Luxury 3 Bedroom Villa for Sale in Cherng Talay, Laguna area Phuket, Thailand
Located near the pristine Laguna area, this beachside pool villa for sale in Bang Tao, Cherng Talay, offers a lush mountain landscape and is a haven of peace close to the hustle and bustle of Phuket.
modern new villas in phuket
The developer has been building private homes in Phuket for over 12 years and has applied its renowned architectural skills to this phenomenal luxury residence.
The teak wood vaulted ceiling is the epitome of elegance, while the folding glass doors and transom windows provide plenty of natural light. The large tile floor in the front room matches that of the terrace for a harmonious transition to the outdoors.
The idyllic outdoor ambience is further enhanced by the extended eaves, supported by striking pillars, which create an additional living/dining area on the terrace next to the natural stone tiled swimming pool.
It will take about 12 months to build this customised residence, and the developer offers flexible payment plans (linked to the completed stages of construction of your new home in Thailand) to foreign buyers.
For buyers interested in the investment potential of the property, there is a year 5 rental program with guaranteed income.
A short drive away from shops, restaurants and a beautiful Thailand’s sandy beaches.
A great chance to buy your new property in Thailand.
THE PROPERTY IN IMAGES
The location is not always 100% accurate and is given as an indication.
A summary of the process of buying property in Phuket.
Payment terms when buying property in Phuket:
The majority of new properties in Phuket are sold off-plan or under construction. Buyers will always be asked to pay a deposit for the reservation of the unit they have chosen. This ensures that the property is taken off the market. Thereafter, some time (usually 30 days) is allowed to draw up the legal documents before the first payment is made on signing the contract.
Thereafter, the remaining payments are usually spread over the duration of the construction.
Here is an example:
In a new villa or condominium development, each owner will pay an initial amount into a sinking fund when ownership is transferred. This amount will be used in the future for major renovations and repairs that are not part of the operating budget.
Common area management costs:
In a villa scheme (note that this also applies to a condo/apartment building), specifically appointed property managers will normally be responsible for managing the common areas.
This service includes:
The property management company reports directly to the owners’ committee on management issues and the financial status of the project.
As a reminder, according to Thai law, foreigners are not allowed to own land outright, so a series of 30-year renewable leases are granted (Leasehold).
However, a foreigner can own the house or villa he buys (the building, not the land).
As for apartments or condominiums, there are no restrictions for foreigners to buy provided that the number of foreign owners owning a flat in the same building does not exceed 49%.
Indeed, the law stipulates that the majority of the owners must be Thai nationals.
Of course, Thai buyers are able to purchase land and house in real estate developments that offer the option of full ownership.