Laguna Park is located adjacent to Laguna Phuket, a fully integrated resort and residential community along the island’s stunning west coast and the development also overlooks the manicured fairways of Laguna Phuket Golf Course.
Offering a choice of appealing yet affordable primary and second homes in a secure resort environment, Laguna Park is an inspired new addition to Phuket's residential community, boasting an unrivalled combination of Townhomes and Villas.
Surrounded by the turquoise waters of the Andaman Sea and fringed by golden shores, Phuket is an island that compels travelers to visit from around the world.
Reaching Phuket is easy with direct flights from main cities around the world. The island is also linked to Thailand’s mainland by road.
Laguna Phuket itself is located in a prime west coast area of Phuket with proximity to an abundance of facilities. Local shopping malls, international schools and world-class hospitals are all close by, while Phuket’s international airport can be reached by car in just 25 minutes.
- 50 Km. East to Phi Phi Island
- 40 Km. North to James Bond Island
- 90 Km. North West to Phang Nga
- 60 Km. East to Krabi (via boat)
- 1Outrigger Hotel Phuket Beach Resort
- 2Cassia Beach
- 3Dusit Thani Laguna Phuket
- 4Cassia Hotel
- 5Canal Village Shopping
- 6Xana Beach Club
- 7Baan Talay Restaurant
- 8Angsana Poolside
- 9Bodega Restaurant
- 10Angsana Lobby
- 11Banyan Tree Spa
- 12Banyan Tree Lobby
The Sanctuary club
Experience ultimate lifestyle within worldwide network under the Banyan Tree Group. Membership is exclusively offered to the owners of Laguna, Banyan Tree, Angsana and Cassia properties only.View Benefits
- Rental Options
- Property Management
- Infrastructure & Common Areas
Q: What type of ownership is available?
Townhomes and Villas are available on a leasehold basis. Leases are registered with the government (currently for a maximum period of 30 years as permitted by law) and are renewable. However, the buildings are sold as freehold.
The cost of lease renewals will be borne by the lessee according to the contracts.
According to current Thai Law, non-Thai’s are entitled to own the buildings developed upon the land leased by them, but not the land itself. Land will be available for freehold purchase by Thai buyers once a land subdivision is completed.
Upgrading land from leasehold to freehold title for the Townhomes and Villas will be available once a land subdivision is completed, provided that the lessee is eligible under relevant Thai laws and regulations to take transfer of and own the land (currently, non-Thai’s are prohibited to acquire land on a freehold basis).
Q: What are the costs associated with the lease / freehold registration?
These are outlined below:
- Leasehold land
Lease registration fees and stamp duty (currently 1.1% of the rental or lease premium) is payable to the Land Department upon registration of the lease.
Freehold registration fee (2% of the appraisal price of building) is payable to the Land Department upon transfer and registration of ownership of the buildings. The appraisal price is calculated relative to the government’s tax assessment value. Other applicable taxes upon transfer and registration of ownership of the freehold buildings are:
- Corporate Income Tax
(Currently 1.0% of the selling price or appraisal price, whichever is higher)
- Special Business Tax
(Currently 3.3% of the selling price or appraisal price, whichever is higher)
- Corporate Income Tax
The burden between the seller and the purchaser for the above costs will be specified in the Lease and/or Sale & Purchase Agreements.
Note: Applicable registration fees and tax rates are current but may be subject to change by the relevant Thai authorities.
- Leasehold land
Q: Is leasehold land transferable?
Yes. Leasehold land may be transferred subject to the terms and conditions of the lease agreement. Generally, a small fee is payable. In addition, the new owner must agree to be bound by the terms and conditions contained in the original lease agreement.
Q: Is leasehold land ownership secure?
Leasehold land ownership is the preferred method of ownership for non-Thai. Once the lease is registered at the Land Department, the owner’s rights to the land will be officially recognized.
Q: When will the lease / house transfer registration take place?
Approximately 90 days after full payment has been received and construction is complete. We will notify the owner of any documents and fees required for registration.
Q: Should I appoint a lawyer to review the agreements?
Our agreements have been used for a number of years and have been reviewed by major international law firms. We have our own in-house legal team which will assist to clarify any questions you may have concerning the agreements. However, should you wish to obtain specific advice regarding the structuring of your investment, we recommend you consult with a professional legal and/or financial adviser.
Q: What is the measurement of square wah?
Our agreements indicate the property’s areas with land measurement under the Thai system set by the Land Department. The most commonly used land measurements are as follows:
- - One rai equals 1,600 square meters
- - One ngan equals 400 square meters
- - One square wah equals 4 square meters
Q: Types and number of units in this project?
Phase 1 is planned to comprise of approximately 250 Townhomes and Villas.
A condominium is also planned (shown as “future development”).
Q: What is the project area?
Phase 1 is a total area of 53 rai. The individual project areas of the Townhomes and Villas will be specified in the relevant agreements.
Q: How long does construction take?
Generally it will take approximately 12 - 18 months to complete construction of the Townhomes and Villas.
Q: Is a warranty period offered?
Yes. A one year building structure warranty is offered from the date of completion of construction for the Town Homes and Villas.
Q: What is included in the property?
Wardrobe, kitchen and landscaping is included (refer to specifications). Upgrade options for the Townhomes and Villas (refer below) are available at an additional cost. Loose furniture is not included.
Q: Is customization of the building allowed?
All of our residential properties have been professionally designed by professional architects and engineers and construction must be in accordance with building permits issued by the Government authorities. Upgrade options for the Townhomes and Villas (at an additional cost) include enclosing the gazebo on the roof top into a multi-purpose room, and a swimming pool (Villa only). Other minor modifications for the Townhomes and Villas which do not breach the construction permit and do not impact the building structure such as internal partitions, built-in furniture, etc and which do not affect the overall aesthetics of the project may be done after house hand over (subject to developer approval).
Q: Cost for water and electricity meter installation?
The electricity meter deposit is THB15,000 and water meter deposit is THB5,000
(these may be subject to change by the relevant government authority).
Q: Is there a rental program available?
Yes, Laguna Property will provide an optional rental/letting service for individual owners but a hotel-type managed rental program is currently not contemplated. A market-rate commission will be charged based upon the rental value.
Q: What are the taxes levied on the rental income?
Generally, rental income earned by non-resident (foreign) owners is subject to 15% withholding tax whereas rental income earned by Thai tax resident is subject to 5% withholding tax.
Note: Applicable tax rates are current by may be subject to change by the relevant Thai authorities.
Q: Can I rent out the property by myself short term and/or long term?
Yes, terms and conditions will apply.
Q: What types of property management services are offered and what is the approximate cost?
In addition to common area property management by Laguna, optional property management services by Laguna are available to individual owners such as housekeeping, pool cleaning, gardening, routine and preventative maintenance, general repairs and pest control. Please contact the Property Sales Centre for further details.
Q: What privileges will I receive as an owner?
Owners will receive a ‘Sanctuary Club’ card which entitles holders to discounts and privileges at all Banyan Tree, Angsana and Laguna Resorts worldwide.
- - 30% discount on best available rates for hotel accommodation
- - 25% discount on food and beverage
- - 20% discount on golf green fees
- - 20% discount on a-la-carte spa menu
- - 15% discount on gallery merchandise
- - 15% discount on in-house tours
- - 15% discount on laundry
- - 10% discount airport and ferry terminal transfers
- - Priority wait-list on reservations
- - Early check-in / late check-out
**Terms and conditions apply.
Q: Will the property come with a golf membership?
Villa owners will be provided with a 5 year golf membership at Laguna Phuket Golf Club.
What infrastructure facilities and services are provided?
Being an owner in Asia’s leading resort, a collection of hotels with their restaurants, rejuvenating spas, recreation facilities (including the acclaimed Laguna Phuket Golf Club) and Canal Village shops are all within easy reach via the inter-resort shuttle bus and ferry services.
The infrastructure facilities and services meet the same high standards of the hotels and include:
- - Security – 24-hour security guards.
- - Roads – private internal roads.
- - Electricity – power provided by the Provincial Electricity Authority.
- - Water – water from reservoirs within the complex and/or the Provincial Water Authority.
- - Landscaped area – open space for recreational use by owners.
- - Communications – each property is provided with telephone lines. Broadband and cable TV connections may be separately arranged.
- - Garbage collection – provided on a daily basis by Laguna Service Company.
- - Estate Management – a dedicated team of Laguna Estate Services oversees the 24-hour security, garbage collection, gardening and landscaping, general cleaning and ongoing maintenance of common areas.
Q: What are the estimated common area charges?
The common areas are managed on behalf of owners by our dedicated estate management team. The annual charges that apply differ by development depending upon the total expenses and the total number of properties within a particular development among which the expenses will be proportionately divided. The initial estimated fee for Townhomes and Villas shall be Baht 400 / square wah per year.
In addition, a sinking fund is established for each development. The purpose of the sinking fund is to accumulate funds for major infrastructure repairs and/or improvements which may be undertaken in the future. Rather than charge a large upfront amount, contributions will be sought on a regular basis so that the fund is built up over time. The initial estimated fee for the Townhomes and Villas shall be Baht 100 / square wah per year.
Q: Are pets allowed?
Yes, subject to rules and regulations.
Q: What are the terms of payment?
There are 2 options available:
Option 1: 100% Payment upon purchase / during construction
100% payment upon purchase for already completed properties. Progressive payments for properties under construction are as per the table below.
Construction Payment Term Of Selling Price 1st Payment upon signing contact 20% 2nd Payment when construction is 25% complete1 20% 3rd Payment when construction is 50% complete2 20% 4th Payment when construction is 75% complete3 20% 5th Payment upon completion of construction 20% Total 100%
1. Concrete structure substantially complete
2. Roof, brickwork and rendering substantially complete
3. Electrical conduits, pipe work and plastering substantially complete
Option 2: 50% payment upon purchase / during construction with 50% deferred payment over 1, 3 or 5 years
50% payment upon purchase for already completed properties. Progressive payments for properties under construction (50% during construction / 50% post construction) as per the table below
Deferred Payment Plan Of Selling Price 1st Payment upon signing contract 20% 2nd Payment when construction is 50% complete1 10% 3rd Payment when construction is 75% complete2 10% 4th Payment upon completion of construction3 10% Post construction payments4 50%
Financing Options Interest Rate
1 Year (12 monthly installments) 3% 3 Year (36 monthly installments) 5% 5 Year (60 monthly installments) 7%
1. Concrete structure substantially completed
2. Roof, brickwork and rendering substantially completed
3. Electrical conduits and pipe work substantially completed
4. See table below
Price Reservation Deposit Construction Completion
Payment 50% (Minus Deposit)
Remaining Post Finance 50% Monthly Installment 1 Year (3%) 3 Year (5%) 5 Year (7%) 9,000,000 100,000 4,400,000 4,500,000 381,122 134,869 89,105 9,500,000 100,000 4,650,000 4,750,000 402,295 142,362 94,056 10,000,000 100,000 4,900,000 5,000,000 423,468 149,854 99,006 10,500,000 100,000 5,150,000 5,250,000 444,642 157,347 103,956 11,000,000 100,000 5,400,000 5,500,000 465,815 164,840 108,907 11,500,000 100,000 5,650,000 5,750,000 486,989 172,333 113,857 12,000,000 100,000 5,900,000 6,000,000 508,162 179,825 118,807 12,500,000 100,000 6,150,000 6,250,000 529,336 187,318 123,757 13,000,000 100,000 6,400,000 6,500,000 550,509 194,811 128,708 13,500,000 100,000 6,650,000 6,750,000 571,682 202,304 133,658 14,000,000 100,000 6,900,000 7,000,000 592,856 209,796 138,608 14,500,000 100,000 7,150,000 7,250,000 614,029 217,289 143,559 15,000,000 100,000 7,400,000 7,500,000 635,203 224,782 148,509 16,000,000 100,000 7,900,000 8,000,000 677,550 239,767 158,410 17,000,000 100,000 8,400,000 8,500,000 719,896 254,753 168,310 18,000,000 100,000 8,900,000 9,000,000 762,243 269,738 178,211 19,000,000 100,000 9,400,000 9,500,000 804,590 284,724 188,111
1. All amounts are stated in Thai Baht (THB).
2. The above table sets out the estimated payments required under the respective payment plans for selling prices between THB 9,000,000 – 16,000,000.
3. The estimated payments are indicative only and the developer / seller does not accept any responsibility or liability whatsoever for any inaccuracies or omissions.
4. Payment terms are subject to change without notice.