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This 70 SqM condo, located in Kamala, Phuket, is a superb property investment opportunity available for sale in the highly desired Grand Kamala Falls project. Completed in May 2019 and composed of one bedroom and one bathroom, this condo will no doubt be the envy of your circle. For the price of ฿7,177,550 (฿102,536/SqM), you and your family can experience a luxurious and convenient lifestyle.Grand Kamala Falls is a resort-style development boasting resort-style facilities, exclusive dining options, and exquisite sea views. Inclusions in the package are freehold ownership, gym facilities, lounge areas and much more for a cost-effective rate. This modern condo also has excellent access to many of the services and facilities found in and around the city, including shopping malls, international schools and hospitals.This is the perfect opportunity where you can find elegant and timeless living without overpaying. You can enjoy lifetime views, complete with luxurious amenities for a fraction of the usual cost. Enquire about this Grand Kamala Falls project condo today and take advantage of the finest beachfront living available. Make the most of this rare opportunity and be rewarded with remarkable returns on your investment. Don't miss out!
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 Grand Kamala Falls you have to follow these steps:
Paymet Term Installment Milestone Payment Reservation Deposit Immediately $2,900 1st Installment Upon contract signing 50% 2nd Installment Interior Completed 25% 3rd Installment On handover 25%
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.