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The Residence Prime

2024

Delivery time

**Andman Asset Solution Company Limited** presents **The Residence Prime**, a project that offers a unique blend of comfort and luxury in modern villas with private pools. Designed by leading architects, every detail—from materials to furnishings—has been meticulously crafted to ensure the highest satisfaction for life in Phuket.

Situated in a prestigious area near Laguna Phuket, **The Residence Prime** provides convenient access to educational institutions, medical centers, restaurants, and entertainment venues while ensuring privacy and tranquility, making it the perfect place for comfortable living.

The complex features 24-hour security, guaranteeing your safety and peace of mind. On-site amenities include a modern fitness club equipped with a gym. The villas come with a smart lighting system that allows for automated control of lighting, creating the desired ambiance and providing security notifications.

At **The Residence Prime**, cutting-edge technology seamlessly integrates with contemporary design. If you are ready to take the next step towards acquiring your dream home, contact us today to seize the opportunity to own this exceptional real estate.

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Ownership

Freehold for building/leasehold for land
District

Bang Tao
Address

Thep Krasatti
Construction date: year

2024
Payment Installment

Interest-Free Construction Period Installment
Distance to the Beach

3000 m

Layouts

฿ 23,658,000
- 3-bdr.
- Living area: 352 m²
- Land plot: 352 m²
- Pool: 3 x 8
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Answers to frequently asked questions

Here are some important questions that are often asked and their answers.

Can a foreign citizen buy property in Thailand?

Yes, it is possible, but there are certain nuances. For foreign citizens, there are two forms of property ownership: Freehold and Leasehold. Each form has its own features:

Freehold involves full ownership of the property. The payment must come from your overseas account, and a tax of 6.3% is paid during registration at the Land Department.

Leasehold is a lease for 90 years, with renewal required every 30 years. Payment can be made in various ways: cash, transfer, or cryptocurrency. A tax of 1.1% is paid during registration at the Land Department, and it is payable every 30 years.

Each option has its own advantages and disadvantages. If you are looking to purchase property in Thailand and are unsure which form of ownership to choose, contact us and we will help you!
How can I make money on real estate in Thailand?

Anyone can make money on real estate; the key is choosing the option that suits you best. There are two common options: buying for resale or buying for rental purposes.

In the first option, you purchase a property at the early stages of construction and, in most cases, sell it shortly before the project is completed.

In the second option, you buy either a completed property or one still under construction, and once it's built, you rent it out through a management company or on your own.

In both cases, it's essential to evaluate potential earnings and consider all risks. At Solara Estate, we do this together with you. If you're looking to profit from real estate in Thailand, contact us, and we will help you!
Can a real estate purchase be completed online?

The purchase of real estate in Thailand can be completed entirely online. The process includes selecting a property via virtual tours, signing a reservation agreement, and making a payment remotely. To finalize the transaction, you can use a power of attorney, allowing a representative to register the property at the Land Department. Legal support and document verification can also be done remotely. If you have any questions, feel free to contact us, and we will assist you in completing all stages of the online real estate purchase!