ВО-124 ·

Villa ·

Bang Tao/Laguna

 · 3.5 km from the sea

 · Building in progress

Erawana Grand | Villa | 4 bedrooms

4

Bedrooms

5

Bathrooms

533-630 sq. m

Building square

In progress

Status

Cost

49 500 000 – 76 605 075 ฿

1 460 177 – 2 259 737 $

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About the Project:

Erawana Grand is a luxurious complex consisting of 9 exclusive villas, with plot sizes ranging from 702.72 to 972.52 m². Three of the villas are already built, fully furnished, and ready for occupancy, while the frameworks for the remaining villas have been constructed, and internal finishing work is currently underway.

The villas feature high ceilings (up to 8 meters) and offer four bedrooms with direct access to the pool. On the second floor, there is a terrace with a multifunctional area, which is perfect for relaxation, barbecues, and hosting gatherings with family and friends.

Despite their traditional design, the villas meet modern standards, including high-quality appliances, plumbing, and finishing materials.

The project also offers a flexible payment plan with the option of installment payments.

Location:
Erawana Grand is conveniently located near Layan and Bang Tao beaches, and close to the Laguna Phuket integrated resort, Blue Tree Phuket entertainment center, Porto De Phuket shopping mall, and Boat Avenue.

About the Developer:
Erawana Co., Ltd., founded in 2002, has completed over 15 residential projects, including more than 150 villas in Phuket. The company is part of the SEACON Group, a major Thai conglomerate with diversified business interests, including construction. One of the company’s key policies is to complete the villa construction before selling it.

View object plan

What is included

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

Payment stages

Payment Plan (Villa Under Construction): 1st Payment: Reservation deposit – 2% 2nd Payment: Signing of Sales & Purchase Agreement (within 30 days of reservation) – 28% 3rd Payment: Completion of foundation pillars – 20% 4th Payment: Completion of concrete structure and roof structure – 15% 5th Payment: Completion of walls – 15% 6th Payment: Completion of floor finishing, painting, windows and door frames – 10% 7th Payment: Built-in furniture, kitchen, ownership transfer, and land registration – 10% Payment Plan (Ready-to-Move Villa): 1st Payment: Reservation deposit – 2% 2nd Payment: Sales & Purchase Agreement (within 30 days of reservation) – 48% 3rd Payment: Ownership transfer – 50%

Payment Options

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.

Object information

View: Pool view

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

Land square: 702.72-972.52

Building square: 533-630

Floors: 1

Object options

Location area

Distance to the sea: 3.5 km

Spa/Resorts: «Banyan Tree Spa» (5.2 km), «Serenity Spa» (5.5 km), «Anantara Layan Phuket Resort» (4.1 km), «Amla Layan » (700 m)

Supermarkets: «Villa Market - Boat Avenue» (4.4 km), «Tops Daily Porto de Phuket» (4.2 km)

Restaurants/Cafe/Bars: «BARTELS Bang Tao» (5.8 km), «JAMPA» (4.2 km), «Little Paris» (5.4 km), «Zuma Phuket» (4.1 km), «Project Artisan» (110 m)

Infrastructure

  • Security
  • Swimming pool(yes)
  • Parking

Location

Airport: 12 km

Malls: «Porto de Phuket» (4.3 km), «Robinson Lifestyle Thalang» (10 km), «Central Phuket» (21 km)

Schools: «HeadStart International School» (7 km), «UWC» (8.8 km), «HEI» (11 km)

Golf fields: 5.3 km

Frequently Asked Questions

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.

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.

Location

Bang Tao/Laguna · 3.5 km from the sea

Cost

49 500 000 – 76 605 075 ฿

1 460 177 – 2 259 737 $

Picture of Alexandra Komaromi

Alexandra Komaromi

Head of Sales and Service Department

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