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Utopia Dream U2 is a premier condo and apartment project located in Ko Kaeo, Phuket.
Overview
Developed by UTOPIA CORPORATION CO., LTD., the creators of renowned projects such as Utopia Yamu, Utopia Dream Villa, and Utopia Dream Condo, this luxurious development offers modern living across 599 units spread over 8 floors. The project is set for completion in two phases:
Award Recognition
Utopia Dream U2 has been awarded Best Luxury Condo Interior Design (Phuket) by Property Guru 2024, recognizing its exceptional design and attention to detail.
Facilities
Utopia Dream U2 combines award-winning interior design, a central location, and world-class facilities to create a vibrant and sophisticated living experience in Phuket.
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Utilising their extensive experience and knowledge on Australian design and construction, injected a sum close to 2 billion Thai Baht into the development of the properties. IPA Corp formed the Utopia Development business unit, and currently having 6 progressing projects in Phuket island.
A significant and unique benefit for our investors of Utopia Development projects, Utopia Development has sole ownership of all the land planned to be developed, and with the capital provided by IPA Corp rather than from the Thai banks, this provides the client with peace of mind of the capital ownership of the whole project entity.
In February 2016, Utopia Development, together with the island’s largest builder, Hatyai Nanthakorn (HYN), developed and completed the first project, Utopia Kata (UTK) at Kata Beach consisting of 20 serviced apartments.
Utopia Naiharn Villa and Condo (UTN) was launched in April 2016 with one of Phuket’s longstanding family construction companies, House and Home – House Care services (H&H) engaged to develop and construct the project consisting of 110 Hotel Condominiums and 9 Villas. This project was recently completed in September 2018.
In February 2017, Utopia Development again with H&H launched the third project – Utopia Loft (UTL) at Naiharn Beach, comprising of 236 luxury loft styled Hotel condominiums to complete the Utopia Naiharn Resort project. The completion of UTL is anticipated in October 2019.
The success of the UTK and UTN projects, In April 2017, Utopia Development partnered with H&H to form Utopia Construction Group. The fourth project was then released – Utopia Central (UTC) to cater for the entry level buyers. This hotel condominium consists of 405 units and is located in the Central Festival of Phuket shopping mall, Phuket town centre, hospitals and schools. With construction commenced, the estimated completion date for this project is currently at February 2020.
Due to high demands and rapid success, in July 2017, Utopia Construction Group launched Utopia Development’s fifth project, Utopia Karon (UBR) at Karon Beach, a joint venture project with BQ Overseas. This project offers stunning views of Phuket’s beautiful Andaman Sea, and consists of 238 units having both Freehold and Leasehold ownerships available to our investors and buyers.
BQ Overseas entered into another joint venture development in April 2018, Utopia Maikhao (UBM), with Utopia Construction Group overseeing the Development and Construction works. Construction has commenced for this 92 Luxury Villas in the northern seaside of Phuket, with an anticipated completion in February 2021.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Utopia Dream U2 you have to follow these steps:
Installment Milestone Payment 1st Installment On handover 100%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Utopia Dream U2 is located 2.9 km away from Family Mart and it can be reached within 4 mins by car.
There are many other shops situated in the area of Utopia Dream U2, the 3 closest being:
- Premium Outlet Phuket is 210 m away (about 3 mins. by foot)
- Phuket Premium Outlets is 210 m away (about 3 mins. by foot)
- Premium Outlet is 2.1 km away (an approx. drive of 3 mins.)
The surrounding area, where Utopia Dream U2 is situated, offers a wide variety of restaurants. See the closest of them below:
- take away cafe by Chabathai is 140 m away (a walk of about 2 mins.)
- pakbungloifah restuarnt is 200 m away (a walk of about 2 mins.)
- Watermark Patisserie is 200 m away (a walk of about 3 mins.)
Phimphika Child & Aesthetic Clinic is the nearest health facility, which is 3.9 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Utopia Dream U2 are:
- I-Smart Language School, Agedukage (Koh Kaew) is 3.9 km away (an approx. drive of 6 mins.)
- ABC Mate Samkong Tutoring Center is 2.8 km away (an approx. drive of 3 mins.)
- STEM STUDIO PHUKET is 2.4 km away (an approx. drive of 3 mins.)
Phuket International Airport is located 24.5 km from Utopia Dream U2 and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.