Utopia Central

5 (1 Review)

Kathu, Kathu,Phuket

Unit ID: U27734
8% GUAR. RETURN FOR 3 YEARS
฿2,750,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
24 SqM Size
Floors
8 Floor
Construction
Apr 2020 Completed

Studio Condo for sale at Utopia Central

This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the Utopia Central project in Kathu, Phuket and was completed in Apr 2020. You can buy this condo for a base price of ฿2,750,000 (฿114,583/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedroom Studio
Size 24 SqM
Price per SqM ฿114,583
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Leasehold
Furniture
Available for ฿200,000
View(s) Pool View
Unit Type STU
Building N/A
CAM 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.
฿1,200/mo
Listed By
Developer
Date Listed Jun 7, 2017
Last Updated 3 months ago
Unit ID U27734

Price Analysis

Good Price
Estimated market value ฿2,806,464
Great
฿2,780,000
Good
Fair
Above
฿2,870,000
Current asking Price: ฿2,750,000
This condo is ฿56,464 BELOW MARKET (-2%) in the Phuket area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿2,750,000
CAM 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.
฿1,200/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
13
Guaranteed Rental Return
8%
Guarantee Duration
3 Years

Project Details

Project Name: Utopia Central
Construction: Completed (Apr 2020)
Floors: 8
Buildings: 2
Units: 405
Project Area: 4,800 SqM
Nearest Landmark Patong Beach - 6 Km
Location: Kathu, Kathu, Phuket
Utopia Central Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Popular Facilities at Utopia Central

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Indoor Kids Zone
    2nd Floor
  • On Site Restaurant
    2nd Floor

Available Units at Utopia Central

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Compare
Available Units at Utopia Central
฿110,417
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 7 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿110,417
Great Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 7 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿110,417
Great Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 7 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Central
฿110,417
Great Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 7 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Pool View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished Mountain View
Favorite
Compare
Available Units at Utopia Central
฿114,583
Good Price
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 8 Floor
Leasehold Unfurnished City View
Get notified when new homes are being added to Utopia Central

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon contract signing
30%
1st Installment
During Construction
20%
2nd Installment
On completion
30%
3rd Installment
On handover
20%

Frequently asked questions

No pets are allowed at Utopia Central 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 is ฿50 per square meter based on the size of indoor area of the property and is ฿1,200 for this condo. This fee has to be paid 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.
Utopia Central offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 3 Years.
Read more here.
Patong Beach is the nearest Beach from Utopia Central and it is 6 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Utopia Central you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
Down Payment
Upon contract signing
30%
1st Installment
During Construction
20%
2nd Installment
On completion
30%
3rd Installment
On handover
20%

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo for investing
5 Lars Moman, Sweden, 1 year ago
I bought a studio room in this condo, and I think it is worth investing. I got it at a very good deal and expected that the price would be higher in the future. So far, I bought to rent it out as they guarantee an 8% rental income for 5 years, and there are also many other benefits you will get from this property. Inside the room is divided into good proportions with furniture provided. The materials used to decorate the rooms are quite good, overlooking the mountains and the city views. There are full facilities, including the large swimming pool, gym, restaurant, bar, receptions for 24 hours. Oh, there is room service and the shuttle bus to the beaches as well. About the location, it is good here. It is quite close to many facilities such as Prince of Songkla University, and Central Festival Phuket is just 10 minutes drive away.

Phuket

Kathu

Neighborhood Overview

Location and Neighborhood

Street View

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