Banyan Tree Grand Residences - Beach Terraces

 (Write Review)
Choeng Thale, Thalang, Phuket
Sep 2024 Off Plan
15 Units
8,000 SqM 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 it is scheduled for completion in Sep 2024. It has 15 units and was developed by Banyan Tree Group, who is also behind Banyan Tree Grand Residences - Seaview Residence, Banyan Tree Grand Residences - Oceanfront Villas and Angsana Beachfront Residences.

Available Units at Banyan Tree Grand Residences - Beach Terraces

Get notified when new homes are being added to Banyan Tree Grand Residences - Beach Terraces
View All (5)
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.
฿31/SqM
Pets : All Kind of Pets Allowed

Payment Plan

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
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
฿100,000
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 Tree Group

All Banyan Tree Group Projects
13 Projects 1,560 Units

Luxury Hotel and Resorts Developer Banyan Tree Holdings Limited is poised to increase their presence in the popular South East Asian Beach Destination of Phuket.

The group will be revitalising and expanding its flagship Banyan Tree Phuket resort to house another two brands. Besides the existing Banyan Tree brand, which is catered to couples and families, Banyan Tree Spa Retreat will be developed to serve the wellness segment, while DPV will be launched to cater to the Luxury Travel market.

These are very exciting times for the Banyan Tree group as it is on the crux of redefining its presence with in the global luxury travel market with its extensive expansion blueprint, which includes countries such as Mauritius, China, Vietnam, India and Philippines amongst others and its plans to revitalise its resorts such as Angsana Bintan, Angsana Velavaru and the already mentioned Banyan Tree Phuket.

Despite its major plans for overseas markets, Singapore, where Banyan Tree is based, is still very much part of the group’s plans, as it seeks to strengthen its brand in overseas markets. Said Mr. Arthur Kiong, Managing Director, Hotel Operations (Asia Pacific) & Group Marketing Services, Banyan Tree, “With a captive market of only 4.5million, Singapore has accounted for 7% of our room nights for 2010, with the 3 most popular destinations being Maldives, Phuket and Bintan.”

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 ฿31 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

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

After you have found the right property at Banyan Tree Grand Residences - Beach Terraces you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
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
฿100,000
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

 

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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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