Developer Payment Plans / Installment Purchase
Erawana Grand
Phuket, Thailand
About This Property
Erawana Grand is a completed villa project by Erawana Co., Ltd. located in Choeng Thale, on the northern part of Phuket island. The development consists of four-bedroom villas ranging in size from 533 to 630 sq m. All villas include a private swimming pool. Prices start from THB 49,500,000. Choeng Thale is a well-established area on Phuket's west coast, close to the Laguna resort zone and the beaches of Bang Tao.
Opportunity Terms
- Starting Price
- $1,503,829
- Handover Quarter
- Q2 2024
- Payment Plan Summary
- 3-step installment plan. Additional variants available: Term of Payment for Finished Villa (Financing Program). Ask Eden Lane for details.
- Unit Types Summary
- 4 Bedrooms from 533 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
- 6.9%
- Amenities
- Swimming Pool
Payment Schedule — Term of Payment for Finished Villa
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Upon Reservation of Unit | 2% | THB 990,000 | Upon Reservation of Unit |
| Upon Signing of contract agreement within 30 days after reservation | 48% | THB 23,760,000 | Upon Signing of contract agreement within 30 days after reservation |
| Upon Transfer of unit within 30 days after signing contract agreement | 50% | THB 24,750,000 | Upon Transfer of unit within 30 days after signing contract agreement |
Unit Variations
4 Bedrooms
$1,503,829
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 350,000
Est. Monthly Income
THB 236,000
Est. Annual Income
THB 2,837,000
Gross Yield
8.1%
Net Yield
5.7%
Est. 5-Year Value
THB 69,426,000
Est. 5-Year ROI
69%
Assumptions
Provider default: purchase price 49,500,000, 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. Bang Tao is a residential area favored by expats and families. Bang Tao Beach is 2.3 km away, reachable by car or motorbike. Laguna complex, dining, and schools are all within 3 km. Bang Tao Beach 2.3 km away • Airport 9.7 km, ~15 min drive • International kindergarten 1.6 km
Daily Convenience
Two supermarkets and two malls are within 3 km, covering daily and weekly shopping needs.
Lifestyle mall in Laguna; rated 3.9, mixed reviews.
Well-stocked expat supermarket; rated 4.3, 1700+ reviews.
Wholesale supermarket; competitive prices, rated 4.4.
Open-air retail complex; rated 4.5, popular with residents.
Beach & Nature
Three beaches within 6 km, including quiet Layan; ethical elephant park under 4 km.
Long sandy beach; main Bang Tao option, 2.3 km.
Quieter, less crowded; good for families, 2.8 km.
Remote, calm beach; less developed, 5.7 km.
Ethical elephant care; rated 4.6, 659 reviews, 3.9 km.
Food & Dining
Four well-rated restaurants within 2.8 km, covering Western, Georgian, and French cuisine.
Popular bar and grill; moderate prices, rated 4.7.
Highly rated cafe-restaurant; 1400+ reviews, 2.7 km.
Georgian cuisine; rated 4.6, 2000+ reviews, 2.7 km.
French bistro; rated 4.8, 6500+ reviews, moderate prices.
Health & Safety
Three clinics within 3 km; all rated 4.8 or above with consistent recent reviews.
Medical clinic in Laguna; rated 4.8, 2.5 km.
General practice clinic; rated 4.8, 338 reviews.
Branch clinic; rated 4.9, 314 reviews, 4 km.
Aesthetic and wellness clinic; rated 4.9, 7.1 km.
Kids & Education
International kindergarten 1.6 km away; two more preschools within 6 km.
International kindergarten; rated 5.0, closest at 1.6 km.
Kids cafe and activity space; moderate prices, 2.9 km.
Preschool program; rated 4.9, 54 reviews, 4.4 km.
International nursery and preschool; rated 5.0, 5.6 km.
Getting Around
Phuket International Airport is 9.7 km away, approximately 15 minutes by car.
Main international airport; 9.7 km, ~15 min drive.
Airport access point; 9.9 km, rated 4.3.
Small airpark nearby; rated 4.9, 10 km.
Bus terminal for island routes; 15 km south.
Sports & Leisure
Golf course 2 km away; top-rated spa and Muay Thai gym within 4.5 km.
18-hole golf course in Laguna complex; 2 km.
Highly rated spa; 2900+ reviews, rated 4.9, 2.9 km.
Muay Thai and MMA training; rated 4.8, 4.1 km.
Full-service day spa; rated 4.8, 7.5 km in Kamala.
Nightlife & Entertainment
Two beach clubs and two bar-restaurants within 3.2 km for evening options.
Bar and live music venue; rated 4.7, moderate prices.
Beach club in Laguna; pool and sea access, 2.7 km.
Gallery-restaurant with events; rated 4.8, 3.1 km.
Beach club on Bang Tao; known for daytime parties, 3.2 km.
$1,503,829
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