VIP Kata Condominium is a new residential developement located in the heart of Kata village, only 500 meters from the beach, on the West coast of Phuket island.
The Project is built by a leading developer with 15 years of experience in construction and management of profitable real estate in the island, and designed by Phuket’s leading architects and one of the top Chinese designer for the second Phase.
The complex features more than 380 apartments in 5 buildings, 4 large shared swimming pools, 3 restaurants, a kids club, a gym, a spa and rooftop gardens.
VIP Kata project is ideal as investment and is a very successful development. Only a few units left, chedule a visit today before it all gone!
VIP Kata Condominium is a family project in the heart of Kata village. The concept of family hotels for the developer was successfully implemented in their first project in Rawai, where was built the unique children’s park Rawai Park in the island.
General areas of the project are given special attention. Parks and restaurants have been designed on the roofs and upper floors of the buildings, spacious halls, sports halls and common swimming pools around the buildings and on the roofs.
Family Residence with 4 star services
500 meters from beach, 10 minutes by walk
Unique project concept, kids park, roof gardens
Shared pools, restaurants, fitness, gym, kids club
Completed buildings and 2 more buildings under construction
Rental program with 56% ROI (7% per year for 8 years)
Instant income already during construction works
Unit buyback option for fixed investment exit
Furniture and decoration packages are included in the price
Bonuses for customers like discounts in company residence
The first phase of the project was sold at 70% within three months only. The sales of the second phase began early 2018 and is very popular for investors.
For the second phase of this project the Developer invited one of the top Chinese designer companies who rethought the units layouts and added fresh and modern look to the new buildings.
The developer offers now an option of repurchasing apartments registered under leasehold, available only for a limited amount of apartments.
56% Rental Income
Rental program and apartment management in VIP KATA Condominium operates for 8 years and brings 7% income per annum to a customer.
Value-added tax is deducted from rental income. At the end of a rental program agreement further cooperation or agreement extension is discussed on a case-by-case basis.
Instant Rental Income
If customer purchases an apartment in new buildings of VIP KATA Condominium, he/she has an opportunity to receive income starting the next day after full advanced payment is done, even before construction is completed. In other words, if a customer decides to make a full advanced payment, his/her investment will bring income instantly after the payment is transferred to a company account.
Agreement of buyback by a developer is signed together with a unit purchase agreement of VIP KATA Condominium. This agreement is signed by a customer optionally.
Unit may be bought-out by a developer at the end of a rental program (after 8 years). A customer has an opportunity to get 56% (7% per annum) rental return and plan investment exit with 100% unit price return.