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Discover exclusive luxury living at Balco Lagoon Cherngtalay, a prestigious villa development nestled in the vibrant heart of Bang Tao, Phuket. This exceptional project offers an unparalleled lifestyle in one of the island's most sought-after locations.
This villa is thoughtfully designed for an optimal use of space, offering a double-volume living room and up to 2 master bedrooms, each with a private bathtub discreetly located at the rear of the villa for ensuring your privacy.
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The company was registered as a Company limited, established since the year 2009 with initial registered capital of 10.0 million by the Jaroon-Ek's (Mr. Peerapong Jaroon-Ek and Mrs. Arada Jaroon-Ek). The company develops condominiums along new lines of Bangkok's mass transit system. The Jaroon-Ek's (Mr. Peerapong Jaroon-Ek and Mrs. Arada Jaroon-Ek) has knowledge and experience in the real estate business for over 10 years, starting out from a small serviced apartment business. Then in the year of 2009 the Jaroon-Ek's foresaw business opportunities in another real estate development, therefore founded Origin Property and began developing the first condominium project called "Sense of London" condominium at Sukhumvit 109. An eight-storey-high condominium with 162 units, which had an approximate value of 198 million baht.
Since the first project drew a lot of attention and gained extremely high and positive responses. The company has continuously developed condominiums ever, and been expanding loyalty customer database. Therefore the customers recognise Origin Property as one of Thailand's leading condominium developers with amazing unique designs.
Origin Property Company Limited was established in 2009 as a property development company which focuses on condominium that offers great travelling conveniences located near Sky Train routes and expressways. Since the establishment of our company, we have built many condominiums aiming to be the most stylish condominiums, so all condominiums by Origin offers unique project designs with the best functional unit layout and excellence after sales service that worth every baht spent. Reflecting our company’s core value that focus distributing the best product value with a good reasonable price that meets the customer’s satisfaction.
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.
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:
After you have found the right property at Balco Lagoon Cherngtalay you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Signing Contract within 30-60 days 28% 2nd Installment 1st Down Payment 15% 3rd Installment 2nd Down Payment 15% 4th Installment 3rd Down Payment 15% 5th Installment 4th Down Payment 15% 6th Installment On handover 10%