VIP Kata Condominium 2

4.5 (2 Reviews)

Karon, Phuket Town,Phuket

Unit ID: U85390
7% GUAR. RETURN FOR 8 YEARS
฿4,510,000 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
30.48 SqM Size
Floors
5 Floor
Construction
May 2020 Completed

Studio Condo for sale at VIP Kata Condominium 2

This property is a 30.48 SqM studio condo with 1 bathroom that is available for sale. It is part of the VIP Kata Condominium 2 project in Karon, Phuket and was completed in May 2020. You can buy this condo for a base price of ฿4,510,000 (฿147,966/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom Studio
Size 30.48 SqM
Price per SqM ฿147,966
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
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Blocked View
Unit Type D
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.
฿1,829/mo
Listed By
Developer
Date Listed Sep 18, 2018
Last Updated 1 month ago
Unit ID U85390

Price Analysis

Good Price
Estimated market value ฿4,572,598
Great
฿4,450,000
Good
Fair
Above
฿4,860,000
Current asking Price: ฿4,510,000
This condo is ฿62,598 BELOW MARKET (-1%) 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
฿4,510,000
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.
฿1,829/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.
15
Guaranteed Rental Return
7%
Guarantee Duration
8 Years

Project Details

Project Name: VIP Kata Condominium 2
Developer: Phuket9 Co., Ltd.
Construction: Completed (May 2020)
Floors: 8
Buildings: 2
Units: 388
Project Area: 2,000 SqM
Nearest Landmark Kata Beach - 0.4 Km
Location: Karon, Phuket Town, Phuket
VIP Kata Condominium 2 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at VIP Kata Condominium 2

  • Communal Pool
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at VIP Kata Condominium 2

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Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
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Available Units at VIP Kata Condominium 2
฿140,508
Good Price
Beds 1 Beds
Baths 1 Baths
Size 34.66 SqM Size
Floor 2 Floor
Leasehold Fully Furnished
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Available Units at VIP Kata Condominium 2
฿151,575
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 6 Floor
Leasehold Fully Furnished
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Available Units at VIP Kata Condominium 2
฿149,163
Beds 1 Beds
Baths 1 Baths
Size 34.66 SqM Size
Floor 1 Floor
Leasehold Fully Furnished
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Available Units at VIP Kata Condominium 2
฿144,179
Good Price
Beds 1 Beds
Baths 1 Baths
Size 44.32 SqM Size
Floor 4 Floor
Leasehold Fully Furnished City View
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Available Units at VIP Kata Condominium 2
฿147,966
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 5 Floor
Leasehold Fully Furnished
Favorite
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Available Units at VIP Kata Condominium 2
฿157,808
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
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Available Units at VIP Kata Condominium 2
฿157,458
Beds 1 Beds
Baths 1 Baths
Size 45.79 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
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Compare
Available Units at VIP Kata Condominium 2
฿153,207
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30.09 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿147,966
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 5 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿157,458
Beds 1 Beds
Baths 1 Baths
Size 45.79 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿151,575
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 6 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿143,044
Beds 1 Beds
Baths 1 Baths
Size 45.79 SqM Size
Floor 2 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿153,801
Beds 1 Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Pool View
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Compare
Available Units at VIP Kata Condominium 2
฿157,505
Beds 1 Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿147,953
Good Price
Beds 1 Beds
Baths 1 Baths
Size 51.30 SqM Size
Floor 3 Floor
Leasehold Fully Furnished Pool View
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Available Units at VIP Kata Condominium 2
฿157,352
Beds 1 Beds
Baths 1 Baths
Size 34.89 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿158,396
Beds 1 Beds
Baths 1 Baths
Size 34.66 SqM Size
Floor 5 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿147,966
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 5 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿151,575
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 6 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿151,575
Good Price
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 6 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿151,247
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 4 Floor
Leasehold Fully Furnished Pool View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿172,822
Beds 1 Beds
Baths 1 Baths
Size 34.66 SqM Size
Floor 8 Floor
Leasehold Fully Furnished Mountain View
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Favorite
Compare
Available Units at VIP Kata Condominium 2
฿155,184
Beds Studio Beds
Baths 1 Baths
Size 30.48 SqM Size
Floor 7 Floor
Leasehold Fully Furnished
Get notified when new homes are being added to VIP Kata Condominium 2

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Foundation works done
20%
3rd Installment
Building structure completed
20%
4th Installment
Completion of the walls
20%
5th Installment
Completion of interior and ownership
20%

Frequently asked questions

No pets are allowed at VIP Kata Condominium 2 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 ฿60 per square meter based on the size of indoor area of the property and is ฿1,829 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.
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 VIP Kata Condominium 2 the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
VIP Kata Condominium 2 offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 8 Years.
Read more here.
Kata Beach is the nearest Beach from VIP Kata Condominium 2 and it is 0.4 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 VIP Kata Condominium 2 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
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
Foundation works done
20%
3rd Installment
Building structure completed
20%
4th Installment
Completion of the walls
20%
5th Installment
Completion of interior and ownership
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

Do you own a property at VIP Kata Condominium 2?

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Reviews

4.5 out of 5 4.5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New condo in the tourist attraction
4 Josh Digman, United States, 1 year ago
This condo is such a relaxing place. It is a beautiful condominium with complete facilities. The rooms that I rented are neatly decorated, providing quality furniture and the living spaces in zones; this size is suitable for a one-bedroom unit. Moreover, this condominium is also close to the beach, like Kata Beach, only 800 meters. It is also convenient transportation because the project is located in the tourist area. It is a very good vacation trip. Get to know many people as well.
Excellent location, near 3 beaches
5 Jimmy Kolstad, Norway, 1 year ago
This condo is one of the best places to stay in Phuket. It is located in a great location close to 3 beaches (Kata, Karon, and Patong), a 5-minute walk to Kata Beach. For me, I like Kata the most because it's quiet and not crowded. The project has different types of rooms with various sizes, depending on the resident's needs. Rooms are sold fully-furnished with a full set of furniture and imported products from leading brands. They are decorated beautifully, so luxurious and modern. There is also a common area within the condo that covers the residents. There are five swimming pools, a rooftop garden, a restaurant, and hotel-style services, making it convenient for both residents and administrators. The project's neighborhood is full equipped with amenities such as international restaurants, bars, and shops. The tourists will definitely be satisfied with it. I think the investment here is worthwhile and will pay me off in the long term. The developer of the project is a big company, successful in many projects. This gives me more confidence that I can gain profits as they claimed.

Phuket

Karon

Neighborhood Overview

Location and Neighborhood

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Projects Nearby VIP Kata Condominium 2

Location
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Phuket Town, Phuket, Thailand
Number of units
209
Sales Prices
฿5.13M - ฿15M
▼ -2.2% underpriced
Monthly Rentals
N/A
Year Built
Dec 2018
Completion Status
Completed
Location
Phuket Town, Phuket, Thailand
Number of units
352
Sales Prices
฿4.8M - ฿11.9M
▲ 16% overpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Project Name
Ozone Condotel
Location
Phuket Town, Phuket, Thailand
Number of units
145
Sales Prices
฿2.68M - ฿4.5M
▲ 3.2% overpriced
Monthly Rentals
฿20K - ฿25K
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Completion Status
Completed
Location
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Number of units
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▼ -3.4% underpriced
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฿22.5M - ฿42.6M
▼ -5.4% underpriced
Monthly Rentals
N/A
Year Built
Oct 2014
Completion Status
Completed
Project Name
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Location
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Number of units
19
Sales Prices
฿2.85M
Monthly Rentals
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Year Built
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Completion Status
Completed
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Wyndham Aroma
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Phuket Town, Phuket, Thailand
Number of units
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Year Built
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Sales Prices
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Year Built
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Completion Status
Completed
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Phuket Town, Phuket, Thailand
Number of units
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Sales Prices
฿15.5M - ฿26.5M
▲ 11% overpriced
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N/A
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Completed
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