Cassia Residences

198 apartments
floors 7
year of construction 2019

Cassia Residences is a modern residential complex consisting of two 7-storey buildings with a closed common area on the shores of a fresh lake in the heart of Laguna Phuket resort. Cassia Residence is surrounded by picturesque nature and at the same time all the necessary infrastructure for a comfortable life and recreation. Property owners in Cassia Phuket can take advantage of the entire infrastructure of the huge Laguna Phuket resort, receiving privileges in the form of discounts in restaurants, spas and boutiques of the resort.

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Additional photo

Improvement

  • Urban View
  • Sea view
  • Lake view
  • Covered parking
  • Common swimming pool
  • Security
  • Parking
  • Tropical garden
  • Shuttle Bus

Floor Plans & Master Plan

Map view

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For Foreign Buyers

Buying in Phuket as a Foreign National

A focused legal, tax, visa and lifestyle briefing tailored to this property and its location. Information is general guidance — InDreams Phuket recommends consulting a Thai-licensed lawyer before signing any reservation agreement.

01

Property Ownership Rules

Ownership Structure

Foreign ownership in Thailand depends on the asset class. Condominium units may be purchased freehold (within the 49% foreign quota). Villas and houses are typically structured via long-term registered leasehold (30+30+30) or a Thai limited company. Our legal partners will recommend the optimal structure for this property.

02

Investment Returns

5–8%
Typical net yield (area average)
60–70%
Annual income earned in Nov–Apr high season
8–12 yrs
Typical payback for well-managed rental units

Net rental yields in Phuket\'s prime west-coast areas typically range from 5% to 8%, depending on location, building age, management quality and seasonal occupancy. Capital appreciation in the same areas has historically averaged 5–7% per annum.

03

Tax & Fees for Foreign Buyers

Transfer Fee
2.0%
Of the government-appraised value. Most commonly split 50/50 between buyer and seller, but this is negotiable per contract.
Specific Business Tax (SBT)
3.3%
Applies if the seller has held the property for less than 5 years. Usually paid by the seller.
Stamp Duty
0.5%
Paid only if the SBT does not apply. Typically the seller's responsibility.
Withholding Tax
1–3%
Calculated on a progressive scale based on the seller's holding period. Always paid by the seller, never by the buyer.
Annual Land & Building Tax
0.02–0.10%
On the appraised value; rates depend on use (residential vs. commercial / leased).
Gift Tax
5%
Applies on transfers above 20 MTHB to non-relatives. Inheritance tax is 5% (descendants) or 10% (others) on estate value above 100 MTHB.

Total combined closing costs for a foreign buyer typically fall in the 3–5% range of the purchase price, depending on the deal structure and how transfer fees are split. InDreams Phuket can request a written closing-cost estimate from our partner law firm before you commit.

04

Visa Pathways for Property Owners

LTR — Long-Term Resident Visa
10-year renewable · multiple entry · work permit included

The flagship visa for foreign investors and high-income professionals. Four eligibility tracks: Wealthy Global Citizen (USD 1M+ in assets & USD 80K income), Wealthy Pensioner (age 50+, USD 80K pension/year), Work-from-Thailand Professional, and Highly Skilled Professional. Tax incentives include a flat 17% rate for HSP and no taxation on foreign-source income brought in.

Thailand Privilege (Elite) Visa
5 / 10 / 15 / 20 years · from 650,000 THB membership

The fastest and most popular route for property buyers who do not qualify for LTR. No income, age, or investment requirements beyond the one-time membership fee. Includes airport fast-track, dedicated concierge, and 90-day reporting handled by the program.

Investment Visa (Non-Immigrant IM)
1 year, renewable annually · min. 10 MTHB invested

Available to foreigners who invest at least 10,000,000 THB in qualifying assets, including condominium units registered as freehold to the applicant. Renewable indefinitely while the investment is maintained. Suitable for buyers acquiring premium units in this price range.

Retirement Visa (O-A / O-X)
1 or 5 years · age 50+ · from 800,000 THB on deposit

Long-established option for buyers aged 50 and above. Requires either 800,000 THB on a Thai bank deposit or a monthly income of 65,000 THB. O-X variant grants a 5-year stay for nationals of selected countries.

05

Lifestyle for Expats in Bangtao/Laguna

Bang Tao is where Phuket grew up and learned to slow down. The six kilometre stretch of sand on the west coast sits roughly halfway between the airport and Patong, which makes it the practical base for families who want beach access without the chaos of Bangla Road. Most foreign residents settle inside or around the Laguna complex and in the Cherngtalay backstreets, a neighbourhood the long-stay community simply calls Boat Avenue after its main commercial strip. Mornings tend to start with a flat white at one of the Villa Market cafes, school runs to UWC or HeadStart take five to ten minutes by car, and the rest of the day moves between the gym, the beach and one of the half dozen co-working spots that have opened since 2023. The mix is genuinely international: Scandinavians, Russians, Australians, French and a growing Chinese contingent, with a heavy share of remote workers and families on Education or LTR visas. Evenings split between casual dinners at Porto de Phuket and sunset drinks at Catch or Xana Beach Club. The area is safe, walkable in pockets, and well served by Grab. Trade-offs are real: traffic on Lagoon Road thickens in high season, and rental prices for villas have climbed sharply through 2024 and 2025.

International Schools
  • UWC Thailand International School 4 km
  • HeadStart International School (Cherngtalay campus) 2 km
  • British International School Phuket (BISP) 6 km
  • Berda Claude International School 5 km
Expat Community

Boat Avenue (cafes, weekly Friday night market, Villa Market supermarket); Porto de Phuket (boutique mall with international restaurants and Lemongrass House); Laguna Phuket integrated resort complex with golf course and lagoons; Cherngtalay village with Thai street food and clinics.

Healthcare

Bangkok Hospital Phuket — JCI-accredited (20 km); Thalang Hospital — public (10 km); Bangkok Hospital Siriroj in Phuket Town (22 km).

Beach Clubs & Dining

Catch Beach Club (at Twinpalms), Xana Beach Club at Angsana Laguna, Maya Beach Club, Rava Beach Club, Dream Beach Club.

Legal disclaimer. The information above is summarised for general guidance and reflects Thai law and market practice as of the page-generation date. It is not legal, tax or immigration advice. Always confirm details with a Thai-licensed lawyer, tax advisor and the relevant Royal Thai Embassy before committing to a purchase.