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Splendid Condominium – Kata

Property ID: 1860
Phuket,
Thailand
£130,000
  • 429
  • 0
  • 2 Bedrooms
  • 1 Bathroom
  • 53.2 sq m
Kinney Smith
Kinney Smith
Contact Agent

Description

Splendid Condominium – Kata

Splendid Condominium is a new, super-deluxe, project in the highly desirable Kata Beach area of Phuket. The project is highly exclusive as it consists of just 13 bespoke residences spread across two low-rise buildings, each of only three storeys.  Despite the fact that this is a low-rise project, Splendid Condominium is located high on a hillside in one of Phuket’s most exclusive areas, which means that there are views over the blue waters of the Andaman Sea even from the apartments on the lower floors.

Living at Splendid Condo is a uniquely luxurious lifestyle, where every day is a tranquil experience cocooned in a high-end community of homes individually designed to celebrate the moods of the Andaman Sea.  Every residence at Splendid Condo comes furnished in an aquatic theme and gives an unobstructed sea view that is best appreciated while soaking in the Jacuzzi tub on your private balcony or rooftop vantage hangout.  Splendid Condominium features practical and durable designs of the highest quality, with the best materials to make beautiful homes built to last a lifetime.

The remaining apartments at Splendid Condominium are all two-bedroom/one-bathroom apartments which range is size from 53.2 to 61.2m2.  However, the project is designed in such a way as to provide many options for buyers who wish to purchase larger units.  The three penthouse apartments all come with options to purchase private roof terraces.  For an additional payment of THB 600,000, purchasers have the option of adding their very own private rooftop swimming pool to their apartments for the ultimate in private luxury.

For those without their own private pool, the development also offers a communal pool, plus a fully-equipped fitness centre.  The project also offers covered parking and 24/7 security.

Splendid Condominium is also an ideal choice for anyone looking to buy as an investment rather than as a home for themselves as the developers offer two different rental programmes on all apartments in the project.  The first option is to enroll in the Guaranteed Rental Programme, which offers a fixed return of 7% for a period of three years.  Alternatively, owners could choose the revenue share option.  This does not provide a guarantee, but investors in this programme receive 65% of all income generated from rentals here.  Both programmes also offer owners the option of personal use of their own apartment.  Those enrolling in the Guaranteed Rental Programme can occupy their apartments for up to four weeks during the May to October period, while those in the revenue share programme have no restrictions and can stay in their own apartments at any time of the year for as long as they wish.

With Kata being such a highly-desirable location in Phuket and sea view units being in such high demand and low supply, prices at Splendid Condominium are highly affordable.  Prices on this development will be increasing constantly throughout the build period and so anyone wishing to purchase at this highly exclusive project are advised to not delay in taking advantage of this excellent offer.

 Type m2   Price/THB    Start Date       Feb-2017
 Two-Bed – Min     53.2     5,806,500 Closing Costs              1%
 Two-Bed – Max     61.2    11,333,700 Payment Plan
Reservation Fee    THB 150,000
Deposit Payment             35%
Interim Payments             60%
Handover              5%

Amenities

24 Hour Security
Roof Terrace
Fully Furnished
Private Parking
Air Conditioning

Key Features

No additional information.

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