Phuket,
Wichit,
Thailand
1-Bedroom Apartment 43 m² The City Phuket
1-Bedroom Apartment 43 m² The City Phuket
Main Characteristics
Apartment Description
If you are planning to buy an apartment in Phuket for comfortable long-term living, square footage is crucial. An area of 43 m² for a one-bedroom format is a rarity for modern urban condominiums. This lot in The City Phuket complex is designed for those who are not willing to compromise on personal space.
The apartment is located in the heart of the Wichit business district, just minutes away from the largest shopping centers (Central Phuket), international schools and clinics. This is an ideal base for living on the island without being tied to tourist traffic.
Financial Attractiveness
For those considering real estate investments, this property offers a rare financial model on the island. The developer provides the opportunity to pay 50% of the cost during the construction period, and arrange a direct mortgage for foreigners on the remaining 50% for 15 years (at 6-8% per annum). By renting such apartments from the developer on a long-term basis (which is in high year-round demand in this area), you will be able to fully cover mortgage payments through rental income. Given the favorable starting real estate prices, this is an ideal protective asset.
Infrastructure and ServicesInfrastructure and Services
Movie theater
Terrace on the roof
Children's playroom
Laundry room.
meeting room
Co-working
Gated community
Fitness
Swimming pool
Location Description
Wichit: strategic center of Phuket
Wichit is not an overcrowded tourist location, but a respectable urban environment with clear logistics. This is where expats, top managers and business owners live.
Within a 5-10 minute radius of the complex you will find everything you need:
Shopping and groceries: The island's largest shopping center Central Phuket, hypermarkets Makro, Lotus's, Baan&Beyond and the famous Chao Fa Variety Market.
Education and healthcare: Prestigious international school HeadStart and top hospital Bangkok Hospital Phuket.
Sports and recreation: King Rama IX Park for morning runs in the fresh air.
At the same time, thanks to excellent transport interchanges, the drive to Kamala, Patong or Kata beaches will take you no more than 15-20 minutes.
Real estate prices here are growing not due to short-term tourist trends, but thanks to stable internal demand, which makes buying in The City Phuket the most reliable asset.
Property Advantages
Spacious apartments with increased area
Unlike standard compact layouts, this features complete zoning: spacious bright living room, designated dining area, functional kitchen, and absolutely isolated master bedroom.
"Quiet luxury" design
Apartments are sold with built-in appliances and furniture
Mortgage for 50% of the cost for foreigners
A unique opportunity to buy business-class housing with minimal financial burden. Pay 50% of the cost, and for the remainder, arrange a direct loan from the developer for up to 15 years (without certificates from Thai banks)
Additional
PHASE 1 - Ready apartments
Reservation 100,000 THB
100% - upon transfer of ownership rights
There is an opportunity to take a loan from the developer for 50% of the cost for 15 years at 6% per annum
PHASE 2 - Ready in 2027
Reservation: ฿100,000
Contract payment: 5% of the apartment cost within 10 days after reservation.
Further payments: 10% of the cost every 3 months.
10% - final payment upon transfer of ownership rights, no later than December 2027
Capital repairs fund 500 baht per m², one-time
13,600 baht payment for meters, one-time
Utilities 60 baht per m², monthly, paid once a year
Leasehold registration (rental for 90 years) - 1% of the cost every 30 years
Freehold registration (100% ownership) – 1% of the cost + additional payment of 13,000 baht per m²
Included in the price
Additional
PHASE 1 - Ready apartments
Reservation 100,000 THB
100% - upon transfer of ownership rights
There is an opportunity to take a loan from the developer for 50% of the cost for 15 years at 6% per annum
PHASE 2 - Ready in 2027
Reservation: ฿100,000
Contract payment: 5% of the apartment cost within 10 days after reservation.
Further payments: 10% of the cost every 3 months.
10% - final payment upon transfer of ownership rights, no later than December 2027
Capital repairs fund 500 baht per m², one-time
13,600 baht payment for meters, one-time
Utilities 60 baht per m², monthly, paid once a year
Leasehold registration (rental for 90 years) - 1% of the cost every 30 years
Freehold registration (100% ownership) – 1% of the cost + additional payment of 13,000 baht per m²
Included in the price
Complex Gallery
About developer
World Corporation Public Company Limited is one of Thailand's oldest and most trusted public developers. Specializing in the construction of premium residential condominiums and large-scale commercial projects, the company firmly holds a leading position in the investment real estate market in Phuket.
Choosing the objects from World Corporation, investors receive excellent quality of construction, 100% transparency of the transaction and unique financial conditions.
Developer in facts and figures
Established in 1994: more than 32 years of impeccable experience in development and construction.
Highest level of reliability: The status of a public company (Public Co. Ltd.) guarantees full transparency of business processes and regular independent audits.
Large-scale portfolio: Diversified assets ranging from large industrial parks on the mainland (World Industrial Estate in Lamphun and Pathum Thani provinces) to modern Residential complexes on the islands.
💎 Unique advantage: 50% credit line from the developer
The main indicator of World Corporation's colossal financial strength is its absolute independence from bank loans. The developer has such strong equity capital that it lends to its buyers on its own.
Direct financing: Developer provides its clients with a credit line of up to 50% of the real estate value for its own facilities.
Investor confidence: The company's ability to lend to buyers from its own funds is the best proof that construction will never stop due to budget constraints.
Easy processing: Approval takes place in-house without complicated bank checks and unnecessary bureaucracy.
Landmark projects in Phuket
The company's portfolio includes sought-after Residential complexes in strategic locations on the island, designed for both comfortable living and stable Passive income.
The City Phuket (district Katu / Center of Phuket) Flagship ready project of the company. Fully commissioned.Ideal location just 700 meters from the largest shopping mall Central Phuket (Floresta & Festival). Residents have access to: movie theater, meeting room, meeting room, swimming pool.
ABOV Patong A new large-scale 494 unit investment complex being built in the heart of Phuket's tourist life.
The Forest Patong Condominium, harmoniously combining tropical privacy with Walking distance to the famous Patong Beach.
Who would be perfect for World Corporation?
At KVARIS Agency, we recommend looking at World Corporation projects if you fall into any of the following groups:
Expats, Remote Professionals and Digital Nomads The Developer places a strong emphasis on facilities for long-term living and working. For example, The City Phuket features full-fledged co-working spaces (The City Work) and recreational areas, while its central location 700 meters from Central Phuket eliminates the need to stand in tourist traffic.
Leveraged Investors A unique 50% line of credit from the Developer itself is ideal for those who do not want to withdraw all the capital from their business at once, or who plan to purchase a more premium lot with borrowed funds.
Conservative buyers looking for 100% security of transaction The status of a public company and more than 32 years of experience in the Thai market exclude the risks of under-construction or bankruptcy. This is the choice for those who are looking for maximum transparency and guarantee of safety of investment.
The developer's projects cover the most popular rental locations: The City Phuket will provide year-round occupancy for long-term expat rentals, while the complexes on Patong (ABOV, The Forest) will generate highRental yields during the high tourist season.
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