Developer Payment Plans / Installment Purchase
Terra Azalea
Phuket, Thailand
About This Property
Terra Azalea is a villa development by Baan Azalea Phuket Co., Ltd, located in the Thep Krasattri district in northern Phuket. The project offers 4-bedroom villas with a total area of 235 sq m each. The development includes a swimming pool. Construction is currently underway, with completion scheduled for Q2 2027. Prices start from 21,500,000 THB.
Opportunity Terms
- Starting Price
- $653,178
- Handover Quarter
- Q2 2027
- Payment Plan Summary
- 7-step installment plan
- Unit Types Summary
- 4 Bedrooms from 235 m²
- Fees
- Freehold (Condominium) (~2-6.3%): Transfer fee 2% + stamp duty 0.5% (or SBT 3.3% if seller held < 5 years) + withholding tax. Total burden varies; split between parties is negotiable Leasehold (Lease) (~0.55%): Registration fee - 1% of total lease value + 0.1% stamp duty. Effective buyer cost ~0.55% of purchase price
- Projected Rental Yield
- 5.4%
- Amenities
- Swimming Pool
Payment Schedule — Active plan
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation Deposit (upon signing the reservation agreement) | — | THB 200,000 | Reservation Deposit (upon signing the reservation agreement) |
| Contract Signing (within 30 days of reservation) | 30% | THB 6,450,000 | Contract Signing (within 30 days of reservation) |
| 1st Installment (Upon completion of foundation) | 15% | THB 3,225,000 | 1st Installment (Upon completion of foundation) |
| 2nd Installment (Upon completion of concrete structure) | 15% | THB 3,225,000 | 2nd Installment (Upon completion of concrete structure) |
| 3rd installment (upon completion of walls & roof structure) | 15% | THB 3,225,000 | 3rd installment (upon completion of walls & roof structure) |
| 4th installment (upon completion of floor tiles, wall finishes, and interiors) | 15% | THB 3,225,000 | 4th installment (upon completion of floor tiles, wall finishes, and interiors) |
| 5th Installment (Upon transfer of ownership & handover) | 10% | THB 2,150,000 | 5th Installment (Upon transfer of ownership & handover) |
Unit Variations
4 Bedrooms
$653,178
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 350,000
Est. Monthly Income
THB 254,000
Est. Annual Income
THB 3,052,000
Gross Yield
18.6%
Net Yield
14.2%
Est. 5-Year Value
THB 30,155,000
Est. 5-Year ROI
111%
Assumptions
Provider default: purchase price 21,500,000, monthly rent 350,000, occupancy 95%, annual appreciation 7%.
Provider/market-based estimates for informational purposes only. Actual rental income, occupancy, expenses, appreciation and returns may vary. Projections are not guaranteed.
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
Neighborhood
To sea: 2015 m. Layan is a quiet inland area in northwest Phuket, primarily residential with low-rise development. Nearest beach is 5.8 km away; daily errands require a car or scooter. Popular with long-term expat families and those working near the airport. Phuket Airport 5.4 km away • Elephant sanctuary 1.5 km from project • Nearest beach (Layan/Nai Thon) at 5.8 km
Daily Convenience
Basic convenience options within 2.7 km; no large supermarket directly nearby.
Local mall, 480m, rated 4.6.
Fuel station with convenience store, 2.7 km.
Standard 7-Eleven minimart, 2.7 km.
Highly rated pharmacy, 5-star, 107 reviews, 2.7 km.
Beach & Nature
Three beaches reachable by car from 5.8 km; elephant sanctuary is a short drive at 1.5 km.
Quiet, less crowded beach; 5.8 km by car.
Calm bay beach, good for swimming; 5.8 km.
Long sandy beach with beach clubs; 7.2 km.
Ethical elephant sanctuary, rated 4.9, just 1.5 km.
Food & Dining
Four dining options within 2.8 km, ranging from a top-rated café to popular local and farm-to-table spots.
Café-bistro, rated 4.9, 231 reviews, 680m away.
Popular local Phuket food spot, 2,591 reviews, 2.3 km.
Farm-to-table restaurant, rated 4.7, 2.4 km.
Highly rated restaurant, 4.8, scenic setting, 2.8 km.
Health & Safety
Four clinics and medical facilities from 2.7 km to 8.9 km, all rated 4.8 or above.
Aesthetic and general clinic, rated 4.9, 2.7 km.
General clinic in Laguna area, rated 4.8, 7.4 km.
English-friendly clinic, rated 4.8, 338 reviews, 7.7 km.
Well-reviewed local clinic, rated 4.9, 8.9 km.
Kids & Education
Three international nurseries and preschools within 9.5 km; family café at 7.8 km.
International kindergarten, rated 5.0, 6.4 km.
Family-friendly café, moderate prices, 7.8 km.
Bilingual preschool program, rated 4.9, 8.2 km.
International nursery and preschool, rated 5.0, 9.5 km.
Getting Around
Phuket International Airport is 5.4 km away; no public transit - car or taxi required.
Main international airport, 5.4 km, rated 4.0.
Airport access point, 5.6 km, rated 4.3.
Light aircraft airpark, rated 4.9, 9.5 km.
Private flying club, rated 5.0, 10 km.
Sports & Leisure
Golf club 3 km away; two massage spots near airport and a top-rated spa at 7.8 km.
Established golf club, two courses, 3.0 km.
Airport-area massage, rated 4.8, 1,817 reviews, 4.6 km.
Popular massage, rated 4.8, 2,014 reviews, 4.7 km.
Top-rated spa, 4.9, nearly 3,000 reviews, 7.8 km.
Nightlife & Entertainment
Four bars, cafés and restaurants within 4.9 km offering evening options from cocktails to beach club dining.
Atmospheric café, rated 4.8, 556 reviews, 3.3 km.
Beach club with dining, rated 4.5, 4.5 km.
Cocktail bar, rated 5.0, 237 reviews, 4.7 km.
Artisan food and drinks, moderate prices, rated 4.6, 4.9 km.
$653,178