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A remote transaction is a 6-stage purchase process not involving a trip to Phuket
A studio apartment with a free a set of furniture.
The Client was planning to buy two apartments but could not come to Phuket to view them. She had no experience of remote transactions of real estate; therefore, she was hesitant. But our “10% for 10 years” guaranteed return program gave encouraged her to make the first step.
As a test, the Client bought 30m2 studio at THB 2,9 million (USD 89,000). Form of ownership is leasehold.
Soon she plans to conclude a purchase for the second apartment.
Upgrade from studio to one-bedroom apartment.
Two Clients each bought one studio when they were on the island. After returning home, making calculations and talking with our manager, they came to the conclusion that one-bedroom apartments with access to the pool would be a more liquid investment (at the time of purchase, apartments of this type were still at the design stage and were not for sale). After the approval of the project, we renegotiated a contract with them for one-bedroom apartments.
Apart from that, we informed all Clients about the possibility to sign new Contracts and a few more Clients upgraded their purchased property to more comfortable one-bedroom apartments.
How not to miscalculate with profitability and liquidity when buying property in Thailand?
We have prepared a small book - a buying guide. With its help, you can easily distinguish profitable real estate from the usual "liability", which will only draw money.
Download now and get a bonus:
"Checklist of questions to the developer"
Choosing the apartment
We will send you a price list and floor plans and will explain every little detail including the view from the window.
Please start to choose your apartment now
To do that, please leave a request to the manager of the company and she will get back to you as soon as possible.
Reservation Agreement
We sign a preliminary agreement to take the apartment of your choice from the offer list. Reservation agreement not only ensures that the apartment in taken off the offer list, but also guarantees that the apartment price becomes fixed. Usually, apartments grow in value as the construction progresses.
Transfer of deposit.
We will issue an invoice for paying the reservation deposit. We will explain how and where to pay it, if necessary, we will give detailed instructions to your bank.
Contract and Invoice
Within one month we will prepare a Purchase and Sale Contract and issue an invoice, a document used in commerce worldwide, which includes a full list of properties to be purchased.
You sign the contract and send it back to us.
Payment according to a schedule
Payments are tied to the stages of construction, as is customary for most developers. The payment schedule is the essential addendum to the Sale and Purchase Contract. It contains full payment instructions including amounts and payment periods.
Acceptance of apartment
You can come to the island to inspect the apartment in person. But it is not necessary if you use our remote transaction scheme. Our manager can inspect the property on your behalf and will help you to prepare all documents.
Security of the remote transaction
Is fully compliant with the law
Use of remote transactions to purchase property is fully legal and are widely concluded around the world. The simplicity of this procedure is one of the distinctive features of Thailand legislation.
Wide competences
Our key team is working on the Phuket property market since 2012, they have wide experience of remote sales of single studio apartments as well as full floors of condominiums.
This is a direct transaction
No third parties or intermediary companies are involved in the transaction. All financial and contractual arrangements are done directly with the developer Layan Green Park.
Real experience
Some of the apartments in Layan Green Park are already sold remotely without a visit to Phuket.