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This property for sale is a perfect way to start your investment journey in the luxury destination of Phuket, Thailand. Part of the The Panora Phuket Condominiums project, this 37.50 SqM condo comes with 1 bedroom and 1 bathroom, as well as modern designs and fixtures to enhance your living experience. The condominium project was completed in Dec 2018 and is ready for occupancy.The residence is located in the coveted Choeng Thale area of Phuket, allowing for direct access to shopping, dining and entertainment. Enjoy full access to the many amenities and facilities of the project, such as a fitness centre, a pool, and 24-hour security. The convenient location of this condo is perfectly suited for both busy lifestyles and relaxation. This property is priced at a base of ฿5,960,000 (฿158,933/SqM), the most competitive rate in the area. Available for sale, this condo offers an unbeatable opportunity for investors and first-time buyers alike. Don't miss out on the chance to unlock the potential of your own slice of paradise. Contact us today to schedule a viewing.
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 Mida Grande Resort Condominiums you have to follow these steps:
All types Installment Milestone Payment Reservation Deposit Immediately $2,890 1st Installment 21 days after contract signing 100%
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.