Magnificent Waterfront Villa for sale at Laguna Beach, Phuket, Thailand
everything is in the details
The Phuket developer of these luxury villas at Laguna beach is renowned for its personalized attention to detail, luxurious interior design and tropical Asian spirit. Relax on the pool terrace and enjoy the evening sunshine. Take a dip in the pool or relax in the jacuzzi.
A variety of dining options are available at the Laguna complex with many international restaurants. In addition, there are numerous shopping opportunities nearby.
With only 8 villas available, these residences have an incomparable touch.
Additional features & privileges
The development includes only luxury villas with an exclusive pool villa. Three bedroom suites, fully furnished and equiped. Each villa is designed around a poolside terrace, opening onto a swimming pool with a built-in jet pool and a sala. Award-winning and recognized developer. Worry-free investment in your lifestyle with current rental yields.
Free annual use of 60-days with exclusive Banyan Tree rental programme. Access to the facilities of the 5-star Banyan Tree Hotel.
Accessibility of the group’s hotel facilities.
Sanctuary Club Benefits; Exchange Programme and Worldwide Benefits. Laguna Phuket Golf Club regular member.
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.