Developer Payment Plans / Installment Purchase
Erawana Creek
Phuket, Thailand
About This Property
Erawana Creek is a villa development by Erawana Co., Ltd. located in Thep Krasattri district, northern Phuket. Available units include 3- and 4-bedroom villas ranging from 343 to 532 sq. m. Prices start from 23,900,000 THB. The project is currently under construction with completion scheduled for Q4 2026. The development includes a swimming pool. Thep Krasattri is a quieter residential area in the northern part of Phuket, away from the busier tourist zones.
Opportunity Terms
- Starting Price
- $786,852
- Handover Quarter
- Q4 2026
- Payment Plan Summary
- 7-step installment plan. Additional variants available: Term of Payment for Finished Villa. Ask Eden Lane for details.
- Unit Types Summary
- 3 Bedrooms from 343 m² · 4 Bedrooms from 532 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
- 5.5%
- Amenities
- Swimming Pool
Payment Schedule — Term of Payment for Off plan villa
| Milestone | % | Amount | When Due |
|---|---|---|---|
| Reservation fee | 2% | THB 518,000 | Reservation fee |
| Payment Upon Singing of contract agreement | 33% | THB 8,547,000 | Payment Upon Singing of contract agreement |
| Payment Upon Completion of foundation | 15% | THB 3,885,000 | Payment Upon Completion of foundation |
| Payment Upon Completion of structure up to roof height | 20% | THB 5,180,000 | Payment Upon Completion of structure up to roof height |
| Payment Upon Completion of unit fit-out | 15% | THB 3,885,000 | Payment Upon Completion of unit fit-out |
| Completion of unit inspection | 10% | THB 2,590,000 | Completion of unit inspection |
| Transfer of unit within 30 days after | 5% | THB 1,295,000 | Transfer of unit within 30 days after |
Unit Variations
3 Bedrooms
$786,852
4 Bedrooms
$1,026,857
Investment Estimate
Provider-supplied projections for the default unit configuration.
Est. Monthly Rent
THB 230,000
Est. Monthly Income
THB 156,000
Est. Annual Income
THB 1,870,000
Gross Yield
10.1%
Net Yield
7.2%
Est. 5-Year Value
THB 36,326,000
Est. 5-Year ROI
76%
Assumptions
Provider default: purchase price 25,900,000, monthly rent 230,000, 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 north of Bang Tao, popular with long-term expats and families. Beaches are 5-6 km away by car; no walking access to the coast. Daily errands require driving, but local amenities and dining are within 3 km. Phuket Airport 6.8 km away • Elephant Jungle Sanctuary 2.6 km • Blue Canyon golf course 4.5 km
Daily Convenience
Basic convenience covered within 2.3 km; no full supermarket immediately close.
Home décor mall; limited daily grocery use.
Fuel station with small shop; rated 4.0.
Lotus Go Fresh mini-market; groceries, 2.3 km.
7-Eleven convenience store; 2.3 km, rated 4.5.
Beach & Nature
Three beaches within 6 km by car; Elephant Sanctuary reachable in 2.6 km.
Layan Beach; quiet, sheltered; 5 km by car.
Nai Thon Beach; less crowded, calm water; 5.8 km.
Bang Tao Beach; long stretch, facilities nearby; 5.9 km.
Ethical elephant sanctuary; rated 4.9 from 352 reviews.
Food & Dining
Local and international dining options from 2.3 km, mostly moderate pricing.
Zarnish Food; highly rated local spot, 1007 reviews.
Paknam Seafood; moderate prices, 681 reviews, 2.5 km.
Thalang HotPot Buffet; all-you-can-eat, 828 reviews.
Ma Doo Bua cafe; moderate prices, very popular, 4380 reviews.
Health & Safety
Four clinics within 7.5 km; nearest is a cosmetic/general clinic at 3.6 km.
AESsense Clinic; aesthetic and general; rated 4.9.
Phuket Medical Clinic Laguna; general practice, rated 4.8.
Takecare Doctor Bang Tao; general clinic, rated 4.8.
Kowit Clinic Bang Tao; general practice, rated 4.9.
Kids & Education
International kindergarten and activity spots within 7 km; limited full-school options nearby.
Thalang Technical College; vocational education, 4.7 km.
Little Lions International Kindergarten; rated 5.0, 5 km.
Lemonade Club; kids' activity café, moderate prices, 6.3 km.
Mango-Tango; international early education, rated 4.9.
Getting Around
Phuket International Airport is 6.8 km away; no public transit, car or taxi required.
Phuket International Airport; main hub, 6.8 km.
Phuket Airport; domestic/international access, 7 km.
Phuket Airpark; small general aviation field, 8.8 km.
Phuket Flying Club; private aviation, 9.4 km.
Sports & Leisure
Golf, massage, and spa options within 6.3 km; no gym listed immediately close.
Blue Canyon Country Club; 36-hole golf course, 4.5 km.
Sabai Massage Phuket Airport; rated 4.8, 1817 reviews.
TreeHouse Massage; rated 4.8, 2014 reviews, 6.1 km.
Deep Relax Spa Laguna; rated 4.9, 2922 reviews.
Nightlife & Entertainment
Low-key bars and cocktail lounges within 4 km; no large nightlife strip nearby.
360° Bar; expensive, panoramic drinks, rated 4.6.
Project Artisan; moderate dining and drinks, 970 reviews.
Overgrown Lounge & Cocktail Bar; rated 5.0, 237 reviews.
Hideaway Cafe@Saku; relaxed café-bar, rated 4.8.
$786,852
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