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Utopia Central, a luxury condominium in a great deal at an affordable price; worth the investment with a guaranteed rental return. The well-proportioned room provides the best function for living. The high ceiling allows mountain and city views endlessly. The project comes with a full range of facilities from a swimming pool, a gym, a spa, a bar, a 24-hour receptionist to services at a 5-star hotel standard. Get closer to nature with a stunning, peaceful, and private atmosphere and a wealthy neighborhood, which becomes the unique combination of Phuket. Convenient location, just 15 minutes to Patong Beach, and only 10 minutes to Central Phuket, a department store for brand name products.
Project Highlights
Guaranteed return on investment with a rental income guarantee of 8% for 3 years
A condominium with services at a 5-star-hotel standard including 24-hour receptionist, 24-hour security system, room service, and shuttle bus service
Free stay at any Utopia hotel for 10 nights per year and unlimited use of the facilities of the Utopia hotels
Free shuttle service to the beach and all Utopia affiliated projects
Next to Prince of Songkla University, a famous Phuket's university
Project Information
Utopia Central Condominium is located at Mueang Chao Fa Road, Kathu, Kathu, Phuket. The project is a low-rise condominium of 8 floors high with 405 residential units on an area of 3 rai. It is a development from Utopia Development and completed in April 2020.
Room Types and Details
Studio
1 bedroom
2 bedrooms
The living area starts from 24 - 53.67 sq.m.
Facilities
Swimming pool
Fitness center
Spa
Restaurant
Bar
Meeting room
Garden
Parking
24-hours security system
24-hour reception
CCTV
Direction
To get to the project by car, start from Vichit Songkhram - Thanon Chalerm Phra Kiat Rama IX Intersection. Head northwest on Wichitsongkram Road (Route 4020) for 2.7 kilometers. When you see the intersection at Butcher Elite Beef Phuket, turn left onto Mueang Chao Fa Road (Route 4010) for 300 meters; you will find the project on the right-hand side.
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Utilising their extensive experience and knowledge on Australian design and construction, injected a sum close to 2 billion Thai Baht into the development of the properties. IPA Corp formed the Utopia Development business unit, and currently having 6 progressing projects in Phuket island.
A significant and unique benefit for our investors of Utopia Development projects, Utopia Development has sole ownership of all the land planned to be developed, and with the capital provided by IPA Corp rather than from the Thai banks, this provides the client with peace of mind of the capital ownership of the whole project entity.
In February 2016, Utopia Development, together with the island’s largest builder, Hatyai Nanthakorn (HYN), developed and completed the first project, Utopia Kata (UTK) at Kata Beach consisting of 20 serviced apartments.
Utopia Naiharn Villa and Condo (UTN) was launched in April 2016 with one of Phuket’s longstanding family construction companies, House and Home – House Care services (H&H) engaged to develop and construct the project consisting of 110 Hotel Condominiums and 9 Villas. This project was recently completed in September 2018.
In February 2017, Utopia Development again with H&H launched the third project – Utopia Loft (UTL) at Naiharn Beach, comprising of 236 luxury loft styled Hotel condominiums to complete the Utopia Naiharn Resort project. The completion of UTL is anticipated in October 2019.
The success of the UTK and UTN projects, In April 2017, Utopia Development partnered with H&H to form Utopia Construction Group. The fourth project was then released – Utopia Central (UTC) to cater for the entry level buyers. This hotel condominium consists of 405 units and is located in the Central Festival of Phuket shopping mall, Phuket town centre, hospitals and schools. With construction commenced, the estimated completion date for this project is currently at February 2020.
Due to high demands and rapid success, in July 2017, Utopia Construction Group launched Utopia Development’s fifth project, Utopia Karon (UBR) at Karon Beach, a joint venture project with BQ Overseas. This project offers stunning views of Phuket’s beautiful Andaman Sea, and consists of 238 units having both Freehold and Leasehold ownerships available to our investors and buyers.
BQ Overseas entered into another joint venture development in April 2018, Utopia Maikhao (UBM), with Utopia Construction Group overseeing the Development and Construction works. Construction has commenced for this 92 Luxury Villas in the northern seaside of Phuket, with an anticipated completion in February 2021.
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.
After you have found the right property at Utopia Central you have to follow these steps:
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%
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.
Utopia Central is conveniently located just 480 m from 7-11, which can be reached within 6 mins. by foot.
There are many other shops situated in the area of Utopia Central , the 3 closest being:
- Bussaba Ice Shop is 60 m away (about 1 min. by foot)
- Thung Thong Construction Equipment is 440 m away (about 6 mins. by foot)
- STOP FOR is 440 m away (about 6 mins. by foot)
The surrounding area, where Utopia Central is situated, offers a wide variety of restaurants. See the closest of them below:
- Friends shop in front of the university. is 70 m away (a walk of about 1 min.)
- Friends shop in front of the university. is 70 m away (a walk of about 1 min.)
- Kaw-e-mai Kao Yum Restaurant is 80 m away (a walk of about 1 min.)
Pet Hospital is the nearest health facility, which is 410 m away (you can walk there in 6 mins.) from the project, while the closest schools in the proximity of Utopia Central are:
- Environmental Quality Analysis Center, University of Phuket is 250 m away (about 3 mins. by foot)
- Computer college club room is 250 m away (about 3 mins. by foot)
- Phuket Special Education Center is 270 m away (about 4 mins. by foot)
Phuket International Airport is located 33.3 km from Utopia Central and it takes about 42 mins. by car or taxi (depending on the traffic) to get there.