BOTANICA HYTHE | Apartment | 3 bedroom

Turnkey finish

Built-in furniture, including kitchen units and wardrobes

Fully equipped bathrooms

Payment Schedule:

1st Payment: Reservation deposit – 200,000 THB
2nd Payment: Upon signing the contract – 35%
3rd Payment: Upon completion of foundation and earthworks – 20%
4th Payment: Upon completion of concrete and roofing structure – 20%
5th Payment: Upon completion of brick walls, installation of cable ducts and pumps – 10%
6th Payment: Upon completion of door and window installation, finishing works – 10%
7th Payment: Upon transfer and registration of ownership – 5%

Payment Methods

-SWIFT Transfer: Payment is made based on the official rental agreement and the issued invoice to the GYP Group company account in Thailand.

-Cash Payment: Payment is accepted in cash.

Release date - 06/30/2027

Build start - 05/01/2025

Ownership type: Long-term lease or full ownership

Building square: 127.23-217.04 м²

Floors: 6

Location area

Distance to the sea: 4 km

Supermarkets: «Villa market» (4.5 km), «Tops Daily Porto de Phuket» (4.4 km), «Makro Thalang» (4.9 km)

Infrastructure

• Security
• Swimming pool(Common pool)
• Walking zones
• Parking
• Gym

Airport: 16.6 km

Malls: «Porto de Phuket» (4.6 km), «Robinson Lifestyle Thalang» (9.5 km), «Central Phuket» (21 km)

Schools: «HeadStart International School» (6.3 km), «UWC Thailand» (8.1 km), «British International School Phuket» (14 km)

Golf fields: 2 km

Tennis courts: 3.8 km

What should you consider before purchasing?

The areas for permanent residence are different from the resort zones. It is also important to check the reliability of the developer by researching their past projects, ratings, and customer reviews.

Can third parties (legal entities or individuals) make payments under the contract?

Yes, any legal entity or individual can make payment under the contract.

What fees are involved in purchasing property in Thailand?

The cost of processing a real estate transaction in Thailand includes the following fees:

• Registration fee – 2% of the appraised value of the property;
• Stamp duty – 0.5% of the appraised value or the contract price, whichever is higher;
• Withholding tax – 1% of the appraised value or the contract price, whichever is higher.

When registering property for long-term lease (leasehold), the following fees must be paid:

• Registration fee – 1% of the appraised value of the property;
• Stamp duty – 0.1% of the appraised value or the contract price, whichever is higher.

All of these fees are one-time payments.

How to ensure the legal purity of the transaction?

This requires the assistance of a specialist who is well-versed in Thai legislation. A lawyer will help verify the documents and the developer's company for any encumbrances, the legality of the construction, and the land ownership documents.

What is the procedure for completing a property purchase on the secondary market in Thailand?

The process of registering a transaction when purchasing real estate on the secondary market is similar to that of buying new property from a developer. The main difference lies in the tax issues. When purchasing from a developer, the developer typically covers 50% of the taxes when transferring ownership. However, when buying on the secondary market (resale), the buyer may be fully responsible for the taxes if the parties do not agree to split the costs. Most often, the taxes are shared 50/50.