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    3 Bedroom Townhouse for sale at Banyan Tree Grand Residences - Beach Terraces
    Choeng Thale, Thalang,Phuket
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    Sale Price
    £2,350,000
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    3 Bedroom Townhouse for sale at Banyan Tree Grand Residences - Beach Terraces

     (Write Review)
    Choeng Thale, Thalang,Phuket
    Unit ID: U1675096
    3 Bedrooms
    3 Bathrooms
    417 SqM Indoor Area
    3 Storeys
    Sep 2024 Completed
     (Write Review)
    Sale Price
    £2,350,000
    6

    About This Townhouse

    This property is a 417 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Sep 2024. You can buy this townhouse for a base price of £2,350,000 (£5,630/SqM).

    Features

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

    Basic Information

    Date Listed Sep 29, 2023
    Updated 1 year ago
    Property Type Townhouse
    Storeys 3
    Location Choeng Thale, Phuket
    Bedrooms 3
    Nearest Landmark Laguna Beach -0.2 Km
    Indoor Area 417 SqM
    Price per SqM £5,630
    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 165 SqM
    Pets All Kind of Pets Allowed
    Townhouse Ownership

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

    Foreign Ownership, Thai Ownership, Company
    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 (Sep 2024)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Available for £156,000
    View(s) Sea View, 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.
    £292/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1675096

    Investment Opportunity: Charges & Yield

    Sale Price
    £2,350,000
    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.
    £292/mo

    Project Details

    Project Name: Banyan Tree Grand Residences - Beach Terraces
    Developer: Banyan Group Residences
    Construction: Completed (Sep 2024)
    Units: 15
    Project Area: 8,000 SqM
    Nearest Landmark Laguna Beach - 0.2 Km
    Location: Choeng Thale, Phuket
    Banyan Tree Grand Residences - Beach Terraces Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at Banyan Tree Grand Residences - Beach Terraces

    • All
    • 3 Beds
    Get notified when new homes are being added to Banyan Tree Grand Residences - Beach Terraces
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    Loan Calculator

    Payment Plan

    Construction Payment Term
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,260
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    when construction is 25% complete
    20%
    3rd Installment
    when construction is 50% complete
    20%
    4th Installment
    when construction is 75% complete
    20%
    5th Installment
    On completion
    20%
    Deferred Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,260
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    when construction is 25% complete
    10%
    3rd Installment
    when construction is 50% complete
    10%
    4th Installment
    when construction is 75% complete
    10%
    5th Installment
    On completion
    50%

    Frequently Asked Questions

    All kind of pets are allowed at Banyan Tree Grand Residences - Beach Terraces including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £292 for this townhouse. 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 - Beach Terraces and it is 0.2 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 - Beach Terraces 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
    £2,260
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    when construction is 25% complete
    20%
    3rd Installment
    when construction is 50% complete
    20%
    4th Installment
    when construction is 75% complete
    20%
    5th Installment
    On completion
    20%
    Deferred Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,260
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    when construction is 25% complete
    10%
    3rd Installment
    when construction is 50% complete
    10%
    4th Installment
    when construction is 75% complete
    10%
    5th Installment
    On completion
    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

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    Phuket
    Choeng Thale

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