Flat in Phuket. City - Phuket
ID PH6063
Amenities:
Included in the Price:
Description:
Introducing a new world-class condominium within the 5-star Laguna resort area by the Banyan Tree Group, a trusted and popular developer. Property owners are granted membership in the Sanctuary Club, offering privileged access to over 40 resorts and 3 golf courses. Owners can also participate in an exchange program for stays at Banyan Tree properties worldwide. Whether relaxing in Mexico or Vietnam, you will always receive special treatment.
The project comprises of 3 buildings, each offering shops, cafes, reception, concierge, and security cameras. Buyers can choose from studio units of 29m2, one-bedroom units ranging from 30m2 to 39m2, and two-bedroom units from 40m2 to 60m2. Each unit features a living room, kitchen, master bedroom, balcony, and 1 or 2 bedrooms. The complex will have a rooftop pool, gardens, yoga lawn, jogging track, BBQ area, and laundry facilities.
Prices vary based on finish options, including basic finish, built-in furniture, or full furniture package.
Completion is scheduled for 2021. Developer offers payment plans during construction and up to 5 years post-completion.
Special pre-sale offer:
- Gift vouchers for spa, restaurants, and stays at Laguna hotels.
In Thailand a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Phuket; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Thailand finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Thailand takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Phuket short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (276 593 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Phuket: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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