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The Lake House is a villa development located in Cherng Talay, Phuket, Thailand. t is hotel-managed and features a fitness center, a clubhouse, 24-hour security, CCTV, a reception/lobby area, car parking.
The extremely well appointed 2-story villa consists of two wings at a 90 degrees angle with a free-standing guest house and utility area, with construction completed in Feb 2010. Land size is 2 rais including a strip of the lake (equal to 3,200m2 or 0.83 of an acre), with total construction area of 653m2 (20 percent), the remaining 80 percent being landscaped garden with large lawns, many trees, plant and flowers as well as a 50m2 kitchen garden.
Overall function areas are: Indoor 372m2, with lower level @ 248m2 and upper level @ 124m2. Outdoor 533m2, with lower level @473m2 and upper level @ 60m2. 3-phase power supply with dedicated transformer, central surge protector and meter placed inside the property; ample FREE water supply from the lake connected to an advanced filtering system and 2 water heaters; a massive amount of light sources and power outlets both in- and outdoor with many phone and TV plugs as well as WIFI throughout the house.
All appliances such as stove, hood, dishwasher, main fridge and two mini fridges (master and guest house bedrooms), washing machine, dryer, 12 air-conditioning units and 2 dehumidifiers are all quality brands, in mint condition and only about one year old. Plenty of windows and large, sliding glass doors providing lots of natural light. Throughout the house there's a lot of stunning built-in wooden furniture, tailor-made for the individual rooms.
A developer with decades of experience in construction working on major developments throughout
Thailand. Being contractors themselves, the developer ensures that every detail of construction meets the highest standards by incorporating the best construction
industry practices. To name just a few of the developments;
• Baan Rommai Chailay
• Lakeshore Villas
• Lakewood Hills
• Laguna Residence & Townhouse 1
• Laguna Residence 2
• Layan Gardens
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.
The Lake House is located 1230 from 7-Eleven and it can be reached within 3 mins by car.
There are many other shops situated in the area of The Lake House, the 3 closest being:
- FamilyMart is 1.2 km away (an approx. drive of 3 mins.)
- 23 minimart is 1.4 km away (an approx. drive of 3 mins.)
- 7-Eleven is 1.2 km away (an approx. drive of 4 mins.)
The surrounding area, where The Lake House is situated, offers a wide variety of restaurants. See the closest of them below:
- Khun Lhin Thai Restaurant is 180 m away (a walk of about 2 mins.)
- Mae Lam Duan Restaurant is 240 m away (a walk of about 3 mins.)
- Origami cafe is 710 m away (a walk of about 9 mins.)
Bankok International Hospital, 83,000 is the nearest health facility, which is 4.0 km away (you can drive there in 8 mins.) from the project, while the closest schools in the proximity of The Lake House are:
- iServe Center Thalang is 600 m away (about 7 mins. by foot)
- Ban Don Community Learning Center is 1.6 km away (an approx. drive of 4 mins.)
- Wat Thep Krasattri School is 1.5 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 16.5 km from The Lake House and it takes about 23 mins. by car or taxi (depending on the traffic) to get there.