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Baan Chalong Residences (Phase 1) is a villa development located in Chalong, Phuket, Thailand. It is 3.9km from the beach with 16 villa units completed in January of 2013. It features 24-hour security.Baan Chalong Residences is a residential development located in Chalong.
The development comprises of 16 villas - all with swimming pool and sea view. Large villas, with a pool and a view. Unbeatable value! The villas have 3, 4 or 5 bed rooms depending on plot and design. The villas are built to spec. They are in various stages of completion.
There are a few basic designs that you may still alter somewhat to your liking. The changes that you make will of course make a difference on the price. If you choose cheaper options you may cut some on costs but if you choose options like elevators throughout your villa - the price will go up a little. Elevators cost around 1 M baht to install throughout the three stories of your villa but well may increase the value of your villa a lot more than they cost!
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.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Sales and Purchase Agreement
Settlement & Transfer
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.
#1 - 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.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
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.
Baan Chalong Residences is conveniently located just 660 m from Phuket Minimart, which can be reached within 10 mins. by foot.
There are many other shops situated in the area of Baan Chalong Residences, the 3 closest being:
- 7-Eleven Soi Luang Pho Cham is 760 m away (about 11 mins. by foot)
- Family Mart is 840 m away (about 12 mins. by foot)
- 108 Shop is 5.2 km away (an approx. drive of 13 mins.)
The surrounding area, where Baan Chalong Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- Thamonwan Shop is 460 m away (a walk of about 7 mins.)
- Lobster Dimsom (Local Phuket Food) is 470 m away (a walk of about 8 mins.)
- Cat pendant, made to order is 620 m away (a walk of about 10 mins.)
Blood Test is the nearest health facility, which is 1.4 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of Baan Chalong Residences are:
- Ban Khok Sai Child Development Center, Branch 2 (Ban Chalong) is 240 m away (about 4 mins. by foot)
- Ban Chalong School is 500 m away (about 8 mins. by foot)
- MUSHROOM WORLD is 1.4 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 43.6 km from Baan Chalong Residences and it takes about 1 hour 2 mins. by car or taxi (depending on the traffic) to get there.