Project Overview
Sudara is a luxurious condominium resort complex spread over approximately 35,000 square meters (21-3-7.9 Rai) near the scenic Bangtao Beach in Phuket. The six-kilometer stretch of beach offers ideal conditions for relaxation. The project will be developed in two phases: Sudara Phase 1 and Sudara Phase 2. Phase 1 covers about 15,800 square meters (9-3-50 Rai).
Accommodation Details
Phase 1 includes:
- Buildings: Three low-rise condominium buildings.
- Units: 220 units (1-, 2-, and 3-bedroom apartments).
- Sizes: Apartments range from 52 to 144 square meters.
- Construction Timeline: Begins after approval, with completion in 24 months.
- Warranties: 5 years for structural elements, 2 years for non-structural elements.
Purchase and Customization
Inclusions: Fully equipped apartments with built-in closets, kitchen cabinets, and a kitchenette. Additional furniture packages are available for purchase.
Customization: No external or structural modifications are allowed.
Legal and Ownership Matters
Ownership Options: Full ownership for Thai and foreign buyers (up to 49% of the area). Renewable lease (30 years) for the remaining 51%.
Financing and Privileges
Financing: Options available through banks and financial advisors.
Privileges: Access to concierge services, discounts at SILK restaurant, and Andara Resort & Villas spa.
Property Management
ARV Management: Includes maintenance, cleaning, gardening, etc. Management of common areas like security, internet, and garbage disposal.
Payments: Owners contribute to the general maintenance and infrastructure upkeep.
Rental Program
Rental Opportunities: Owners can participate in the Sudara rental program or rent out apartments directly. Expected yield is 7-8%, with a 15% revenue share for Sudara Rentals.
Services and Taxes: Renters cover utilities; owners pay based on consumption. Rental income for non-residents is taxed at 15%, and for residents at 5%.
Pet Policy
Pets: Not allowed.
Summary
Sudara combines luxury, convenience, and an excellent location, making it attractive for both investment and living.
