4 Bedroom Villa for sale at Laguna Village Residences Phase 8

(1 Review)
Choeng Thale, Thalang,Phuket
Unit ID: U1162020
7% GUAR. RETURN FOR 5 YEARS
4 Bedrooms
5 Bathrooms
671 SqM Indoor Area
2 Storeys
Apr 2015 Completed

About This Villa

This property is a 671 SqM villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Laguna Village Residences Phase 8 project in Choeng Thale, Phuket and was completed in Apr 2015. You can buy this villa for a base price of £1,070,000 (£1,590/SqM).

Stunning 4 Bedrooms Villa with Lake View in Laguna

This two-storey Lakefront property is equipped with four bedrooms, en-suite bathrooms, walk-in closets, open-plan living area, fully-equipped kitchen, maid’s quarters, multipurpose room, indoor gym, private swimming pool, Thai sala with scenic Lake views, utility area, parking space for two vehicles, and a large tropical garden. Very suitable for living and investment. Yearly ROI is roughly 7-10% annually.

Features

Private GymPrivate Gym Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Outdoor SalaOutdoor Sala Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Oct 10, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Laguna -1.5 Km
Indoor Area 671 SqM
Price per SqM £1,590
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 1,464 SqM
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company
Land Title Deed Chanote
Construction Completed (Apr 2015)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Lake View, Mountain View, Pool View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 2
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
£320/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1162020

Investment Opportunity: Charges & Yield

CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
£320/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Guaranteed Rental Return
7%
Guarantee Duration
5 Years

Project Details

Developer: Laguna Property
Construction: Completed (Apr 2015)
Units: 34
Project Area: 8,000 SqM
Nearest Landmark Laguna - 1.5 Km
Location: Choeng Thale, Phuket
Laguna Village Residences Phase 8 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

All kind of pets are allowed at Laguna Village Residences Phase 8 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is £0 per square meter based on the plot size of the property and is £320 for this villa. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Laguna is the nearest Development from Laguna Village Residences Phase 8 and it is 1.5 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Laguna Village Residences Phase 8 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
£2,180
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
20%
3rd Installment
50% construction completion
20%
4th Installment
75% construction completion
20%
5th Installment
completion of construction
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£2,180
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
10%
3rd Installment
50% construction completion
10%
4th Installment
75% construction completion
10%
5th Installment
Post construction payments
50%


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality villas in the Laguna area
Mallory Schertz, Germany, 4 years ago
I am interested in Laguna Vintage Residences Phase 8, so I decided to visit a project's showroom. The staff gave me an insightful suggestion that the project itself is located in a good location. It is close to many amenities and close to Phuket's quiet beaches such as Bang Tao Beach, Layan Beach, and Laguna Beach. The project model is such a beautiful design project. I like the color scheme that it uses to decorate it as it matches well and gives a sense of luxury and warmth. Besides, there is an excellent security system as well. Laguna Vintage Residences Phase 8 is a private villa project. I am impressed because it's private, allowing us to live in this quality environment comfortably.
Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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