4 Bedroom Villa for sale at Banyan Tree Grand Residences - Oceanfront Villas

 (Write Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1972624
4 Bedrooms
4.5 Bathrooms
793 SqM Indoor Area
2 Storeys
Sep 2024 Completed

About This Villa

This property is a 793 SqM villa with 4 bedrooms and 4.5 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 villa for a base price of £6,130,000 (£7,730/SqM).

Features

OceanfrontOceanfront Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 20, 2024
Updated 1 month ago
Property Type Villa
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Banyan Tree Phuket -0.6 Km
Indoor Area 793 SqM
Price per SqM £7,730
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 480 SqM
Pets All Kind of Pets Allowed
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
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.

N/A
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 £183,000
View(s) Sea View, Pool View
Unit Type 4BR Villa
Parking Spots 2
Pool Size N/A
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.
N/A
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1972624

Investment Opportunity: Charges & Yield

Sale Price
£6,130,000

Project Details

Construction: Completed (Sep 2024)
Units: 10
Project Area: 4,800 SqM
Nearest Landmark Banyan Tree Phuket - 0.6 Km
Location: Choeng Thale, Phuket
Banyan Tree Grand Residences - Oceanfront Villas Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Banyan Tree Grand Residences - Oceanfront Villas

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Payment Plan

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
£2,310
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
£2,310
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 - Oceanfront Villas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Banyan Tree Phuket is the nearest Hotel from Banyan Tree Grand Residences - Oceanfront Villas and it is 0.6 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 - Oceanfront Villas 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
£2,310
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
£2,310
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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Banyan Tree Grand Residences - Oceanfront Villas

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Number of units
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Year Built
Completion Status
Project Name
Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Location
Choeng Thale, Thalang, Phuket
Number of units
10
Sales Prices
£2.54M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Choeng Thale, Thalang, Phuket
Number of units
12
Sales Prices
£4.4M - £4.42M
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Location
Choeng Thale, Thalang, Phuket
Number of units
18
Sales Prices
£1.9M - £3.18M
Monthly Rentals
N/A
Year Built
Sep 2024
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
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£2.29M - £2.78M
▼ -10% underpriced
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Sep 2024
Completion Status
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Location
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Number of units
199
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£972K - £1.09M
▼ -10% underpriced
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N/A
Year Built
Jun 2008
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
1
Sales Prices
£1.32M
Monthly Rentals
N/A
Year Built
Aug 2024
Completion Status
Completed
Project Name
Maan Tawan
Location
Choeng Thale, Thalang, Phuket
Number of units
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Sales Prices
£1.15M - £1.36M
Monthly Rentals
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Completion Status
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Project Name
Sunshine Beach
Location
Choeng Thale, Thalang, Phuket
Number of units
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£157K - £521K
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N/A
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Completion Status
Off Plan
Project Name
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Location
Choeng Thale, Thalang, Phuket
Number of units
40
Sales Prices
£421K - £856K
▲ 9% overpriced
Monthly Rentals
£2.08K - £5.09K
Year Built
Dec 2008
Completion Status
Completed
Location
Choeng Thale, Thalang, Phuket
Number of units
N/A
Sales Prices
£671K
Monthly Rentals
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Year Built
Jan 2019
Completion Status
Completed
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