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LIFE, LUXURY, LONGEVITY
With the principles of life, luxury, and longevity at the forefront, each of the Teak’s thirteen pool villas have been designed with the utmost care for those discerning buyers who value sustainability and privacy above all.
Set against the lush tropical jungles of Western Phuket, these modern pool villas are built to exude classic charm. Teakwood, the namesake timber chosen for the villa doors, symbolizes our passion for using durable and elegant materials. This is not only so that the villas may blend in with their natural surroundings, but also to ensure that their owners may enjoy these homes away from home for generations to come. With only twelve units, the Teak promises intimate connections with like-minded neighbors and endless serene days of relaxation.
Of course, peace and privacy do not mean opting out of fun and excitement. At only four minutes from Porto de Phuket and Boat Avenue and ten minutes from Bangtao Beach, Phuket’s charms are always easily in reach at the Teak, making it the perfect choice for those who envision their future on this paradise island.
Perfectly located in the most prestigious residential areas in Phuket. With easy access to an abundance of facilities, we ensure that our valued residents enjoy the exclusive privacy, comfort and convenience.
Find out how much your property is worth and start your listing for free.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:
After you have found the right property at The Teak Phuket Phase 2 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment Deposit with Sales and purchase agreement sign, within 30 days after reservation 28% 2nd Installment Completion of main structure 20% 3rd Installment Completion of roof and walls structure 25% 4th Installment Completion of windows, doors and floor finishing 15% 5th Installment On handover 10%