Botanica Grand Avenue | Villa | Zone B | 4 bedroom

High-quality turnkey finishing

Custom built-in furniture, including a fully equipped kitchen and wardrobes

Fully fitted and finished bathrooms

Professionally landscaped garden

Complete finishing of the terrace and swimming pool

Villa Under Construction:
1st Payment: Upon reservation – 2%
2nd Payment: Upon signing the contract – 28%
3rd Payment: Upon completion of foundation piling – 20%
4th Payment: Upon completion of concrete structure and roof – 15%
5th Payment: Upon completion of wall construction – 15%
6th Payment: Upon completion of flooring, painting, installation of windows and door frames – 10%
7th Payment: Upon installation of built-in furniture, kitchen, and registration of land transfer – 10%

Completed Villa:
1st Payment: Reservation deposit – 2%
2nd Payment: Signing of the sales and purchase agreement within 30 days of reservation – 48%
3rd Payment: Transfer of ownership – 50%

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.

View: Pool view

Ownership type: Villa: Freehold ownership, Land: Long-term leasehold for 90 years

Land square: 803-1457

Building square: 511-706

Floors: 1

Location area

Distance to the sea: 3 km

Activities: «Maya Beach Club» (7.3 km), «Catch Beach Club» (8 km)

Spa/Resorts: «Banyan Tree Spa» (5.3 km), «Oasis Spa» (5.6 km), «Anantara Layan Phuket Resort» (4.2 km), «Amla Layan » (950 m)

Supermarkets: «Villa Market - Boat Avenue» (4.5 km), «Tops Daily Porto de Phuket» (4.4 km), «Makro Thalang» (6.3 km)

Restaurants/Cafe/Bars: «BARTELS Bang Tao» (4.3 km), «Suay» (7.6 km), «Go fresh» (5.8 km), «Zuma Phuket» (4.2 km), «CUT Grill&Lounge» (4.5 km), «Bake» (4.2 km), «Project Artisan» (1.1 km)

Infrastructure

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

Airport: 13 km

Malls: «Porto de Phuket» (4.5 km), «Robinson Lifestyle Thalang» (11 km), «Central Phuket» (22 km)

Schools: «HeadStart International School» (7.3 km), «UWC» (9 km), «British International School» (14 km), «HEI Schools Phuket» (12 km)

Tennis courts: 3.8 km

Is it possible for a foreigner to buy property in full ownership in Thailand?

Buying property in Thailand is a process that can raise many questions for foreigners, especially when it comes to ownership rights and property registration options. Let’s take a closer look at how one can acquire property in Phuket and what options are available for foreign nationals.

- Buying apartments in a condominium

According to Thai law, foreigners have the right to purchase apartments in condominiums in full ownership, also known as “freehold.” This means that you become the rightful owner of your apartment. The only limitation is that the share of foreign owners in one condominium cannot exceed 49% of the total number of apartments. This ensures that the majority of the property remains in the hands of Thai citizens. Alternatively, there is the long-term leasehold option (30+30+30 years).

Developers usually offer buyers the choice between two main options: “freehold” (full ownership) and “leasehold” (long-term lease). The choice depends on your preferences and long-term plans, as well as the developer from whom you are purchasing the property.

- Buying land and a villa

Acquiring land and a villa is a more complex process for foreigners, as under Thai law, land can only be fully owned by a Thai citizen or a Thai company. However, there are legal ways to acquire a villa:

1. “Leasehold”
   Long-term land lease + freehold house. In this case, you lease the land (usually for a period of up to 30 years with the option to extend) and become the full owner of the house. This is a convenient and popular option for foreigners wishing to own property in Thailand.
   
   

2. “Freehold” – full ownership of land and building through a Thai company. For this, you need to register a Thai company to which the land will be transferred. This option allows full ownership of both the land and the building but requires additional effort and consultation with legal specialists.
   
   

3. “Leasehold land + leasehold building” – this option involves long-term lease agreements for both the land and the building. It is the least expensive and simplest method of property ownership, especially if your plans involve temporary living or renting out the property. It also benefits from significantly lower taxes in case of a resale.
   
   

Conclusion:
Foreigners have several legal ways to acquire property in Thailand, and the choice depends on your personal goals and preferences. Whether it’s purchasing apartments with full ownership rights or registering a long-term land lease for a villa, it is always best to consult with professionals to choose the most suitable and safe option.

If you are considering purchasing property in Phuket, our team at Get Your Phuket will help you navigate the intricacies of local laws and offer the best options tailored to your needs.

Is it possible to take out a loan to buy real estate in Thailand?

Rarely, but such lending is provided by commercial banks under the following conditions:

• The maximum loan amount is up to 50% of the appraised value of the property;
• The maximum loan term is up to 10 years;
• The interest rate depends on the specific property after its appraisal, and typically ranges from 6-8%;
• It is important to note that the property is collateralized by the bank.

Procedure for obtaining a loan:

• The bank analyzes the developer’s activity and reviews the documents;
• The bank's specialists conduct an appraisal of the property's market value.

If the decision is positive, the loan is approved. Only your passport will be required.

Additionally, when purchasing new real estate, there is always the option to use an installment plan from the developer. The installment plan is interest-free for the duration of the construction of the condominium or villa, with payments made in stages.

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

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

How does the buying and selling transaction work when purchasing property on the secondary market

The process of purchasing property on the secondary market in Thailand includes several stages, similar to the process of acquiring property from a developer. It starts with selecting a property, verifying the ownership rights, signing the sale and purchase agreement, and ends with registering the transaction at the Land Department. An important aspect is agreeing on terms such as the payment of taxes and fees.

What are the advantages of buying property in Phuket?

Gardens of Eden is a unique, truly luxurious oasis for relaxation, healthy living, and beauty. Gardens of Eden stretch across a coastal area. Residential properties here harmoniously coexist with untouched nature, with 70% of the scenic area devoted to parks, gardens, and lakes.