Off-plan contract assignment
VIP Venus Karon A309 Resale — 1BR, 28% Below Developer
Off-plan contract assignment from a verified MORE Group client — 1BR 30 m² on floor 3 of VIP Venus Karon, 750 m to Karon Beach, fully furnished. Listed at 3.15M THB ($99,000) — 28% below current developer pricing. EIA approved, October 2026 delivery.
- Type
- 1-Bedroom
- Size
- 30 m²
- Floor
- 3
- Unit
- A309
- View
- Garden + sunset
- Tenure
- leasehold
- Completion
- October 2026
- To beach
- 750 m
Why this resale
- ✓ Listed at 3.15M THB — 28% below the current 4.35M THB developer price for the same unit type
- ✓ Verified off-plan contract assignment from an existing MORE Group client (not a marketing 'discount')
- ✓ Floor 3, 30 m², garden + sunset view, fully furnished package included
- ✓ 750 m to Karon Beach — free shuttle bus included for residents and guests
- ✓ EIA approved, construction physically progressing on site, October 2026 delivery
- ✓ Suitable for own use, self-rental on Airbnb / Booking, or professional rental management
Why this resale makes sense
VIP Venus Karon’s developer price for a Type A 1-bedroom (30 m²) currently sits at 4.35 million THB. This unit is listed at 3.15 million THB because the original buyer needs to exit before completion, not because of any project-side issue.
For a buyer entering at this price, the maths shift in two directions at once: a lower entry point versus the same developer inventory, and a higher implied yield against future rental income.
The unit itself — A309
- Layout: 1-bedroom, Type A, 30 m²
- Floor: 3 (residential floor 3 of 7, ground floor is parking + lobby)
- View: garden and sunset orientation
- Furniture: included — bed, sofa, lounge chair, dining table, wardrobe, white goods, AC, smart lock, curtains and blackout blinds
- Tenure: leasehold (standard foreign-buyer structure for VIP Venus Karon)
The plan is compact and rental-oriented: separate sleeping zone, living/dining area, pantry, bathroom and balcony. The unit is delivered photo-ready, with no separate furniture sourcing or fit-out coordination before rental launch.
Location
VIP Venus Karon sits on the second line from Karon Beach, around 750 metres from the sand. The project has direct access from the main road and includes a free shuttle bus to the beach for residents and guests.
The project at a glance
VIP Venus Karon is a 214-unit boutique condominium by VIP Thailand Group, with one 8-floor building, landscaped common areas, pool deck, gym, sauna, lobby, 24/7 security and on-site management. EIA is approved, construction has been progressing since 2024, and completion is scheduled for October 2026.
For the full project breakdown — architecture, developer track record, location analysis and our independent investment view — see the VIP Venus Karon project review.
Facilities
The amenity package is strong for this price point: swimming pool, cabanas, landscaped gardens, lounge areas, gym, sauna and building management. For short-stay rental, these visuals matter because the listing needs to compete on Booking, Airbnb and Agoda, not just on price.
Construction status — March 2026
The construction photos below are from the original seller material and show the building in progress in March 2026. They are useful because this is not an early-stage paper launch: the structure, façade works and interior fit-out are already visible.
Investment maths at the resale price
At 3.15M THB (~$99,000) and Karon’s established short-stay market, a realistic income picture for a Type A 1BR with professional rental management:
| Metric | At developer price (4.35M THB) | At this resale (3.15M THB) |
|---|---|---|
| Entry price (USD) | ~$136,000 | ~$99,000 |
| Realistic gross annual rent | $11,000 – $15,000 | $11,000 – $15,000 |
| Gross yield | 8 – 11% | 11 – 15% |
| Net yield (after mgmt, OTA, vacancy) | 5 – 7% | 7 – 10% |
Same unit, same building, same rental performance — but a lower denominator. The yield difference is structural to the entry price, not to the operating model.
What buying this resale looks like
- Verification call (free): we walk you through the unit, the seller’s situation, the remaining payment schedule, and the legal mechanics of the assignment.
- Document review: we share the original sale and purchase agreement, the EIA documentation, and the proposed tripartite assignment agreement for your lawyer’s review.
- Reservation: typical reservation deposit holds the unit while paperwork is finalised.
- Assignment signing: tripartite agreement between you, the seller and the developer transfers the contract.
- Continuation: you continue the developer’s payment schedule until October 2026 handover.
MORE Group does not charge buyer commission on resale assignments. We work alongside English- and Russian-speaking Thai property lawyers for the legal review.
Who this fits
This unit is a clean fit for buyers in the $95,000–$110,000 range looking for either pure rental income from Karon or a part-time-use condo in a credible boutique project. The October 2026 delivery means roughly five to six months of construction risk remaining at this point — a much shorter horizon than a typical 2.5–3 year off-plan exposure — and the EIA-approved status materially de-risks the completion path.
It is less suitable for buyers who specifically want a freehold structure (this is leasehold), first-line beach (the project is second-line, 750 m to the sand), or a contractually guaranteed yield (VIP Venus Karon does not have a hotel licence or guaranteed-rental programme).
If this looks close to what you need but you want to compare against current developer inventory or other Karon resales, request a full shortlist below — we’ll send matching options within 2 hours.
Frequently Asked Questions
The original buyer signed a sale and purchase agreement with VIP Thailand Group and paid the initial instalments. They are now transferring (assigning) their position in that contract to a new buyer — you. You take over the unit at the price the seller is asking, and continue the developer's payment schedule from where they left off until completion. The transfer is documented through a tripartite agreement between seller, buyer and developer.
The seller is an existing MORE Group client repositioning their portfolio and motivated to exit before completion. The developer's headline price has firmed since the project launched as inventory tightened toward October 2026 delivery. The 1.2M THB gap is the seller's discount to move quickly — not a developer promotion or a sign of project risk.
Yes. The unit is sold under leasehold structure (the standard mechanism for foreign condo ownership at VIP Venus Karon). The leasehold terms — typically 30+30+30 years — and the existing payment schedule are documented in the original developer contract, which we provide for your legal review before signing.
The price covers transfer of the contract for the unit itself plus the full furniture and white-goods package (refrigerator, washing machine, microwave, induction hob, AC, curtains, smart lock, lighting). Transfer fees, sinking fund contribution, the assignment paperwork fee, and the first year of common-area management fees are typically separate — we provide a full all-in cost sheet on request.
Based on the 3.15M THB entry price (~$99,000) and Karon's current short-stay rates, a realistic gross rental yield is 9–13% per year — meaningfully higher than buying at the 4.35M THB developer price. Net yield after professional management, OTA fees and seasonal vacancy lands in the 6–8% range. We can connect you with two property management companies operating in the Karon area for direct quotes.
The exact remaining payment schedule depends on the original contract milestones and what has already been paid. We share the full payment history and remaining schedule before any commitment. Typical structure for VIP Thailand projects is staged construction payments through to handover with a final balance at delivery — we provide a clean breakdown on request.
Request VIP Venus Karon A309 details
Floor plan, full price breakdown, payment schedule, and legal Q&A — sent within 2 hours.
