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The Lantern
(Write Review)
Ko Kaeo, Phuket Town, Phuket
For Sale
1 Unit
฿13,500,000
For Rent
1 Unit
฿55,000
The Lantern in Ko Kaeo, Phuket
The Lantern is a house and villa project located in Ko Kaeo, Phuket and was completed in Jun 2008. It has 16 units
About The Lantern
The Lantern Phuket Resort and Residence is the name of a neo weekend villas together with private pools where belongs all the modernized, luxury and necessary facilities provided for you with most special care. We guarantee we are second to none.
The Lantern Resort presents three-floor villas, with a lobby, two spacious living rooms, the fullest set of kitchen for villas, three bedrooms and a private open-air pool. Additionally, there are contemporary technologies waiting for you to impress, an elevator. Every villa provides guest a private lift and electricity system which is able to adjust brightness according to surrounding things just in one touch.
Lantern is situated at the heart of the Phuket island. A minute to everywhere is our slogan.
Prices by Room Types
Available Units at The Lantern
For Sale 1
For Rent 1
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Price
Size
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Beds
Baths
Storeys
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Facilities
Leisure
Communal Pool
Jacuzzi
Communal Pool
Jacuzzi
Convenience
Car Parking
Car Parking
Safety
24H Security
24H Security
Management
Common Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿70/SqM
Sinking Fund
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Horizon Residence Koh Samui the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Frequently asked questions
The common area maintenance fee for properties at The Lantern is a fixed amount of ฿5,000. This amount 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.
Royal Phuket Marina is the nearest Pier from The Lantern and it is 1.1 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.
After you have found the right property at The Lantern you have to follow these steps:
- - Agreement of terms and conditions
- - Reservation Agreement
- - Reservation Deposit
- - 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.
- - 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?
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.
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Phuket
Ko Kaeo
Neighborhood Overview
-
Buy
฿1.74M - ฿381M -
For Sale on FazWaz
61 properties -
Rent
฿10K - ฿125K -
For Rent on FazWaz
11 properties -
To The British International School
2.5 km / 7 minutes by driving -
To Phuket International Airport
22.6 km / 30 minutes by driving
Location and Neighborhood
Surrounding area
The Lantern is conveniently located just 810 m from 7-Eleven in PTT, which can be reached within 10 mins. by foot.
There are many other shops situated in the area of The Lantern , the 3 closest being:
- 7-Eleven Si Sunthon Road is 7.4 km away (an approx. drive of 4 mins.)
- Mini Big C is 3.8 km away (an approx. drive of 10 mins.)
- 7-ELEVEN Monument 1 is 5.5 km away (an approx. drive of 5 mins.)
The surrounding area, where The Lantern is situated, offers a wide variety of restaurants. See the closest of them below:
- Teak Trak Subdistrict is 520 m away (a walk of about 7 mins.)
- Saki Kitchen is 340 m away (a walk of about 4 mins.)
- Sakien Kitchen Koh Kaew is 340 m away (a walk of about 4 mins.)
Kowit Clinic Koh Kaew Branch Kowit clinic Koh kaew branch is the nearest health facility, which is 1.4 km away (you can drive there in 2 mins.) from the project, while the closest schools in the proximity of The Lantern are:
- Muslim Witthaya School is 700 m away (about 9 mins. by foot)
- Phuket Proms Sunday Practice is 800 m away (about 10 mins. by foot)
- Mutsalim Witthaya Phuket School is 700 m away (about 9 mins. by foot)
Phuket International Airport is located 24.8 km from The Lantern and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.
