Developer Payment Plans / Installment Purchase
Terra Grove Layan
Phuket, Thailand
About This Property
Terra Grove Layan is a condominium project by Serene Innovations & Developments located in the Layan area of Phuket. The development offers units with 1, 2, and 3 bedrooms, ranging from 54 to 138 sq m. Prices start from THB 8,316,000. Completion is scheduled for Q3 2028. On-site facilities include: • Swimming Pool • Gym, Sauna, SPA, Yoga Area • Co-Working Space, Meeting Room • Cafe, Restaurant, Bar, Bakery • Kids' Zone, Pet Park Layan is an established residential area in northern Phuket with good access to local amenities and the main road network. The project is currently under construction.
Opportunity Terms
- Starting Price
- $252,643
- Handover Quarter
- Q3 2028
- Payment Plan Summary
- 6-step installment plan
- Unit Types Summary
- 1 Bedroom from 54 m² · 2 Bedrooms from 81 m² · 3 Bedrooms from 138 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
- 6.4%
Payment Schedule — Active plan
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation fee | — | $6,056 | Reservation fee |
| Payment 1 15 days after reservation / upon signing contract | 35% | $88,140 | Payment 1 15 days after reservation / upon signing contract |
| Payment 2 Construction start | 20% | $50,353 | Payment 2 Construction start |
| Payment 3 Super structure completion | 20% | $50,353 | Payment 3 Super structure completion |
| Payment 4 Unit completion | 15% | $37,757 | Payment 4 Unit completion |
| Payment 5 Upon transfer (Minus Reservation Fee) | 10% | $25,192 | Payment 5 Upon transfer (Minus Reservation Fee) |
Unit Variations
1 Bedroom
$252,643
2 Bedrooms
$423,259
3 Bedrooms
$673,837
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
$1,605
Est. Monthly Income
$1,120
Est. Annual Income
$13,595
Gross Yield
7.3%
Net Yield
5.4%
Est. 5-Year Value
$353,167
Est. 5-Year ROI
67%
Assumptions
Provider default: purchase price 8,316,000, monthly rent 53,000, 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, low-density area between the national park and Laguna resort zone. Layan Beach is 1.7 km away; Bang Tao Beach is 4.1 km. The area suits families and buyers wanting seclusion with resort amenities nearby. Layan Beach 1.7 km away • Airport 7.5 km, ~15 min • Nearest clinic 4.9 km
Daily Convenience
A 7-Eleven is 1.7 km away; additional minimarts and a pharmacy are within 2.8 km.
Closest convenience stop, 1.7 km, rated 4.7.
Local minimart, 2.8 km, basic supplies.
Second 7-Eleven option, 2.8 km, rated 3.9.
Pharmacy at Layan beach area, 2.8 km.
Beach & Nature
Three beaches within 4.1 km and a national park visitor centre at 1.2 km.
Quiet beach, 1.7 km, national park zone.
Small, calm beach, 2.8 km, less crowded.
Long beach, 4.1 km, Laguna resort frontage.
National park visitor centre, 1.2 km, rated 4.6.
Food & Dining
Four dining options within 2.7 km, from affordable southern Thai to upscale resort restaurants.
Top-rated southern Thai, 1.2 km, 317 reviews.
Resort restaurant, 1.7 km, highly rated, 611 reviews.
Expensive bar with views, 1.9 km, 365 reviews.
Mid-range dining, 2.7 km, 565 reviews.
Health & Safety
Nearest medical clinic is 4.9 km; three additional clinics within 7 km.
Nearest clinic, 4.9 km, rated 4.8, 269 reviews.
General clinic, 5.4 km, rated 4.8, 338 reviews.
Clinic, 6.2 km, rated 4.9, 314 reviews.
Aesthetic clinic, 6.9 km, rated 4.9.
Kids & Education
International kindergartens from 4.3 km; family café and activity options from 5.5 km.
International kindergarten, 4.3 km, rated 5.0.
Family-friendly café, 5.5 km, mid-range prices.
International school, 7.3 km, rated 4.9.
International nursery and preschool, 8.5 km, rated 5.0.
Getting Around
Phuket International Airport is 7.5 km away, approximately 15 minutes by car.
Main international airport, 7.5 km, ~15 min drive.
Airport access point, 7.8 km, 397 reviews.
Airpark facility, 12 km, rated 4.9.
Flying club, 13 km, rated 5.0.
Sports & Leisure
Golf, spa, Muay Thai gym, and massage options within 7 km.
18-hole golf course, 4.5 km, Laguna complex.
Highly rated spa, 5.4 km, 2,926 reviews.
Muay Thai and MMA gym, 5.9 km, rated 4.8.
Massage near airport, 6.9 km, 2,014 reviews.
Nightlife & Entertainment
Casual dining, café, beach club, and a resort hotel with entertainment within 3.2 km.
Artisan café-restaurant, 3.1 km, mid-range, 970 reviews.
Popular café, 3.1 km, rated 4.8, 556 reviews.
Resort hotel with facilities, 3.1 km, 3,353 reviews.
Beach club, 3.2 km, on Nai Thon Beach.
$252,643