AKRA COLLECTION Layan | Phuket Condominium Development Details

Development: AKRA COLLECTION Layan

DEVELOPMENT DETAILS

Year Built:  Q4 2022

Total Number of Units:  28

Ownership Structure:   Foreign Freehold and Leasehold 

Prices and Location:  AKRA COLLECTION Layan Phuket Listing

Video Link:  AKRA COLLECTION Layan Phuket Video

Developer Link:  Developer Website

DEVELOPMENT DESCRIPTION

AKRA COLLECTION has a concept to develop affordable, low-density condominiums for a small community of entrepreneurs, investors, and couples who are looking for luxury living while enjoying a very achievable return on their investment.

They have designed the condos based on the most wanted accommodation types: 1-bedroom with an option to accommodate 2 couples or a family, with their own pool and the privacy of natural surroundings - the condos are more like villas and are built around the trees.

The pleasure of a worry-free investment: Enjoy luxury and convenience, designed for your perfect holiday experience and peace of mind, with the convenience of the flexible length of stay - 30, 60, or 90 days per year.

AKRA COLLECTION is designed to have a 70% green area in keeping with the natural beauty of the setting. Designed and laid out to accommodate exclusive luxury living for a small community bordering a nature reserve.

Foreign freehold titles are available as the development will be registered under a Phuket condominium development license.

Ask your real estate agent to arrange a viewing of these Phuket condominiums for sale.

DEVELOPER PROFILE

A former developer in Bangkok, where he successfully launched Office Central in Sukhumvit, Akaravech sold his shares in the building and went in search of something more exciting. He was specifically looking for locations close to Phuket's world-renowned beaches, keeping in mind that this popular island was getting bigger and better.

Being a former financial advisor for several businesses and spearheading the building of hotels, hospitals, and schools, Akaravech knows the money game well: "I look for things to indulge myself in, but also not to lose money - the goal is always to make money." He believes tourism is key to reaching this goal.

But it's not all work and no play for this successful businessman. He likes to play and loves nice things: "Spoil yourself in the right way and you will be abundantly rewarding yourself."

DEVELOPMENT OWNERSHIP

AKRA COLLECTION - Title of Ownership can be registered as Foreign Freehold or Leasehold in accordance with Thai law. Land titles are Chanote Title deeds.

PROPERTY MANAGEMENT

Take advantage of the popular Rental Management Program to ensure that your unit is consistently generating effortless passive income while you are abroad. This Phuket condominium development will have a strong rental program.

CONSTRUCTION PERIOD

• Scheduled for completion in Q4 2022

DEVELOPMENT FACILITIES

• Reservation Desk
• Car Park
• Gardens
• Clubhouse
• 24-hour security
• Kids Club

DEVELOPMENT FEES

• Maintenance (CAM) Fee  –  4,000 THB
• Sinking Fund –  30,000 THB
• Built-in Furniture - Included in price
• Furniture Package – 500,000 THB

DEVELOPMENT PAYMENT TERMS

• 200,000 THB  Reservation Fee 
• 40%  First Payment at Contract Signing
• 20%  Second Payment (foundation complete)
• 15%  Third Payment (building structure complete)
• 15%  Forth Payment (infrastructure complete)
• 10%  Fifth Payment (completion and transfer of ownership)