Flat in Phuket. City - Phuket
ID PH5597
Description:
Karon District is a unique place. Here, in perfect harmony, you will find restaurants, bars, shops, massage salons, tourist attractions, markets, food courts, and beauty salons. The main advantage of this place over other areas in Phuket is its compactness.
A new project with modern and sophisticated design is located on Karon Beach, just 600 meters from the beach.
This large complex comes with developed infrastructure. Guests can enjoy restaurants, lobby, Thai fitness center, children's park, and rooftop pool.
- Best location in Karon District
- Full package of furniture and equipment included in the price
- Experienced developer
- Highest rental income
- Buyback option by the developer
- High-quality construction
Completion of construction in December 2021
Description:
VIP Karon is a new project by the renowned developer Phuket 9, known in Phuket and beyond. The condominium project consists of 122 units on 8 floors. The project features a modern, ergonomic design, with 95% of all units having sea views, and a good balance of price and quality - all furniture and appliances are included in the price.
Infrastructure:
The property will have a communal pool, fitness center, and 24-hour security.
Nearby Amenities:
The condominium is located right in the heart of beautiful Karon. Karon is the second longest beach on the island of Phuket, stretching 3 kilometers. Known for its deep blue sea, white sandy beach, and tranquility compared to Patong Beach. Karon Beach is situated in the south of Phuket, making it easy to reach Patong and Rawai beaches. It is close to many tourist attractions and vibrant nightclubs of Phuket, ensuring unforgettable holiday experiences.
Who is it for:
The project is ideal for those investing in overseas real estate. The developer offers entry into a guaranteed rental program with a 7% annual return for 5 years! After the program ends, the option of a buyback at 100% of the initial cost is available. The project is also suitable for those buying property for personal use.
House Features:
Appliances:
Amenities:
Included in the Price:
Additional Costs:
In Thailand a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Phuket; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Thailand finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Thailand takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Phuket short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (127 153 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Phuket: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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