Off-plan contract assignment

VIP Tropika P2219 Resale, 45 m² One-Bedroom

Whether P2219 is good value depends on which VIP Tropika studio you would otherwise buy. Against one it is a cheap metre, against the other it is not.

Type
1-Bedroom
Size
45 m²
Floor
2
Unit
P2219
View
Garden
Tenure
leasehold
Completion
2028 seller schedule
To beach
Bang Tao Beach
· By Maksim Shchegolev · Project: VIP Tropika full review

Why this resale

  • ✓ 112,237 THB per m², between the two studio prices in the same building
  • ✓ Type B1 plan: 5.9 by 7.6 m, a 4.4 m deep bedroom beside a 3.4 m deep living zone
  • ✓ The extra 15 m² costs 125,379 THB per metre against the cheap studios, 95,904 against P2109
  • ✓ Furniture advertised as included; leasehold; handover on a 2028 seller schedule

P2219 asks 5,050,687 THB for 45 m², or 112,237 THB per m². That number sits between the two prices the same building’s studios are asking, which is why the value question here has two answers rather than one.

What the extra fifteen square metres cost

Against P1212 and P1217 at 105,667 THB per m², the step up to a one-bedroom costs 125,379 THB for each additional square metre, a fifth more than the studio’s own rate. Against P2109 at 120,404, the identical step costs 95,904 per metre, a fifth less.

So the format decision cannot be made in the abstract. If the cheap studios are still on the market, the extra room and the door are expensive space. If they are gone and P2109 is the alternative, the one-bedroom is the better metre and the argument reverses.

Ask which studios are genuinely available before you compare anything else on this page.

The B1 plan, and what a door is worth

VIP Tropika one-bedroom Type B1 floor plan
Type B1 from the seller’s pack: 5.9 by 7.6 m overall, split into two 2.9 m wide zones, a bedroom 4.4 m deep with a wardrobe run, and a living area 3.4 m deep, with kitchen and dining in the same band, one bathroom and a terrace along the front.

Read the dimensions rather than the bedroom count. The living zone at 2.9 by 3.4 m is not much bigger than the open volume in the studio plan; what the extra area buys is the bedroom and the wall between it and everything else. For a tenant staying a season that wall is the whole product. For one staying four nights it is not, and the studio at a lower ticket serves them better.

At exit you are not competing with a twin

The studios in this building have a problem this apartment does not. There are three of them on the market today, identical on every published field, and when their owners come to sell they will be selling the same flat into the same enquiries with nothing but price to argue with.

P2219 is the only 45 m² lot listed here. At exit it competes with whatever the developer still holds and with one-bedrooms in neighbouring schemes, which is a slower and less brutal conversation than being undercut by the apartment next door.

That is worth something real, and it partly offsets the expensive marginal metre above. It is also the reason to check, before you reserve, how many one-bedrooms the developer has left unsold in this building, because if the answer is a large number, the advantage is temporary and you will meet them in the same market.

What completes the price

LineAmount
Sinking fund17,960 THB, once
Water and electricity meters5,000 THB, once
Transfer cost shown in the pack50,507 THB
Common-area fee32,328 THB a year

The annual charge runs at 718 THB per m², so a one-bedroom carries roughly 11,000 THB a year more than a studio in the same building whether or not it is let. That belongs in the comparison alongside the purchase price, because it is the part that repeats.

Before you reserve

  • Which studios are actually available, since that decides whether the extra metres are cheap or dear.
  • The seller’s payment history to the developer, with receipts.
  • Written developer consent to the assignment.
  • The furniture schedule as a contract appendix.
  • The management agreement, read for what the advertised percentage is calculated on.
  • When the lease term starts: at signature or at handover.

How the format behaves across the bay is covered in one-bedroom stock in Bang Tao; the building itself is on the VIP Tropika project review.

Frequently Asked Questions

There is no single answer, because the building has studios at two prices. P2219 averages 112,237 THB per m². Against P1212 and P1217 at 105,667 the extra fifteen square metres and a door cost 125,379 THB per metre, well above the studio's own rate. Against P2109 at 120,404 the same extra space costs 95,904 THB per metre, comfortably below it. Which comparison applies depends on which studio is still available when you buy.

A 5.9 by 7.6 m footprint split into two 2.9 m wide zones: a bedroom 4.4 m deep with a wardrobe run, and a living area 3.4 m deep, with the kitchen and dining table in the same band and one bathroom. The gain over a studio is a door and a wardrobe wall. The living space itself is not much larger than the studio's open volume, so the format is about separation rather than about room.

The common-area charge runs at 718 THB per m² a year, so 32,328 THB against a studio's 21,485 in the same building for the same services. Over a five-year hold that is roughly 54,000 THB more, before furniture, cleaning and the fact that a larger apartment takes longer to turn around between tenants. None of it is dramatic, but it is the part that repeats every year regardless of occupancy.

It buys separation rather than a view. The studios here sit on the first floor, where the terrace is at the level people walk past; one floor up removes that without adding anything you would pay a premium for. Nobody is buying floor two for the outlook, so treat it as a small operational advantage on privacy and noise rather than as a feature worth money.

Households and longer stays rather than the couples and single travellers who fill studios. That changes the letting model more than the yield: fewer arrivals, longer bookings, slower wear, and a tenant who cares about the wardrobe and the second door rather than the nightly rate. The trade is a higher ticket against a steadier one.

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