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A former developer in Bangkok, where he successfully launched Office Central in Sukhumvit, Akaravech sold his shares in the building and went in search of something more exciting. He was specifically looking for locations close to Phuket’s world-renowned beaches, keeping in mind that this popular island was getting bigger and better.
Being a former financial adviser for several businesses and spearheading the building of hotels, hospitals and schools, Akaravech knows the money game well: “I look for things to indulge myself in, but also not to lose money – the goal is always to make money.” He believes tourism is key to reaching this goal. “I strongly believe that Thailand should do nothing but tourism,” he says.
But it’s not all work and no play for this successful businessman. He likes to play and loves rich boys’ toys: “Spoil yourself in the right way,” he says, “and you will be abundantly rewarding yourself!”
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Akra Collection Layan 1 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $5,830 1st Installment Upon contract signing 10% 2nd Installment Foundation Completion 20% 3rd Installment Building Structure Completion 20% 4th Installment Infrastructure Completion 20% 5th Installment Unit Completion 20% 6th Installment On handover 10%
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.
Akra Collection Layan 1 is located 4800 from It's Thon Mart and it can be reached within 8 mins by car.
There are many other shops situated in the area of Akra Collection Layan 1, the 3 closest being:
- Garage is 9.0 km away (an approx. drive of 16 mins.)
- Laundry is 9.0 km away (an approx. drive of 16 mins.)
- Sak yant phuket is 4.4 km away (an approx. drive of 9 mins.)
The surrounding area, where Akra Collection Layan 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Zuma Phuket is 2.1 km away (approx. 4 mins. by car)
- dee plee is 2.1 km away (approx. 4 mins. by car)
- Age Restaurant is 2.4 km away (approx. 6 mins. by car)
Bankok International Hospital, 83,000 is the nearest health facility, which is 4.0 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Akra Collection Layan 1 are:
- Ban Nai Thon School is 4.3 km away (an approx. drive of 7 mins.)
- Phuket Outdoor Adventures is 6.8 km away (an approx. drive of 12 mins.)
- Uncle Butat's Garden, New Theory of Agriculture is 7.5 km away (an approx. drive of 13 mins.)
Phuket International Airport is located 12.4 km from Akra Collection Layan 1 and it takes about 21 mins. by car or taxi (depending on the traffic) to get there.