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Behold - a luxurious condo within Phuket's stunning Naka Bay Seaview Condo project. With 35 square meters, 1 bedroom and 1 bathroom, the opportunity to own this abode is within reach. Scheduled for completion in December 2023, buyers can benefit from this timely investment. Priced at ฿4,700,000, that's ฿134,286 per square meter, this sale represents enhanced value with unbeatable convenience - especially given its strategic location, and the amenities provided therein. The condominium also enjoys extra facilities including children's play area, and swimming pool - not to mention the serene surrounding beach and view which one can enjoy on warm days, allowing him or her to really plunge into peace and tranquillity, the very essence of dwelling by the coast. Enquire today, and give yourself the superior, rewarding lifestyle you deserve!
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, you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $5,920 1st Installment Upon contract signing 40% 2nd Installment Upon completion of infrastructure 10% 3rd Installment Upon building foundation completion 10% 4th Installment Upon building structure completion 10% 5th Installment On handover 30%
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.