Can a foreigner buy a condo in Heritage Suites?

Yes. Foreigners can purchase a unit at Heritage Suites in full Freehold ownership, subject to the 49 percent foreign ownership quota per building. A 30-year Leasehold with renewal options is also available. InDreams Phuket assists with quota verification and paperwork.

What is the rental yield in Heritage Suites?

Average rental yield for similar Phuket projects ranges from 6 to 10 percent per year, depending on the area, season, and management type. Long-term rental typically returns 5-7 percent, while short-term daily rental through a management company can reach 8-12 percent. We calculate exact yield per unit on request.

Is there a developer installment plan for Heritage Suites?

Yes. For most off-plan projects the developer offers interest-free installments during construction. Standard schedule: 30 percent down payment, equal payments through construction, final balance on key handover. Short 6 to 12 month installment plans are sometimes available for ready units.

What documents are required to buy property in Thailand?

You need a passport and funds in a Thai or foreign bank account. For Freehold you must obtain an FET (Foreign Exchange Transaction) certificate from a Thai bank confirming the inbound transfer. Booking agreement, Sale and Purchase Agreement (SPA) and transfer documents are in English. InDreams provides legal support.

How long does a property purchase in Heritage Suites take?

For ready property: 7 to 30 days from booking to receiving the Chanote (Title Deed) in your name. For off-plan: 1 day to book, then a payment schedule until project completion. Remote purchase is possible via Power of Attorney.

Heritage Suites

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67 apartments

floors 7

year of construction 2008

Project Location

Kathu, Kathu, Phuket

Project Information

Heritage Suites is a condominium project developed by Heritage Suites Company and completed in 2008. The project consists of 2 buildings, 7 stories, and 67 residential units in total.

Facilities

- Clubhouse

- Fitness center

- Garden

- Parking space

- Swimming pool and children's pool

- High-speed Internet

- 24-hour security system