Phuket Real Estate for Life and Investment

Policy regarding the processing of personal data

1. General Provisions

This personal data processing policy has been drawn up inaccordance with the requirements of the Federal Law of July 27, 2006. No.152-FZ “On Personal Data” (hereinafter referred to as the Law on Personal Data)and determines the procedure for processing personal data and measures toensure the security of personal data taken by ZEN REAL PROPERTY CO.LTD(hereinafter referred to as the Operator).

1.1. The operator sets as its most important goal andcondition for carrying out its activities the observance of the rights andfreedoms of man and citizen when processing his personal data, including theprotection of the rights to privacy, personal and family secrets.

1.2. This Operator’s policy regarding the processing ofpersonal data (hereinafter referred to as the Policy) applies to allinformation that the Operator can obtain about visitors to the websitehttps://zenrealproperty.com.

2. Basic concepts used in the Policy

2.1. Automated processing of personal data - processing ofpersonal data using computer technology.

2.2. Blocking of personal data is a temporary cessation ofprocessing of personal data (except for cases where processing is necessary toclarify personal data).

2.3. Website is a collection of graphic and informationmaterials, as well as computer programs and databases that ensure theiravailability on the Internet at the network addresshttps://zenrealproperty.com.

2.4. Personal data information system is a set of personaldata contained in databases and information technologies and technical meansthat ensure their processing.

2.5. Depersonalization of personal data - actions as a resultof which it is impossible to determine without the use of additionalinformation the ownership of personal data to a specific User or other subjectof personal data.

2.6. Processing of personal data - any action (operation) orset of actions (operations) performed using automation tools or without the useof such tools with personal data, including collection, recording,systematization, accumulation, storage, clarification (updating, changing),extraction, use, transfer (distribution, provision, access), depersonalization,blocking, deletion, destruction of personal data.

2.7. Operator - a state body, municipal body, legal or naturalperson, independently or jointly with other persons organizing and/or carryingout the processing of personal data, as well as determining the purposes ofprocessing personal data, the composition of personal data to be processed,actions (operations) performed with personal data.

2.8. Personal data - any information relating directly orindirectly to a specific or identifiable User of thehttps://zenrealproperty.com website.

2.9. Personal data authorized by the subject of personal datafor distribution - personal data, access to an unlimited number of persons towhich is provided by the subject of personal data by giving consent to theprocessing of personal data authorized by the subject of personal data fordistribution in the manner prescribed by the Law on Personal Data (hereinafterreferred to as personal data). data authorized for distribution).

2.10. User - any visitor to the websitehttps://zenrealproperty.com.

2.11. Providing personal data - actions aimed at disclosingpersonal data to a certain person or a certain circle of persons.

2.12. Distribution of personal data - any actions aimed atdisclosing personal data to an indefinite number of persons (transfer ofpersonal data) or to familiarize with personal data to an unlimited number ofpersons, including the publication of personal data in the media, posting ininformation and telecommunication networks or providing access to personal datain any other way.

2.13. Cross-border transfer of personal data is the transferof personal data to the territory of a foreign state to an authority of aforeign state, a foreign individual or a foreign legal entity.

2.14. Destruction of personal data - any actions as a resultof which personal data is irretrievably destroyed with the impossibility offurther restoration of the content of personal data in the personal datainformation system and/or material media of personal data are destroyed.

3. Basic rights and obligations of the Operator

3.1. The operator has the right:

— receive from the subject of personal data reliableinformation and/or documents containing personal data;

— in the event that the subject of personal data withdrawsconsent to the processing of personal data, as well as sends a request to stopprocessing personal data, the Operator has the right to continue processingpersonal data without the consent of the subject of personal data if there aregrounds specified in the Law on Personal Data;

— independently determine the composition and list of measuresnecessary and sufficient to ensure the fulfillment of the obligations providedfor by the Law on Personal Data and regulations adopted in accordance with it,unless otherwise provided by the Law on Personal Data or other federal laws.

3.2. The operator is obliged:

— provide the subject of personal data, at his request, withinformation regarding the processing of his personal data;

— organize the processing of personal data in the mannerestablished by the current legislation of the Russian Federation;

— respond to requests and inquiries from personal datasubjects and their legal representatives in accordance with the requirements ofthe Personal Data Law;

— report to the authorized body for the protection of therights of personal data subjects, at the request of this body, the necessaryinformation within 10 days from the date of receipt of such a request;

— publish or otherwise provide unrestricted access to thisPolicy regarding the processing of personal data;

— take legal, organizational and technical measures to protectpersonal data from unauthorized or accidental access, destruction,modification, blocking, copying, provision, distribution of personal data, aswell as from other unlawful actions in relation to personal data;

— stop the transfer (distribution, provision, access) ofpersonal data, stop processing and destroy personal data in the manner andcases provided for by the Law on Personal Data;

— fulfill other duties provided for by the Personal Data Law.

4. Basic rights and obligations of personal data subjects

4.1. Subjects of personal data have the right:

— receive information regarding the processing of his personaldata, except for cases provided for by federal laws. The information isprovided to the subject of personal data by the Operator in an accessible form,and it should not contain personal data relating to other subjects of personaldata, except in cases where there are legal grounds for the disclosure of suchpersonal data. The list of information and the procedure for obtaining it isestablished by the Law on Personal Data;

— require the operator to clarify his personal data, block itor destroy it if the personal data is incomplete, outdated, inaccurate,illegally obtained or is not necessary for the stated purpose of processing, aswell as take measures provided by law to protect their rights;

— put forward the condition of prior consent when processingpersonal data in order to promote goods, works and services on the market;

— to withdraw consent to the processing of personal data, aswell as to send a request to stop processing personal data;

— appeal to the authorized body for the protection of therights of personal data subjects or in court the unlawful actions or inactionof the Operator when processing his personal data;

— to exercise other rights provided for by the legislation ofthe Russian Federation.

4.2. Subjects of personal data are obliged to:

— provide the Operator with reliable information aboutyourself;

— inform the Operator about clarification (updating, changing)of your personal data.

4.3. Persons who provided the Operator with false informationabout themselves or information about another subject of personal data withoutthe latter’s consent are liable in accordance with the legislation of theRussian Federation.

5. Principles for processing personal data

5.1. The processing of personal data is carried out on a legaland fair basis.

5.2. The processing of personal data is limited to theachievement of specific, pre-defined and legitimate purposes. Processing ofpersonal data that is incompatible with the purposes of collecting personaldata is not permitted.

5.3. It is not allowed to combine databases containingpersonal data, the processing of which is carried out for purposes that areincompatible with each other.

5.4. Only personal data that meets the purposes of theirprocessing are subject to processing.

5.5. The content and volume of personal data processedcorrespond to the stated purposes of processing. Redundancy of the processedpersonal data in relation to the stated purposes of their processing is notallowed.

5.6. When processing personal data, the accuracy of personaldata, their sufficiency, and, where necessary, relevance in relation to thepurposes of processing personal data are ensured. The operator takes thenecessary measures and/or ensures that they are taken to delete or clarifyincomplete or inaccurate data.

5.7. The storage of personal data is carried out in a formthat makes it possible to identify the subject of personal data, no longer thanrequired by the purposes of processing personal data, unless the period forstoring personal data is established by federal law, an agreement to which thesubject of personal data is a party, beneficiary or guarantor. The processedpersonal data is destroyed or anonymized upon achievement of the processinggoals or in the event of the loss of the need to achieve these goals, unlessotherwise provided by federal law.

6. Purposes of processing personal data

Purpose of processing: informing the User by sending emails;providing the User with access to services, information and/or materialscontained on the website

Personal data: last name, first name, patronymic, emailaddress, telephone numbers

Legal grounds: statutory (constituent) documents of theOperator, contracts concluded between the operator and the subject of personaldata

Types of processing of personal data: collection, recording,systematization, accumulation, storage, destruction and depersonalization ofpersonal data, sending information letters to an email address

7. Conditions for processing personal data

7.1. The processing of personal data is carried out with theconsent of the subject of personal data to the processing of his personal data.

7.2. The processing of personal data is necessary to achievethe goals provided for by an international treaty of the Russian Federation orlaw, to implement the functions, powers and responsibilities assigned by thelegislation of the Russian Federation to the operator.

7.3. The processing of personal data is necessary for theadministration of justice, the execution of a judicial act, an act of anotherbody or official, subject to execution in accordance with the legislation ofthe Russian Federation on enforcement proceedings.

7.4. The processing of personal data is necessary for theexecution of an agreement to which the subject of personal data is a party orbeneficiary or guarantor, as well as for concluding an agreement on theinitiative of the subject of personal data or an agreement under which thesubject of personal data will be a beneficiary or guarantor.

7.5. The processing of personal data is necessary to exercisethe rights and legitimate interests of the operator or third parties or toachieve socially significant goals, provided that the rights and freedoms ofthe subject of personal data are not violated.

7.6. The processing of personal data is carried out, access toan unlimited number of persons is provided by the subject of personal data orat his request (hereinafter referred to as publicly available personal data).

7.7. We process personal data that is subject to publicationor mandatory disclosure in accordance with federal law.

8. The procedure for collecting, storing, transferring andother types of processing of personal data

The security of personal data processed by the Operator isensured by implementing legal, organizational and technical measures necessaryto fully comply with the requirements of current legislation in the field ofpersonal data protection.

8.1. The operator ensures the safety of personal data andtakes all possible measures to prevent access to personal data by unauthorizedpersons.

8.2. The User’s personal data will never, under anycircumstances, be transferred to third parties, except in cases related to theimplementation of current legislation or in the event that the subject ofpersonal data gives consent to the Operator to transfer data to a third partyto fulfill obligations under a civil law contract.

8.3. If inaccuracies in personal data are identified, the Usercan update them independently by sending a notification to the Operator to theOperator's e-mail address contact@zenrealproperty.com marked “Updating personaldata.”

8.4. The period for processing personal data is determined bythe achievement of the purposes for which the personal data were collected,unless a different period is provided for by the contract or currentlegislation.
The User may at any time withdraw his consent to the processing of personaldata by sending a notification to the Operator via email to the Operator'semail address contact@zenrealproperty.com marked “Withdrawal of consent to theprocessing of personal data.”

8.5. All information that is collected by third-partyservices, including payment systems, communications and other serviceproviders, is stored and processed by these persons (Operators) in accordancewith their User Agreement and Privacy Policy. Subject of personal data and/orwith specified documents. The operator is not responsible for the actions ofthird parties, including the service providers specified in this paragraph.

8.6. Prohibitions established by the subject of personal dataon the transfer (except for providing access), as well as on processing orconditions for processing (except for gaining access) of personal datapermitted for distribution, do not apply in cases of processing personal datain state, public and other public interests determined by law RF.

8.7. When processing personal data, the operator ensures theconfidentiality of personal data.

8.8. The operator stores personal data in a form that makes itpossible to identify the subject of personal data for no longer than requiredby the purposes of processing personal data, unless the period for storingpersonal data is established by federal law, an agreement to which the subjectof personal data is a party, beneficiary or guarantor.

8.9. The condition for terminating the processing of personaldata may be the achievement of the purposes of processing personal data, theexpiration of the consent of the subject of personal data, the withdrawal ofconsent by the subject of personal data or a requirement to cease theprocessing of personal data, as well as the identification of unlawfulprocessing of personal data.

9. List of actions performed by the Operator with receivedpersonal data

9.1. The operator collects, records, systematizes,accumulates, stores, refines (updates, changes), extracts, uses, transfers(distribute, provide, access), depersonalizes, blocks, deletes and destroyspersonal data.

9.2. The operator carries out automated processing of personaldata with or without receiving and/or transmitting the received information viainformation and telecommunication networks.

10. Cross-border transfer of personal data

10.1. Before starting activities for the cross-border transferof personal data, the operator is obliged to notify the authorized body for theprotection of the rights of personal data subjects of its intention to carryout cross-border transfer of personal data (such notification is sentseparately from the notification of the intention to process personal data).

10.2. Before submitting the above notification, the operatoris obliged to obtain relevant information from the authorities of a foreignstate, foreign individuals, foreign legal entities to whom the cross-bordertransfer of personal data is planned.

11. Confidentiality of personal data

The operator and other persons who have access to personaldata are obliged not to disclose to third parties or distribute personal datawithout the consent of the subject of personal data, unless otherwise providedby federal law.

12. Final provisions

12.1. The User can receive any clarification on issues ofinterest regarding the processing of his personal data by contacting theOperator via email contact@zenrealproperty.com.

12.2. This document will reflect any changes to the Operator’spersonal data processing policy. The policy is valid indefinitely until it isreplaced by a new version.

12.3. The current version of the Policy is freely available onthe Internet at https://zenrealproperty.com.

Assist in the profitable purchase of property from a developer in Phuket with the assurance of legal clarity in the transaction.

For living or investment

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We work directly
from developers

ROI 35%

Yield up to 35%
per annum in foreign currency

Installment 0%

Interest-free instalment
for the entire construction period

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Real estate
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Developers
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Top-10 New Developments in Phuket

We know where and what maximum discount is possible

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Phuket,Bang Tao

ROI UP TO 35%

SO Lagoon Cherngtalay

Ayana Heights Seaview Residence

Botanica Modern Loft II

Mouana Serenity Cherng Talay

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Projects
Collection

Investment and financial model with ROI 43,08%

on the example of Layan Green Park project

Project

Layan Green Park l

Location

Phuket

Price per m²

$5 433

Price of apartment 30 m²

$163 000

The developer guarantees a 5%
per year rental income for 3 years,
in addition to the annual increase
in the value of the property

Investment period

5 years

Volume of investments

$166 402

Income

$258 009

Net profit

$71 681

Return on Investment (ROI)

43,08%

Ruslan
Chuchurin

Agency
founder

We guarantee

Comprehensive legal support

- English-speaking lawyer
- 6 months of legal advice
(after the transaction)
- Opening a company in Thailand
for the purchase of real estate

Secure and transparent deal

Before we sign the contract,
we check the necessary documents

Economy

We will provide the best conditions from the developer:
- favorable installment
- maximum discount
- furniture package as a gift

Visa for 10 years at our expense

We'll file all the paperwork
and help you get
a 10-year visa for you
and your whole family

Feedback from our clients

Our success cases

$300,000+ in six months: the true story of a successful investment

Project

Ocean Hill Villas

Location

Phuket

Price per m²

$1 706

Price of apartment 586 m²

$1 000 000

What key factors helped you feel confident about your purchase decision? The simplest thing was that the villa had gone up in price by $300,000.

Investment period

6 months

Volume of investments

$1 000 000

Income

$300 000

Net profit

$295 000

Return on Investment
(ROI) for 6 months

30%

Real estate investments

Project

Layan Green Park l

Location

Phuket

Price per m²

$5 433

Price of apartment 30 m²

$163 000

The developer guarantees a 5%
per year rental income for 3 years,
in addition to the annual increase
in the value of the property

Investment period

5 years

Volume of investments

$166 402

Income

$258 009

Net profit

$71 681

Return on Investment (ROI)

43,08%

Our team will help you with all your questions

Personal manager available 24/7

All services for you
in one place

We provide full-cycle
services for the purchase
of housing, as well as documents,
immigration, insurance,
home furnishing, car purchase,
etc. We work on the principle
of "one-stop shop".

Real estate
management

We organize the rental
of your property and take
care of it after purchase.
We will help you find tenants,
meet them, and organize
cleaning when they change.

Opening a company
in Thailand to buy
real estate

At your request,
we will fully support
the process of registering
a company, as well as provide
support in any legal matters.

After-sales
service

- Full-time Russian-speaking
lawyer
- Interior design team
- Furniture specialist

A 10-year visa
at our expense

We fully provide
assistance with
the paperwork
and filing for
a 10-year visa for you
and your family.

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All services for you in one place

We provide full-cycle services for the purchase of housing, as well as documents, immigration, insurance, home furnishing, car purchase, etc.
We work on the principle of "one-stop shop".

Real estate management

We organize the rental of your property and take care of it after purchase. We will help you find tenants, meet them, and organize cleaning when they change.

Opening a company in Thailand
to buy real estate

At your request, we will fully support the process of registering a company, as well as provide support in any legal matters.

After-salesservice

- Full-time Russian-speaking lawyer
- Interior design team
- Furniture specialist

A 10-year visaat our expense

We fully provide assistance with the paperwork and filing for a 10-year visa for you and your family.

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Additional services for our clients

Here are just some of them

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Our service

Car rental

Explore Thailand in your own car with our car rental service

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Our service

Bank account

Open the door to financial opportunities in Thailand with our bank account opening service

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Our service

Long-term visas

We will help you open a long-term visa for you and your family in one month

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Our service

Driver license

With a Thai driving license you can move freely throughout the Association of Southeast Asian Nations

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Our service

Yacht rental

Discover the luxury and freedom of the sea with our exclusive yacht charter service

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Our service

Currency exchange

Exchange currency profitably and without unnecessary hassle with our professional service in Thailand

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Property tour

Check out the projects, evaluate the quality of construction and finishing, get the final price

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No time to travel?

Online purchase steps

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Selecting and viewing
properties

We make a personalized selection of properties and send you a detailed presentation

Online viewing

An expert from the company will visit the selected properties and demonstrate them in real time, as well as will give you an informative tour of the area.

We will send you a recording of the online viewing so that you can watch everything again and discuss it with your family members.

Reservation

A reservation amount of 100 000 baht is paid to reserve the option for a period of 30 business days to remove it from sale and fix the agreed price. We will send you a reservation form from the developer.

Contract drafting

The contract of sale will be drawn up in English and Thai. A digital photo of your passport is sufficient to conclude the contract. After drafting, the contract is sent to you in pdf format for review.

Contract signature

After review, the buyer signs the contract and sends it to us for signing by the construction company. It is an official document that has legal force in the Kingdom of Thailand.

Payment

According to the payment schedule
payment is made.
‍
This is either the full payment
or the first installment fee.

Approval of the arrival date
for paperwork

Decide on the date of arrival in Thailand to obtain a title deed in your name or company in Thailand

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Purchase steps

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Sightseeing tour

We organize on-site viewing of properties, or if you are unable to travel to Thailand, we will arrange a detailed online tour

Reservation form

Signing of a sales
agreement

This document will contain detailed information about the property, the terms of the deal, the cost.

Opening a company

In some cases, when you can not buy the property yourself, you will need to open a company that will buy the property on your behalf.

Opening a bank
account

A bank account will be needed to pay property costs, utility bills, and any other fees.

Payment

Payment is made to the developer's bank account in accordance with the agreement.

Application
to the Land Department

If the buyer buys a property on the primary market, a representative of the developer will process the transaction at the Land Department. If the property is purchased on the secondary market, a lawyer from our company helps to formalize the purchase.

Final step

Obtaining a document on ownership of real estate

After sales service

The specialist provides a full cycle of after-sales service

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Our service

Furnishing
Apartments

We will help you buy the necessary furniture and appliances, get additional discounts on various goods, create a cozy and furnish your apartment for your needs.

Our service

Utility
assistance

We will take care of all the necessary connections: water, electricity, internet, telephone and other necessary services.
‍

Our service

Profit
from rent or reselling

We offer package support for renting or reselling your property. We will quickly find a tenant or buyer. If you have left the country, we will control the entire process of renting or selling ourselves.

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Answers to frequently asked questions

Is it difficult to buy property
in Thailand?

No, it's not difficult. The process for registering real estate may differ from the process in your country, but it is quite simple. Our experienced managers will help with registration of ownership and completion of all necessary formalities.

Expenses after purchasing property in Thailand

Sinking Fund - paid by the first buyer of the property: from 500 Baht per 1m2.

Common Fee (territory maintenance fee) - from 50 Baht per 1m2.

Electricity - from 4.5 Baht per 1kW. Depends on the location of the property.

Water - from 3.5 Baht per 1m3 (this is if the city line), if it is, for example, a residence with its own well, the price from 35 Baht per 1m3. If necessary, cleaning costs from 500-1,000 Baht / time.

A 10-year visa for you and your family in Thailand when you buy a property

In Thailand, there is a program for foreign investors that provides the opportunity to obtain a long-term visa for 10 years when purchasing real estate. Under this program, investors can purchase property and receive various benefits such as work opportunities, skip-the-line airport access and personal transfers, including long-term residence permits.

Is it possible to arrange everything without intermediaries? How to choose the right agency from hundreds of offers?

Of course, this is possible, but this can only be done by an experienced person who understands all the intricacies of not only real estate, but also its registration.
The most important thing that a professional agency can give you is not only the verification and execution of all documents confirming ownership, and assistance in starting a local company to purchase a home if necessary. Professionals, first of all, will tell you a fair price at which you can buy it. In Thailand, often, if a foreigner independently comes to the property owner or developer, they can inflate the sale price, counting on the fact that the foreigner does not understand the market. When the experts help you, they know the market very well and then the seller can no longer raise the price.
We work with love and without hidden commissions.

Taxes and additional costs when buying property in Thailand

Tax on the purchase of real estate in Thailand is paid only once when registering the transaction at the Land Department. The fee is 1.1% of the contract value of the apartment purchased in the leasehold - the buyer shares it in half with the developer. Thus, in the end, only 0.55% of the tax will have to be paid. In case of buying a property in freehold - the amount of tax is 2%.

Do developers offer
installment plans?

Yes. The usual installment period is from 6 months to 2 years. As a rule, the installment period depends on the construction period, but in some cases, the developer provides installment payments for completed projects. There are also projects under construction with 5-year installments with a down payment of 50%.
‍
To obtain an installment you do not need to collect any documents, confirm your creditworthiness and pay additional fees.
‍
Of course, you can become a full owner and get all the necessary documents confirming ownership only after paying the entire cost of the purchased housing.

What is the taxation on the sale
of real estate in Thailand?

The general tax burden when selling real estate in Thailand is approximately 5-7% of the sale price. Taxes depend on the length of ownership of the property, its cadastral value and the sale price.

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Our contacts

Address:

Chaofa Garden Home 3 house 35/68, Ko Kaeo, Mueang Phuket, Phuket 83000

Phone:

+66 96 458 5529

contact@zenrealproperty.com

Working hours 24/7