3 Bedroom Villa for sale at Banyan Tree Grand Residences

4.83 (1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1066642
฿86,000,000
3 Bedrooms
3 Bathrooms
514 SqM Indoor Area
1 Storeys
Dec 2019 Completed

About This Villa

This property is a 514 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Banyan Tree Grand Residences project in Choeng Thale, Phuket and was completed in Dec 2019. You can buy this villa for a base price of ฿86,000,000 (฿167,315/SqM).

Features

Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters

Basic Information

Property Type Villa
Storeys 1
Location Choeng Thale, Thalang, Phuket
Bedrooms 3
Nearest Landmark Laguna Beach -1 Km
Indoor Area 514 SqM
Price per SqM ฿167,315
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 1,824 SqM
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Foreign Ownership, Thai Ownership, Company, Leasehold
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Completed (Dec 2019)
Furniture
Unfurnished
View(s) Pool View, Garden View
Unit Type 3BR
Parking Spots 2
Pool Size 85 SQ.M.
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿228,000/mo
Listed By
Developer
Date Listed Mar 7, 2022
Last Updated 1 month ago
Unit ID U1066642

Investment Opportunity: Charges & Yield

Sale Price
฿86,000,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿228,000/mo

Project Details

Developer: Banyan Tree Group
Construction: Completed (Dec 2019)
Units: 19
Project Area: 4,800 SqM
Nearest Landmark Laguna Beach - 1 Km
Location: Choeng Thale, Thalang, Phuket
Banyan Tree Grand Residences Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access

Loan Calculator

Payment Plan

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
20%
3rd Installment
50% construction completion
20%
4th Installment
75% construction completion
20%
5th Installment
upon completion of construction
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
10%
3rd Installment
50% construction completion
10%
4th Installment
75% construction completion
10%
5th Installment
Post construction payments
50%

Frequently Asked Questions

All kind of pets are allowed at Banyan Tree Grand Residences including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿125 per square meter based on the plot size of the property and is ฿228,000 for this villa. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Laguna Beach is the nearest Beach from Banyan Tree Grand Residences and it is 1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Banyan Tree Grand Residences you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
20%
3rd Installment
50% construction completion
20%
4th Installment
75% construction completion
20%
5th Installment
upon completion of construction
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
10%
3rd Installment
50% construction completion
10%
4th Installment
75% construction completion
10%
5th Installment
Post construction payments
50%

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

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.

 

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Wonderful villa
4.8 Jessica William, Australia, 2 years ago
I made the right decision to buy the villa here. The one we bought is a 5-bedroom unit that is very spacious and accommodates a large family member like us. The inside, it's fully furnished, including a private swimming pool. It's beautifully decorated in Thai style, which is so unique and exotic for a foreigner like me. This villa is a part of the Laguna project. In that area, there are many other luxury resorts. Also, there is a large lake that looks very lovely. If you walk a little further, you will find Bangtao beach; the beach is so peaceful. The staff was hospitable and friendly. On our rushing day to the airport, we requested a wake-up call service, and the staff made sure that we woke up on time so that we wouldn't miss the flight. It's not difficult to travel to Phuket, as there are many direct flights here. From the airport to the villa, it takes only 30 mins. There are many restaurants and bars in the area. Also, there is a Porto de Phuket department store for shopping. Overall, it is very impressive.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Banyan Tree Grand Residences

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Number of units
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Year Built
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Project Name
Location
Number of units
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Year Built
Completion Status
Location
Choeng Thale, Thalang, Phuket
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Choeng Thale, Thalang, Phuket
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฿54.8K - ฿299K
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Choeng Thale, Thalang, Phuket
Number of units
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฿31.2M - ฿55.4M
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Number of units
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Location
Choeng Thale, Thalang, Phuket
Number of units
19
Sales Prices
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Choeng Thale, Thalang, Phuket
Number of units
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