Utopia Karon - Investment Condo with 8% Guaranteed Rental Return

• Rental Program: 8% for 3 years, after rental Pool with 70/30% Split. First Rental paid after one year of Hospitality Operation.
• Free Stay: 20 nights at any Utopia Residence, 5 nights during high season.
• Completion day 31 Aug 2021.

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.

The Development

Located on top of a prime hill, 7 rai, site offering sea and mountain views, the condominium 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 points in Karon. The 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 a jacuzzi.

The 2-bedroom units flow over double that space, offering two en suite bedrooms, a separate dining room, and terrace with a jacuzzi.

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.