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.
PROPERTY highlights
- 3 Bedrooms
- 3 Bathrooms
- Living area: 403 m2
- Newly built property
- Fully fitted kitchen
- Large private swimming pool
- Air conditioning
- Fully furnished
- Alarm
- Security 24H24
- Beachside villa
- Airport 25 mins driving
Price 54,336,000฿
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:
- Signature of the sales contract: 20%.
- Completion of the foundations or base of the villa: 20%.
- Completion of columns, floor slabs and roof frames: 20%.
- Completion of the structure of the villa, including external doors and windows: 20%.
- Substantial completion of the villa and final transfer of ownership: 20%.
Sinking fund:
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:
- 24-hour on-site security.
- Maintenance and watering of all common area landscaping.
- Cleaning and maintenance of all common areas.
- Management office and staffing as well as related costs, accounting and insurance.
- Electricity and water supply in the common areas. Waste collection and pest control.
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.
