Modern 1 BR Apartment in Kata Beach

This modern 1-Bedroom Apartment is part of a new residential developement in the heart of Kata village, on the West coast of Phuket island.

The design of buildings and apartments is made in a contemporary style with only high quality materials. Everything is done to ensure that the subsequent operation is comfortable for living and highly efficient for investment.

All apartments are equipped with a full set of furniture, necessary appliances, bed lines and bathroom accessories. Apartments are ready to receive guests from the first day after agreement.

Advantages of the project

• Location – 500 meters away from the beach, developed area facilities
• Unique conception – more than 380 apartments, kids park, rooftop gardens
• Completed buildings and 2 more buildings under construction
• Rental program with 56% ROI – 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 discounted accommodation in company residences
• Leasehold or Freehold ownership

56% Rental Income

Rental program and apartment management in the residence 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.

Buyback Agreement

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).