Developer Payment Plans / Installment Purchase
Pirak Condominium Cherngtalay
Phuket, Thailand
About This Property
Pirak Condominium Cherngtalay is a modern residential development by Pirak Property, located in one of Phuket's most sought-after areas: Cherng Talay. The location suits permanent residents, holiday buyers, and investors alike. Bang Tao and Layan beaches, Laguna Phuket, restaurants, shops, and the full range of attractions along the island's northwest coast are all within easy reach. The project comprises two seven-storey buildings with a total of 168 units. Available layouts include one-, two-, and three-bedroom apartments ranging from approximately 44 to 143 sq.m. This variety makes the development attractive to buyers looking for a compact holiday or rental unit, as well as families seeking more spacious living in Phuket. The apartments are designed in a contemporary style, with functional floor plans, high ceilings, panoramic windows, balconies, modern kitchens, and thoughtfully organised living spaces. The concept goes beyond a standard urban condominium: Pirak Condominium Cherngtalay positions itself as a calm residential resort, with a clear emphasis on comfort, privacy, and relaxed everyday living. Shared facilities include a swimming pool, fitness centre, landscaped garden areas, parking, concierge service, 24-hour security, and CCTV. This amenity package supports both personal use and rental income potential. The key strength of Pirak Condominium Cherngtalay is its location. Cherng Talay, Bang Tao, and Layan remain among Phuket's most liquid real estate markets, with strong rental demand, ongoing infrastructure development, easy access to beaches, restaurants, wellness venues, golf courses, and a well-established international resident community. Prices start from 5.5 million baht. The final price depends on the layout, floor, view, unit size, payment terms, and current availability from the developer. Buyers are advised to confirm unit availability, foreign freehold quota, and payment schedule prior to reserving.
Opportunity Terms
- Starting Price
- $167,943
- Handover Quarter
- Q2 2027
- Payment Plan Summary
- 5-step installment plan. Additional variants available: Payment Plan · 2-bedroom, Payment Plan · 3-bedroom. Ask Eden Lane for details.
- Unit Types Summary
- 1 Bedroom from 44 m² · 2 Bedrooms from 110 m² · 3 Bedrooms from 143 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%
- Amenities
- Lobby Swimming Pool Kids Pool Pool with Jacuzzi Garden Gym
Payment Schedule — Payment Plan · 1-bedroom
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation deposit | — | $3,009 | Reservation deposit |
| Sales & Purchase Agreement (within 30 days after the reservation)) | 30% | $49,888 | Sales & Purchase Agreement (within 30 days after the reservation)) |
| In 90 days after reservation | 30% | $49,888 | In 90 days after reservation |
| In 150 days after reservation | 30% | $49,888 | In 150 days after reservation |
| In 210 days after reservation | 10% | $16,639 | In 210 days after reservation |
Unit Variations
1 Bedroom
$167,943
2 Bedrooms
$416,849
3 Bedrooms
$738,395
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
$1,595
Est. Monthly Income
$1,143
Est. Annual Income
$13,721
Gross Yield
10.9%
Net Yield
8.3%
Est. 5-Year Value
$233,282
Est. 5-Year ROI
82%
Assumptions
Provider default: purchase price 5,528,000, 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. Quiet residential area in Cherngtalay, favored by expats and long-term renters. Layan and Bang Tao beaches are 2 km away, reachable by scooter or car. Canal Village, Boat Avenue, and Villa Market cover most daily needs within 3 km. Layan & Bang Tao beaches 2 km away • Boat Avenue dining and shopping at 2.7 km • Airport 9.6 km, ~15 min drive
Daily Convenience
Two malls and a well-stocked supermarket are within 2.8 km, plus a pet hospital nearby.
Local mall, mixed shops; rating 3.9, 2 km.
Boutique mall, higher-end stores; rated 4.4.
Reliable expat supermarket; wide range, mid-range prices.
Full-service animal hospital and pet spa; rated 4.8.
Beach & Nature
Two beaches within 2 km, a third at 5 km, and an ethical elephant park at 4 km.
Quiet northern beach; calm water, less crowded.
Long sandy beach; 2 km, various beach clubs.
Smaller, low-traffic beach; 5.1 km north.
Ethical elephant care experience; rated 4.6, 660 reviews.
Food & Dining
Four well-rated restaurants within 3 km, from casual bar food to French and Georgian cuisine.
Popular local bar-restaurant; mid-range, rated 4.7.
Georgian cuisine; rated 4.6, over 2,000 reviews.
French bistro; mid-range, rated 4.8, 6,500+ reviews.
Asian fusion café-restaurant; mid-range, rated 4.8.
Health & Safety
Three clinics within 3.9 km handle general and urgent care; an aesthetic clinic is 7.5 km away.
General clinic serving Laguna area; rated 4.8.
Walk-in clinic; rated 4.8, 338 reviews.
Local branch clinic; rated 4.9, strong reviews.
Aesthetic and skin clinic; rated 4.9, 7.5 km.
Kids & Education
An international kindergarten is 1.8 km away; additional preschools and kids' activities within 6 km.
International kindergarten; rated 5.0, very close.
Kids activity café; mid-range, rated 4.4.
Children's activity center; rated 4.9, 4.9 km.
International nursery and preschool; rated 5.0, 6.1 km.
Getting Around
Phuket International Airport is 9.6 km away; no public transit - car or scooter required.
Main international airport; 9.6 km, ~15 min drive.
Airport reference point; 9.8 km, same facility.
Small general aviation airpark; 11 km away.
Patong police station reference; 14 km south.
Sports & Leisure
An 18-hole golf course and top-rated spa are within 3 km; Muay Thai gym at 3.9 km.
18-hole course in Laguna complex; 2 km.
Highly rated spa; 4.9 rating, 2,900+ reviews.
Muay Thai and MMA training; rated 4.8, serious gym.
Full-service spa in Kamala; rated 4.8, 7.4 km.
Nightlife & Entertainment
Casual bar, two beach clubs, and a gallery-restaurant are within 3.7 km for evening options.
Casual bar with evening crowd; mid-range, rated 4.7.
Beach club in Laguna; pool and music events.
Popular Bang Tao beach club; events and dining.
Art gallery with restaurant; rated 4.8, 3.7 km.
$167,943
You May Also Like
Similar properties you might be interested in.
