Banyan Tree Grand Residences - Beach Terraces

 (Write Review)
Choeng Thale, Thalang, Phuket
Sep 2024 Completed
15 Units
86,111 Sqft Project Area

Overview of Banyan Tree Grand Residences - Beach Terraces in Choeng Thale, Phuket

Banyan Tree Grand Residences - Beach Terraces is a house and villa project located in Choeng Thale, Phuket and was completed in Sep 2024. It has 15 units and was developed by Banyan Group Residences, who is also behind Laguna Seaside, Skypark Elara Lakelands and Skypark Celeste Laguna.

Available Units at Banyan Tree Grand Residences - Beach Terraces

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View All (3)
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
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : No

Management

Common Area Management 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.
$1/SqM
Electricity Price : Government Rate
Water Price : Government Rate
Pets : All Kind of Pets Allowed

Payment Plan

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
$2,900
1st Installment
Upon contract signing
20%
2nd Installment
when construction is 25% complete
20%
3rd Installment
when construction is 50% complete
20%
4th Installment
when construction is 75% complete
20%
5th Installment
On completion
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$2,900
1st Installment
Upon contract signing
20%
2nd Installment
when construction is 25% complete
10%
3rd Installment
when construction is 50% complete
10%
4th Installment
when construction is 75% complete
10%
5th Installment
On completion
50%

Master Plan

About the Developer - Banyan Group Residences

All Banyan Group Residences Projects
18 Projects 3,450 Units

Discover Banyan Group Residences, a world-leading publicly listed company renowned for its excellence in real estate development. With over 30 years of experience, Banyan Group offers a diverse range of residential brands, catering to both affordable and luxury markets across various international locations. As an owner, you'll enjoy exclusive benefits that enhance your living experience, setting Banyan Group Residences apart as a leader in the industry.

Frequently Asked Questions

Frequently asked questions about Banyan Tree Grand Residences - Beach Terraces
All kind of pets are allowed at Banyan Tree Grand Residences - Beach Terraces including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at Banyan Tree Grand Residences - Beach Terraces is $1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Beach is the nearest Beach from Banyan Tree Grand Residences - Beach Terraces and it is 0.2 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 Banyan Tree Grand Residences - Beach Terraces 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
$2,900
1st Installment
Upon contract signing
20%
2nd Installment
when construction is 25% complete
20%
3rd Installment
when construction is 50% complete
20%
4th Installment
when construction is 75% complete
20%
5th Installment
On completion
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$2,900
1st Installment
Upon contract signing
20%
2nd Installment
when construction is 25% complete
10%
3rd Installment
when construction is 50% complete
10%
4th Installment
when construction is 75% complete
10%
5th Installment
On completion
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

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Phuket
Choeng Thale
Neighborhood Overview of Choeng Thale, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Banyan Tree Grand Residences - Beach Terraces is located 3.7 km away from 7-Eleven, Khok Tanod Branch, Soi 12 (14167) and it can be reached within 6 mins by car.

There are many other shops situated in the area of Banyan Tree Grand Residences - Beach Terraces, the 3 closest being:
- Chill Chill Market at Canal Village is 3.1 km away (an approx. drive of 8 mins.)
- JT is 2.4 km away (an approx. drive of 5 mins.)
- Canal Village Laguna Shopping is 2.5 km away (an approx. drive of 6 mins.)

The surrounding area, where Banyan Tree Grand Residences - Beach Terraces is situated, offers a wide variety of restaurants. See the closest of them below:
- Sand & Sea Bar is 340 m away (a walk of about 4 mins.)
- Family Beach Restaurant and bar is 580 m away (a walk of about 7 mins.)
- Na Layan - Chef's Table and Alfresco is 2.3 km away (approx. 4 mins. by car)

Bangkok Hospital Clinic Bangtao is the nearest health facility, which is 2.5 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Banyan Tree Grand Residences - Beach Terraces are:
- Ban Nok Le School is 2.1 km away (an approx. drive of 4 mins.)
- Hand Start is 4.1 km away (an approx. drive of 7 mins.)
- To the is 4.1 km away (an approx. drive of 7 mins.)

Phuket International Airport is located 15.2 km from Banyan Tree Grand Residences - Beach Terraces and it takes about 26 mins. by car or taxi (depending on the traffic) to get there.

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