PHUKET PROPERTY REVIEW: Splendid Condominium is the latest resort-style residential development to be launched in Kata by local developer Kata Sea View Villa Co., Ltd.
Splendid Condominium’s hillside location is a beach lifestyle residence with a stunning sea view built to high international standards for luxury living with peace and privacy just one kilometre from Kata Beach.
Priced from Bt 4.85mn, this exclusive collection is a resort-style arrangement of just 13 freehold residential units offering studio units, spacious duplexes and a penthouse suite, each with fitted designer furniture and a sea view, in two main buildings.
The refreshing coral island theme, management services and facilities are aimed at investors in holiday homes and buyers looking for small investments with generous rental returns.
The first building comprises 10 units in total, comprising three 1-bedroom studios measuring 53.67sqm; six 3-bedroom units measuring 59sqm; and one duplex covering 151.8sqm, including a rooftop garden and private swimming pool.
The Second building has just three units in total: two 2-bedroom suites, each with an area of 92.18sqm, and a Penthouse suite with roof top garden and private pool covering 197.7sqm in total.
Developer Kata Sea View Villa has a ten-year track record following the success their signature project of freehold residential units with management services for residents and investors, Kata Hill Residence.
“Kata is an up-market area of Phuket with excellent growth potential and the benefit of being close to Kata and Karon beaches as well as some of Phuket’s other popular beaches, such as Patong, Naiharn and Rawai beaches. Plus, the location is within easy reach of Phuket Town a short drive away,” said Managing Director George Khanal.
“Splendid Condominium will appeal to investors in holiday homes offering privacy and tranquility with a high-end view while being close to one of Phuket’s most popular tourist destinations, offering an eclectic mix of dining, leisure and entertainment choices for all tastes,” said George.
Splendid Condominium offers investors peace of mind with well established hospitality and property management services, which are highly rated by travel agents such as booking.com, attracting high quality visitors and offering reliable rental returns for investors with a six per cent guaranteed rental return for the first three years.
“We are also very competitively priced and are currently offering a 20% discount for investors who buy before construction is completed at the end of 2016. For those who are interested the 2-bedroom demonstration unit is already open for viewing,” said George.
One of the most attractive aspects of these freehold properties is a beautiful sea view from each of the residences, and from the communal swimming pool. Other conveniences include a club-house, reception, fitness room, parking and 24-hr security.
“Our goal is to make Splendid Condominium an ideal investment for anyone who enjoys peace and quiet with an exceptional sea view as well as being a freehold investment opportunity for expats living in South East Asia, who enjoy holidaying in Phuket and want to own a permanent residence here.
All Splendid Condominium units will be ready to move in with a fitted kitchen. However, there is plenty of space left over for buyers who prefer to decorate according to their own taste, and we also offer a furniture package to make things easier as well.
Construction of Splendid is scheduled to begin in October and expected to be completed by March 2017.
Tel: +66 (0) 86 321 4999.