How to invest in residential real estate in Phuket with guaranteed income?

Real estate investments

Investing in real estate with a predetermined exit date and a guaranteed return of 56% over eight years attracts the attention of many. The company Phuket9 has announced the launch of a buyback program for apartments as part of the Vip Kata Condominium project.

Project development

The opening of the first two buildings in this complex took place in July 2018. Immediately after that, in August 2018, the implementation of the second phase began, which includes the construction of two more buildings offering 209 residential units, as well as two outdoor pools, green areas on the roof, restaurants, and a children's club.

Sales statistics

By March 2019, the foundation work for the new buildings had been successfully completed, and more than half of the available apartments had already found their owners. Since March 2019, Phuket9 has started offering a buyback option for apartments purchased under leasing conditions. This program is available for a limited number of properties.

Potential profit

• Potential rental incomeis 56%;
• Rental and management programThe apartments in Vip Kata Condominium are developed over a period of eight years with an annual interest rate of 7%.
• Rental paymentsare subject to taxation in the form of value-added tax, which is deducted from the total income.

Upon the completion of the rental, it is possible to discuss the terms of continuation or their revision.

Earning from the first days

Investors purchasing property in the newly constructed buildings of the Vip Kata complex start earning on their investments from the moment of full payment, even while the construction work is still ongoing. Thus, if a client decides to pay the entire amount upfront, their capital will begin to generate income as soon as the funds are credited to the company's account.

Contracts and obligations

When concluding a deal for the purchase of an apartment, an agreement for the buyback of the apartment by the developer is also signed simultaneously. This is done at the client's request. The buyback will take place at the end of the rental period in eight years, allowing the owner to receive a 56% profit (with a yield of 7% per year) and to plan their exit from the investment in advance with a full return of the invested funds.

It should be emphasized that signing a buyback agreement implies an obligation to sell the apartment back to the developer. However, if after the lease ends the owner intends to sell their apartment on the market or continue renting it to the developer, a buyback agreement is not required.

Conclusion

Thus, this offer creates a unique opportunity for investors to optimally utilize their funds in real estate in Phuket, establishing favorable conditions for long-term investment and capital recovery.

To become the owner of a property in the Vip Kata condominium, whether ready or still under construction, you need to contact the sales office of Phuket9 for detailed information. After submitting your request, you will receive an updated price list, apartment plans, and floor layouts, as well as complete information about the booking process and payment methods, including sample contracts with translations for remote review.

Current offers in Phuket

As of today, there are 261 listings for apartment sales in Phuket, with prices starting at $147,000. The complex falls into the category of new elite properties and features a well-developed infrastructure, located within walking distance of Bang Tao Beach. The expected completion date for construction is planned for 2026, with a total of 789 apartments available, and the minimum price starting from $182,000.

Exclusive complexes

An equally attractive option is an exclusive residential complex located in close proximity to Bang Tao Beach, with completion scheduled for 2025. This complex will feature 400 apartments, with prices starting at $173,000 each.

Conclusion

In conclusion, it is important to emphasize the attractiveness of the investment offers provided by Phuket9. With a return of 56% over eight years and the option for a buyback of apartments, the Vip Kata condominium project presents an interesting opportunity for those looking to invest profitably in real estate in Phuket.

I have personally experienced that real estate in this area is becoming increasingly sought after, and the proposed rental and property management conditions allow investors to start earning income from the very first day after fully paying for the apartment.

Advantages of investments

• Long-term rental program:the opportunity to earn income without any extra hassle.
• Flexibility:The conditions for owners and tenants allow for easy adaptation to changes in the market.
• Growth prospects:Real estate in Phuket is becoming increasingly in demand.

It's important to remember that the final decision to purchase should be based on a detailed analysis of the real estate market and personal financial priorities. I recommend contacting the Phuket9 sales office for more detailed information about the available apartments, current prices, and layouts.

Investing in real estate in Phuket

Investing in housing in Phuket can not only be a financially beneficial move but also a step towards owning a piece of this beautiful corner of the world. Considering all the advantages of such offers, I am convinced that the relevance and attractiveness of real estate investments in Phuket will only continue to grow.

Thus, investors have the opportunity not only to preserve but also to grow their funds in a dynamically developing market. Don't miss the chance to be part of this exciting project!