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With a price tag of ฿3,575,000, the luxurious 55 SqM condo in the Living Residence Phuket project is an absolute masterpiece! Located in Wichit, Phuket, the property was completed in 2013 and offers one bedroom and one bathroom - making this lifesyle abode a perfect fit for singles or couples who are looking for that serene island living. Opportunity does not come much fuller than this, for if you purchase this condo for the base price of ฿3,575,000, that translates to ฿65,000 per SqM - a definite bargain, considering the resort-quality features and facilities that the condo has to offer.Imagine, with your own condominium in Wichit, Phuket, you will enjoy the convenience of a modern kitchen, as well as plenty of storage and space for relaxation. The interior design of the condo is as sophisticated as it can get, featuring all the modern amenities so you can now bask in the luxury of convenience and relaxation. For those who are always on the move, there are plenty of public transport options available to get the the nearby beaches and shopping malls.Save yourself time and hassle searching for a new home, as this condominium has all you need. With generous international standard building materials, efficient decoration, and a splendid internal structure, it is clear why the property is a unique investment that can be appreciated for generations to come. Act fast and secure your dream home today, before someone else beat you to it - this gem will not be available for too much longer!
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 Living Residence Phuket 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.