Botanica Modern Loft 1 | Villa | 4 bedroom

-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.

Floors: 1

Location area

Distance to the sea: 6 km

Activities: «Blue Tree» (3 km), «Catch Beach Club» (6.7 km)

Spa/Resorts: «Amla Laguna» (5.9 km), «Serenity » (3.3 km)

Supermarkets: «Villa Market» (3.3 km), «Tops Daily Porto de Phuket» (4 km), «HOME PRO» (3.3 km)

Restaurants/Cafe/Bars: «Tree O'clock Gallery» (70 m), «Go Fresh Cherngtalay» (2.3 km), «Suay » (3.6 km), «Little Paris» (4.3 km), «CUT Grill&Lounge» (6.2 km)

Infrastructure

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

Airport: 18 km

Malls: «Porto de Phuket» (4.1 km), «Robinson Lifestyle Thalang» (6.4 km), «Central Phuket» (19 km)

Schools: «HeadStart International School» (2.5 km), «HEI Schools Phuket» (7.5 km), «British International School Phuket» (13 km)

Golf fields: 9.3 km

Tennis courts: 1.5 km

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.

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 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.

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 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.