real relaxation and happily invest with the worth investment property.

Owner Benefits
- A 20-year lease with a fixed rental yield of 10% per annum.
- 5-year buyback option for investors
- 40 nights per year complimentary stay in Utopia
- Access to all Utopia facilities
- Shuttle bus service to the beach and all other Utopia projects

Project Information
Utopia Loft is a 4-story low-rise condominium located at Soi Suan Wat, Rawai, Muang District, Phuket, developed by Utopia Corporation. It consists of 240 residential units in the area of 4 rai and completed in 2019.

Room Types and Details
- 1 Bedroom (37-58 sq.m)
- 2 Bedrooms (62 sq.m)

Project Facilities
- Lobby Hall
- Reception
- Wifi
- Fitness Center
- Gardens around the project
- Communal Pool
- Children's Room
- Conference Room
- On-site Restaurants
- Car Parking
- Passenger Elevators
- CCTV
- 24 hours of Security System
- Shuttle Bus to the Beach

Additional Services (extra charge)
- Bike Rental Service
- Spa
- Yoga Class
- Cleaning Service
- Room Service
- Concierge Service

Direction to the Project
To get to the project by car, you can start from Chalong Intersection. Go straight into the Wiset Road (The way to Rawai Beach) and go straight for about 6 kilometers. Turn right at the intersection in front of the Rawai Subdistrict Municipality, and go straight along the way. When you reach Soi Suan Wat, turn left and go straight for only 400 meters. Then you will see the project located at the end of the alley.

Features & Amenities

  • Communal Pool at Utopia Loft
    Communal Pool
    Ground Floor
  • Communal Pool at Utopia Loft
    Communal Pool
    4th Floor
  • On Site Restaurant at Utopia Loft
    On Site Restaurant
    5th Floor
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Bar Bar
Spa Spa
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units
Ratio of Parking Spaces to # of Units 40%
Charging Stations on Site
Charging Stations on Site No
# of passenger lifts in each building
# of passenger lifts in each building 2
# of service lift in each building
# of service lift in each building 1

Management

Common Area Management Fee
Common Area Management Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿50/SqM
Sinking Fund
Sinking Fund
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Utopia Loft the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Freehold Premium
Freehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿300,000

Master Plan

Building Floor Plans

About the Developer - UTOPIA CORPORATION CO LTD

All UTOPIA CORPORATION CO LTD Projects
10 Projects 1,946 Units

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.

The success of the UTK and UTN projects, In April 2017, Utopia Development partnered with H&H to form Utopia Construction Group. The fourth project was then released – Utopia Central (UTC) to cater for the entry level buyers. This hotel condominium consists of 405 units and is located in the Central Festival of Phuket shopping mall, Phuket town centre, hospitals and schools. With construction commenced, the estimated completion date for this project is currently at February 2020.

Due to high demands and rapid success, in July 2017, Utopia Construction Group launched Utopia Development’s fifth project, Utopia Karon (UBR) at Karon Beach, a joint venture project with BQ Overseas. This project offers stunning views of Phuket’s beautiful Andaman Sea, and consists of 238 units having both Freehold and Leasehold ownerships available to our investors and buyers.

BQ Overseas entered into another joint venture development in April 2018, Utopia Maikhao (UBM), with Utopia Construction Group overseeing the Development and Construction works. Construction has commenced for this 92 Luxury Villas in the northern seaside of Phuket, with an anticipated completion in February 2021.

Frequently asked questions

Frequently asked questions about Utopia Loft
No pets are allowed at Utopia Loft unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee at Utopia Loft is ฿50 per square meter based on the size of the indoor area of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Utopia Loft the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Utopia Loft offers a guaranteed rental return of 10% (based on the purchase price of the property) for a duration of 20 Years.
Read more here.
Rawai Beach is the nearest Beach from Utopia Loft and it is 1.8 km away.

Reviews

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
There are many options for investment.
4.7 Lee Cai, China, 1 year ago
If you are looking for investment property in Phuket, I think it is a good choice. The service can be said as a very good serve as a 5-star rating, and there are many options for investment. If you do not like difficult travel, there is a free shuttle bus available to many locations (additional charges may apply). I think it's worth the long term investment, or it can be purchased as a vacation rental because it is located in a prime location close to the beach, quiet and private.

Phuket

Rawai

Neighborhood Overview of Rawai, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Utopia Loft is conveniently located just 590 m from 7-Eleven, which can be reached within 7 mins. by foot.

There are many other shops situated in the area of Utopia Loft, the 3 closest being:
- Laundry is 1.1 km away (an approx. drive of 3 mins.)
- three ground is 2.4 km away (an approx. drive of 6 mins.)
- Tuck beauty's shop is 2.2 km away (an approx. drive of 5 mins.)

The surrounding area, where Utopia Loft is situated, offers a wide variety of restaurants. See the closest of them below:
- Mikha Japanese Restaurant is 0 m away (a walk of about 1 min.)
- Soi Suanwat thai food is 220 m away (a walk of about 3 mins.)
- Daisy Homestay Phuket is 470 m away (a walk of about 6 mins.)

Rawai Health Promoting Hospital is the nearest health facility, which is 3.5 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Utopia Loft are:
- Thai Explorers Society is 1.1 km away (an approx. drive of 3 mins.)
- Rebreather Thailand is 1.2 km away (an approx. drive of 3 mins.)
- Aloha Diving - Scuba Diving in Phuket is 900 m away (about 11 mins. by foot)

Phuket International Airport is located 47.9 km from Utopia Loft and it takes about 1 hour 3 mins. by car or taxi (depending on the traffic) to get there.

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