Off-plan contract assignment

VIP Tropika P1601 Resale, 61 m² Two-Bedroom

The dearest metre of the five VIP Tropika lots, and the only one with a dated handover. The second bathroom is what changes who can rent the flat.

Type
2-Bedroom
Size
61 m²
Floor
6
Unit
P1601
View
Pool
Tenure
leasehold
Completion
February 2028 seller schedule
To beach
Bang Tao Beach
· By Maksim Shchegolev · Project: VIP Tropika full review

Why this resale

  • ✓ 133,772 THB per m², the highest of the five VIP Tropika lots listed here
  • ✓ Two bathrooms on the plan, which is what lets the flat take two couples
  • ✓ The only lot in the building with a month attached to handover: February 2028
  • ✓ Furniture advertised as included; leasehold; pool outlook from floor 6

P1601 asks 8,160,075 THB for 61 m², or 133,772 THB per m², the highest rate of the five VIP Tropika lots listed here. What that premium buys is not floor area. It is the second bathroom and the sixth floor.

The step up from a one-bedroom is expensive space

Going from P2219 at 45 m² to P1601 at 61 m² adds sixteen square metres for 3,109,388 THB, or 194,337 THB per additional metre. That is 73% above the one-bedroom’s own average rate and 45% above this apartment’s.

Read that as a price on the features rather than on the space, because that is what it is: two bathrooms instead of one, a pool outlook instead of a garden, and five floors of elevation. If your tenant pays for those, the number works. If your tenant is a family who would have taken the one-bedroom, it does not.

What the plan gives you

VIP Tropika two-bedroom floor plan, 8.1 by 7.8 metres
The two-bedroom layout from the seller’s pack: 8.1 by 7.8 m overall, bedrooms of 4.3 m and 4.9 m depth on either side of a central living and dining band, a bathroom to each bedroom, and a terrace along the front.

The second bathroom is the line that decides the letting model. A two-bedroom with one bathroom takes a family; a two-bedroom with two takes two couples splitting the cost, which in a beach market is the better-paying booking and the one that fills midweek. It also doubles what has to be cleaned between stays, so it belongs on both sides of the model.

Eighteen months of somebody else’s contract

February 2028 is about a year and a half out, and on an assignment that period belongs to the seller’s paperwork rather than to yours. You inherit their instalment schedule, their delivery date and whatever the developer agreed with them about lateness.

At this ticket that is the part to spend diligence on. Ask for the developer’s contract rather than the seller’s summary, and read three things in it: the completion date it actually commits to, the penalty if the date passes, and whether the lease term begins at signature or at registration after handover. A thirty-year lease that started in 2024 is not the same asset as one starting in 2028, and the difference is four years of term on an 8.16 million baht purchase.

Then ask what remains to be paid. A completion eighteen months away means instalments still fall due, and the receipts for what has already gone to the developer are the only evidence of what you are buying.

What completes the price

LineAmount
Sinking fund24,180 THB, once
Water and electricity meters5,000 THB, once
Transfer cost shown in the pack81,601 THB
Common-area fee43,524 THB a year

The annual charge is 714 THB per m², so this apartment carries 43,524 THB a year against a studio’s 21,485 for the same building and the same services. Over the years between handover and any sale, that difference is a real part of what the larger format costs.

Before you reserve

  • The handover date and penalty clause in the developer’s contract, not the seller’s schedule.
  • The seller’s payment history, with receipts, since a 2028 completion means several instalments remain.
  • Written developer consent to the assignment.
  • What stands between floor six and the pool, on a site plan and in person.
  • The management agreement, read for what the advertised percentage is calculated on.
  • When the lease term starts: at signature or at handover.

What this format has to argue against in Bang Tao is set out in two-bedroom condos in Bang Tao; the building itself is on the VIP Tropika project review.

Frequently Asked Questions

Floor six with a pool outlook, and a plan that carries two bedrooms and two bathrooms rather than one of each. Stepping up from the 45 m² one-bedroom costs 194,337 THB for every additional square metre, well above what either format charges on average. That premium is buying the second bathroom and the elevation, not floor area, so the question is whether your tenant is paying for those two things.

Who can share the apartment. Two bedrooms and one bathroom lets to a family; two bedrooms and two bathrooms lets to two couples splitting the cost, which is a different and generally better-paying booking in a beach market. It also changes turnover cost, since two bathrooms are two sets of fittings to maintain and clean between stays.

43,524 THB a year at 714 THB per m², against 21,485 for a studio in the same building receiving the same services. Held from handover in 2028 to a sale five years later, that is roughly 218,000 THB in charges alone, and it runs whether the apartment is let, empty or occupied by you. It is the quiet part of what a larger format costs.

Yes, and on a site plan first. A pool outlook from the sixth floor depends on what sits between the two: podium height, planting, the neighbouring block and any later phase the developer has not built yet. Ask what is approved for the plot in front and get the answer before you pay for the view, because it is a meaningful share of why this apartment costs more per metre than anything else here.

It is the only lot among the five here with a month rather than a year attached, which is a small sign that this seller's paperwork is more specific. Treat it as a starting point rather than a commitment: the date that matters is the one in the developer's contract, and the penalty clause behind it. Ask to see both before you rely on the schedule.

Request VIP Tropika P1601 details

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