Utopia Central - Compact Studio Condominiums in Phuket

PhuketReady to move in
Unit size
24 m²
Bedrooms
0
Type
Condo
Completion
Dec 2021

Description

Utopia Central is a completed condominium project in Phuket comprising nine studio units, each measuring 24 m². The building was delivered in late 2021 and represents a boutique-scale residential option in the island's condominium inventory. All units share an identical floor plan, creating a uniform offering suited to buyers seeking a simple, compact footprint.

Under Thai condominium law, up to 49 percent of a project's registrable area may be sold to foreign nationals as freehold property, with ownership recorded directly in the buyer's name at the Land Department. Utopia Central's small unit count means availability within the foreign quota is limited and should be verified individually with the developer or listing agent at the point of inquiry.

The project provides a swimming pool and a shuttle service, both practical amenities for residents without private vehicles or those prioritizing convenience in daily mobility. The shuttle typically connects residents to nearby commercial zones, beaches or transport hubs, though the exact routes and schedules are project-specific and should be confirmed during due diligence.

Given the 24 m² studio layout, each unit is configured as a single open-plan living space with an integrated sleeping area, kitchenette and bathroom. This configuration suits solo occupants, couples seeking a minimal island base, or investors targeting short-term rental demand from budget-conscious travellers and digital nomads. Phuket's studio segment has historically attracted both personal-use buyers maintaining a seasonal residence and those pursuing rental income through daily or monthly lets.

Buyers considering rental strategies should research the building's juristic-person rules on short-term leasing, occupancy caps and any owner-use restrictions that may apply. Completion status means units are immediately available for registration, renovation or occupancy, eliminating construction risk and timeline uncertainty.

Utopia Central suits purchasers who prioritize freehold title, readiness and a low total outlay over larger living areas or extensive on-site facilities. As with any resale or ready condominium, prospective buyers should verify the remaining foreign quota balance, review the project's common-area financial statements and inspect the actual unit condition before committing funds.

About the units

Unit sizes24 m²
Bedrooms0
Price per m²฿65,000
Total units40
Available units21
Unit typeAreaPrice fromAvailable
Studio24 m²฿1,560,00021

Rental ROI calculator

Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.

7.4%
75%
Monthly income (net)
฿7,210
Annual income (net)
฿86,580
Net yield / year
5.6%
Payback period
18.0 yrs

Indicative model, not a guarantee of income. Net figures assume ~25% of gross income goes to management and upkeep; the yield estimate is normalised to 75% occupancy. Rental income, taxes and fees must be confirmed per project before purchase.

About the project

Property typeCondo
StageReady to move in
CompletionDec 2021
Total units40
Available units21
AreaPhuket

Amenities

PoolShuttle service

Location

Phuket

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