Utopia Central (UTC)
Utopia Development (CHI-ENG), Utopia Development (RUS-ENG)
- Project Name Utopia Central
- Project Code UTC
- Starting Price (THB) 2,250,000
- Size (sqm) 24 – 53.67
- Ceiling Height 2.4m
- Total Project Area (rai) 3
- Completion Date Apr-20
- Total Units 405
- Rental Program up to 8%
The complex, 15 mins’ drive from Patong Beach, with large public areas, including a large swimming pool, gym with its own separate pool, restaurant, entertainment facilities and ample parking space. The units are well designed, with living spaces cut to fit the economical floor space optimally.
Located in the heart of Kathu, the 1 and 2-bedroomed condominiums make for an attractive investment. October 2019 will see the completion of 405 units of 24 – 53 sqm, with floor-to-ceiling windows revealing mountain and city views, two pools, a spa, gym, restaurant & bar and conference room. It is Utopia’s budget project, catering for first-time investors in Phuket who value convenience, proximity to shopping malls and outdoor leisure.
Guaranteed Return on Investment
The total number of visitors to Thailand has grown rapidly over the past 20 years, from around 8 million arrivals in 1998 to an estimated 35 million in 2017. For 2018 the Tourism Authority of Thailand (TAT) forecasts Bt3.1 trillion (US$ 9.1 billion) in tourism revenue, according to Governor Yuthasak Supasorn.
Utopia’s chain of property developments in Phuket offers excellent opportunities to invest in this lucrative market, with return on investment opportunities through guaranteed rental returns. We guarantee a fixed annual income of up to 8%, returning your investment every year from 1 to 20 years. The Utopia Central 8-floor complex is spread over 3 Rai of land right next to Prince of Songkla University’s Phuket campus which, coupled with its competitive price positioning, makes it an elegant investment choice for any newcomers to the property market.
Parents who wish to invest in property for their university-going children and young couples with school-going children should also consider this unique opportunity to step into Phulet’s property market. Two of Phuket’s top schools – HeadStart International School and Kajonkiet International School – are both within 5 minute drive.
Utopia Central is located only 3 km from Central Festival, one of Phuket’s largest shopping centers. It’s also in close proximity to other large shops and convenience stores, such as Tesco Lotus, Big C Supercenter and Siam Makro. Siriroj International Hospital is 5 minutes away and is located on one of Phuket’s main business arteries, where many world-class brands have outlets. Phuket’s renowned Central Festival Shopping Center, Index Living Mall, BMW, Hyundai, IKEA and many others are all present in the area, making shopping elsewhere for anything, from household décor and appliances to motorcars, unnecessary.
The area surrounding the Utopia Central development is rich in natural beauty, parks, country clubs and golf courses. Three of Phuket’s top golf courses can be found here – the Loch Palm and Red Mountain Golf Clubs, and the Phuket Country Club. Beside the Country Club’s 18th hole is the Bang Wad Dam, a lake and Phuket’s largest source of fresh water. Also in the vicinity is the Phuket Aquapark and, further out, the Jungle Bungy Jump and Flying Hanuman jungle ziplines for outdoor leisure seekers.
Facilities, Services and Benefits
Our business plan is unique in that all our projects are all form part of a condominium hotel chain in Phuket. Once developed and sold, we continue to service and maintain the property as a 5-star hotel, so investors don’t have the headaches and expenses that usually come with property maintenance. They can also enjoy the benefits of 24-hour security, 24-hour reception, room services and transport that would be expected of any world-class hotel.
- Rental Income: Our 1 to 20 years selective rental agreement generates a guaranteed 8% fixed annual income for the investor with the option of 5-year buy back program for the investor.
- Free holidays: 10 nights of free stay per year at any Utopia Hotel. Use any of the facilities at any Utopia Hotel – spend your holiday in a Utopia Naiharn Condo while using the gym facilities at Kata or the pool and restaurant in Karon.
- Free transport: Utopia offers a free beach shuttle bus service as well as connecting shuttle service between all our projects in Phuket.