Gardens of Eden | Park Residence| 2 Bedroom Apartments

Payment Schedule by Construction Stages:

1st payment: Reservation deposit – 100,000 THB
2nd payment: Upon signing the lease/sale agreement – 35%
3rd payment: Upon completion of the foundation – 20%
4th payment: Upon completion of the structural framework – 20%
5th payment: Upon completion of finishing works – 15%
6th payment: Upon handover of keys – 10%

Installment Plan:

60% during construction:
1st payment: Upon signing the sale/lease agreement – 20%
2nd payment: Upon completion of the building foundation – 15%
3rd payment: Upon completion of the concrete structure – 10%
4th payment: Upon completion of glazing, roofing, brickwork, wiring, and plumbing – 10%
5th payment: Upon handover of keys – 5%

40% after construction:
12 monthly installments over 36 months.

SWIFT transfer: Payment is made under the official sale and purchase agreement and the issued invoice.
Cash payment: Cash payment directly to the developer.
Currency exchange: You may use the services of our partners for convenient currency exchange and transfer of funds to the developer’s account.

Release date - 12/31/2027

Build start - 03/01/2024

Ownership type: Long-term lease or full ownership

Location area

Distance to the sea: 250 m

Supermarkets: «Villa Market - Boat Avenue» (4.5 km), «Makro Thalang» (8 km)

Restaurants/Cafe/Bars: «Little Paris» (4.5 km), «Eden By The Lake» (4.5 km), «Suay» (9.4 km), «Catch Beach Club» (6.9 km), «31.12.2027» (3.9 km)

Infrastructure

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

Airport: 15.1 km

Malls: «Porto de Phuket» (4.9 km), «Robinson Lifestyle Thalang» (12.7 km), «Central Phuket» (24.2 km)

Schools: «HeadStart International School» (25.5 km), «UWC Thailand» (11.3 km), «Headstart International School » (17.1 km)

Golf fields: 1.7 km

What is the process for completing a property purchase from a developer in Phuket?

The process of purchasing property from a developer in Thailand can seem complex, especially if you are dealing with local legal procedures for the first time. However, by following a clear sequence of steps with a professional agency, you can safely and successfully acquire your new home or apartment in Phuket. Below are the main stages of this process.

1. Choosing the Right Property with an Independent Market Expert

   The first step in purchasing real estate is selecting a property that meets your requirements and expectations. It is recommended to consult with an independent market expert who can help assess the prospects of various properties and provide up-to-date information about developers and the terms of the deal.

2. Signing a Reservation Agreement and Paying the Deposit

   After choosing a property, you will proceed to sign a reservation agreement. It is important to carefully review the terms of the agreement, as it formalizes your intention to purchase the specific property. Along with signing the agreement, a deposit is required, the amount of which is set by the developer. Typically, the deposit ranges from 100,000 THB to 2% of the property price. This deposit confirms your commitment and ensures that the property you selected will be reserved for you.

3. Drafting, Reviewing, and Signing the Sales and Purchase Agreement

   The next important step is the preparation of the main sales and purchase agreement. At this stage, the lawyers of both parties review the contract, making necessary changes and clarifications. Once everything is in order, the agreement is signed. This process can take up to 30 calendar days, depending on the conditions outlined in the reservation agreement. Signing the sales and purchase agreement legally solidifies the obligations of both parties and sets the stage for further payment actions.

4. Making the First Major Payment

   After signing the main contract, it is time to make the first major payment, which usually ranges from 20% to 33% of the total property price. Further payments are made according to the schedule outlined in the reservation agreement. These can be either a lump sum payment or a series of regular payments during the construction phase.

5. Registration of Ownership at the Land Department

   Once the property is ready, the process of registering ownership begins. This procedure is usually handled by the developer and their legal team, although you can also appoint your independent lawyer to manage the registration. The registration process at the Land Department takes between 10 to 45 days. It is important to ensure that all documents are properly completed and registered.

6. Final Payment and Receiving the Property Documents

   After the ownership registration process is completed, you will receive a final bill for the remaining amount. Once full payment is made, you will receive documents confirming your ownership of the property. At this stage, you officially become the owner of your new home or apartment in Phuket.

Conclusion:

Purchasing property from a developer in Thailand is a process that requires attention to detail and adherence to legal procedures. Our specialists at Get Your Phuket are ready to guide you every step of the way, ensuring the safety and success of your transaction.

Does the villa match the photos on the website?

Yes, all the villas listed on our website undergo thorough inspections by our rental managers. We guarantee that the photos accurately reflect the condition of the property and match what you will see upon check-in. Moreover, for many of our properties, we have also created video tours, which you can watch on the property's page to get an even more complete understanding before making a reservation.

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.