Kata Residence – Phuket
Kata Residence is an excellent opportunity for an investor to purchase the property at a reduced price. The residence has great potential for an investor who wishes to spend time working up the investment’s enhanced value after purchasing the holding.
The property comprises of a building of 2,200 m2 and land of 400m2. Included in the sale are the building, Penthouse (300m2), Pool (150m2), Restaurant & Gift Shop (200m2), Car parking (140m2), the management company and 2 flats (60 m2 each) for 16 million baht or nearest offer.
The apartments consist of :
- 16 studios x 1 bedrooms (60m2 each)
- 2 bedrooms x 2 (110m2 each)
- 1 Penthouse (300 m2 each)
- Total 19 apartments
15 apartments are sold to overseas buyers on 30 year leases. The penthouse and 2 apartments mentioned above are with vacant possession and 1 apartment is sold to a Thai.
An initial study is produced and displayed below from information supplied locally. The information has not been verified by us but clearly demonstrates a very healthy return on the initial investment.
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