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A fantastic 1 bedroom and 1 bathroom condo with a pool view in a resort-style blended of modernity and decorated with high-quality furniture, on a usable area of 70 square meters focusing on the utilization of living space, which is perfectly designed. Moreover, the condo is in a quiet location on Mai Khao Beach. Also easy to connect to many amenities such as Mai Khao Beach, Splash Jungle Water Park, Nai Yang Beach, Phuket International Airport, five-star hotels, Blue Canyon Country Club, and many more, giving the residents a sense of superior living.
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Baan Mai Khao you have to follow these steps:
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.