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The Heights Phuket – Luxury 2-Bedroom Condo with Sea View | Kata Beach

25,000,000 ฿

Overview

Villa
Property Type

2
Bedrooms

2
Bathrooms

219 m2
Area Size

2019
Year of construction

Description

Phuket – Kata Beach | Exceptional 219 m² apartment, fully renovated, sold with tenant in place until August 2027

Located within the upscale The Heights Phuket residence in Kata , this exceptional 219 m² apartment offers a particularly rare combination on the Phuket real estate market: large volumes, panoramic sea and mountain views, complete renovation and immediately existing rental income.

The property spans 219 m² on a single level and offers 2 very large bedrooms, 2 bathrooms , a spacious living/dining area, a contemporary Western kitchen and a large terrace opening onto the landscapes of Kata.

Completely renovated in 2019 , the apartment boasts a modern and elegant presentation, with new floors, upgraded electrical installation, a completely redesigned Western kitchen and a spectacular master bathroom inspired by a real private spa.

For an investor, the property also has a significant advantage: it is currently rented for 150,000 THB per month under a lease running until August 2027.

The property is offered for sale at a price of 25,000,000 THB , representing a current gross rental yield of 7,2% per annum.

Main Features

Residence	The Heights Phuket
Localisation	Phuket – Kata Beach
Property type	High-end residential condominium
Living space	219m²
Configuration	Apartment entirely on one level
Bedrooms	2
Bathrooms	2
Ceiling height	2,85 meters
View	Panoramic sea and mountains
Terrace	Large panoramic outdoor terrace
Initial construction	2009
Complete renovation	2019
Furniture	Fully furnished – Turnkey
Current detention structure	Thai Company Freehold
Current occupation	Tenant in place until August 2027
Current rent	7,000 THB / month
Selling price	25 000 000 THB
Indicative price per m²	Around 100,400 THB / m²

219 m² – Spaces that have become rare in Phuket

With 219 m² of living space and only two bedrooms, this property belongs to a very different category from the recent condominiums generally offered in Phuket.

The spacious layout allows for a greater sense of home than a traditional apartment, while retaining the advantages of a secure residence.

Very large living room
Large dining room
Open Western Kitchen
2 particularly spacious bedrooms
2 large bathrooms
Large circulation areas
Numerous storage
Large panoramic terrace

The ceiling height of 2,85 meters further enhances this feeling of spaciousness.

A Complete & High-End Renovation

Originally built in 2009, the property underwent a complete renovation in 2019.

The work focused in particular on:

New floor coverings
Electrical installation upgrade
New Western Cuisine
Complete modernization of interior spaces
New master bathroom
Contemporary furniture
Overall improvement in the finish

The aim of the renovation was to preserve the particularly generous volumes of the apartment while giving it a more contemporary aesthetic adapted to current standards.

Indoor-Outdoor Living with a View of Kata

The open design is one of the property's main strengths.

The kitchen, dining room and living room flow together naturally before opening onto the large outdoor terrace.

This organization allows you to fully enjoy Phuket's tropical climate and the unobstructed view of the sea and surrounding hills.

Large openings to the outside
Panoramic view
Terrace suitable for outdoor dining
lounge area
Possibility to receive family and friends
Ideal environment to enjoy Kata's sunsets

A Large Panoramic Terrace

The terrace is a true extension of the interior spaces and represents one of the most attractive elements of the apartment.

Its dimensions allow for the creation of several zones:

Outdoor dining table
Outdoor lounge
Relaxation area
Vegetated area
Space to enjoy the views and sunsets

The combination of sea and mountain views creates a particularly pleasant atmosphere, both during the day and in the evening.

Western-style kitchen with central island

The kitchen was completely redesigned during the 2019 renovation.

It adopts a truly Western format, with a large central island allowing for cooking, entertaining or having an informal meal.

Large central island
Integrated seating
Numerous work surfaces
Storage
Complete range of household appliances
Cooking tools
Dishes included

The property is therefore offered in a fully ready-to-use configuration.

Master Suite with Sea View

The master bedroom was designed as a true private suite.

It benefits from an unobstructed view of the sea and direct access to the terrace.

The main bathroom is one of the most spectacular elements of the renovation.

Large master suite
Panoramic sea view
Direct access to the balcony
Freestanding stone bathtub
Large rain shower
Wet room area
Double basin
Contemporary finishes

The whole thing gives more the impression of a high-end hotel suite than a traditional condominium room.

A Second Bedroom of Exceptional Size

The second bedroom also benefits from particularly generous dimensions.

It currently allows for the simultaneous accommodation of a king-size bed and a single bed , while maintaining comfortable circulation.

Very large area
Flexible configuration
King-size bed
Extra single bed
Dedicated bathroom
Modern wet-room shower

This room is therefore suitable for both a family with children and guests.

Fully Furnished & Ready to Move In

The property is sold fully furnished and equipped.

Furniture, equipment, kitchen and items necessary for immediate use are included, subject to the final contractual inventory.

For an investor, this also allows them to take over the current rental without having to carry out a new phase of development.

Recently Upgraded Air Conditioning

The two condensing units of the air conditioning system were recently replaced.

They come with a two-year warranty , ensuring the security of one of the most frequently used pieces of technical equipment in a Phuket property.

The Heights Phuket – Kata Beach

The Heights Phuket is a high-end residence located in the sought-after Kata Beach area.

Its elevated location allows you to enjoy panoramic views of the coast while remaining close to the beaches, restaurants and shops of Kata.

For a buyer looking for a second or main residence in Phuket, Kata combines genuine local life, strong tourist appeal and one of the island's most famous beaches.

A sought-after location in Phuket

Kata is one of the most established residential and tourist areas in Phuket.

Kata Beach nearby
Kata Noi easily accessible
International Restaurants
Coffees
Shops
Supermarkets
Access to Chalong and Rawai
Access to Patong and the west coast of Phuket

The Heights' elevated position also allows for a more residential environment than areas directly at beach level.

Sold with tenant in place until August 2027

For an investor, the property presents a particularly attractive advantage: a tenant is already in place under an annual lease running until August 2027.

Current rent	7,000 THB / month
Annual revenue	1 800 000 THB
End of current lease	August 2027
Selling price	25 000 000 THB
Current Gross Yield	7,2% per year

The buyer therefore immediately benefits from an existing rental income, without an initial period of tenant search or marketing.

The lease agreement, security deposit, payment terms and conditions for lease takeover will naturally need to be verified as part of the transaction.

A 7,2% Return on a Premium Product

One of the particularly interesting aspects of this property is that its high-end positioning does not come at the expense of performance.

Based on the current rent:

Investments	25 000 000 THB
Loyer mensuel	150 000 THB
Annual rent	1 800 000 THB
Gross return	7,2%

This is a gross return, before common charges, possible management, maintenance, insurance, taxation and other expenses related to the property.

The stated yield corresponds to the contract currently communicated and does not constitute any guarantee regarding future rentals after the lease expires in August 2027.

Price Positioning

Selling price	25 000 000 THB
Living space	219m²
Indicative price per m²	Around 100,400 THB / m²
Configuration	2 bedrooms / 2 bathrooms
State	Fully renovated
View	Sea and mountains
Furniture	Fully included
Current rent	7,000 THB / month
Current Gross Yield	7,2%

Obsido Immo Analysis

In our opinion, this property has a particularly interesting profile because it combines two characteristics that do not always go together: a truly premium real estate positioning and an already established rental yield.

With 219 m² for only two bedrooms , we are very far from the classic sizes of new condominiums currently being built in Phuket.

The heritage value also rests on several structural elements:

219 m² on a single level
Only 2 bedrooms, therefore very generous spaces
Panoramic view of the sea and mountains
large terrace
Location in Kata
High-end residence established
Complete renovation in 2019
Western cuisine
Luxury Master Suite
Stone bathtub and spa-style bathroom
Fully furnished apartment
Recently upgraded air conditioning
Tenant in place until August 2027
150,000 THB monthly rental income
Current gross yield of 7,2%

At approximately 114,000 THB per m² , the property must also be analyzed taking into account the amount of space offered, the renovation and especially the view.

For an investor, the existing tenant provides immediate visibility: the property already generates 1,8 million baht per year over the remaining term of the lease.

But unlike some investments bought solely for their yield, the property also has real use value: at the end of the lease, it can become a personal residence or a high-end holiday home in Phuket.

It is precisely this combination that seems interesting to us: a quality real estate asset, a renowned location, rare volumes and an existing rental income.

Ownership Structure – Important Point

The property is currently held through a structure described as Thai Company Freehold.

This structure should not be automatically equated with a classic foreign freehold acquisition of a condominium.

Before any acquisition, Obsido Immo therefore strongly recommends a complete legal due diligence, focusing in particular on:

The unit's title deed
The company currently owns
The shareholder structure
The company's accounts and obligations
Any existing debts or obligations
The possibility of another transfer structure
The foreign quota potentially available in the condominium

The final structure of the acquisition must be validated with an independent legal professional before any commitment is made.

Who is this property intended for?

Investor seeking a premium, already leased asset
Buyer looking to invest in Phuket with immediate income
Buyer looking for a large property with a sea view
Client looking for a future second home in Kata
Buyer preferring rare volumes
Investor seeking a return currently above 7%
Buyer seeking a fully renovated, turnkey property

Information & Visit

As the property is currently occupied, viewings will need to be arranged in coordination with the tenant and in accordance with the existing lease agreement.

Legal file, lease agreement, information on the co-ownership, complete inventory of furniture, documents relating to the property structure and organization of a private visit are available upon request.

Phone / WhatsApp: +66 94 909 2726

E-mail :
[email protected]

Make an appointment:
sammy-obsidoimmo.zohobookings.com

Obsido Immo – The real estate and investment specialist in Thailand