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"The Empire Tower" is a 23-storey apartment condominium, located in Jomtien, less than 500 metres from the beach.In the complex: rooftop swimming pool, lounge bar, sun terrace, sauna and steam room, fitness center, 24-hour front Desk, children's area, WIFI Internet in all public areas, covered Parking, additional cleaning and 24-hour security, access to security cards and a guarded cabin at the entrance and exit.Empire Tower has allocated shopping areas on the ground floor for upscale restaurants, cafes, bistros, shops. Additional transportation services will be provided to take residents to the beach, Marina, bus station, Bali Hai pier, as well as to the main shopping and entertainment areas. Open space on 5 roof levels adds an extra feature to the project: Roof of the Empire Level 1 on the 10th floor: Modern garden Roof of the Empire Level 2 on the 12th floor: Alice's Maze in Wonderland Roof of the Empire Level 3 on the 15th floor: Classic garden Roof of the Empire Level 4 on the 19th floor: Holistic garden Roof of the Empire Level 5 on the 22nd floor: Seating area for coffeeThis unit in particular is on the 5th floor with a seaview at a size of 32 sqm.
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 The Empire Tower Pattaya you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $1,440 1st Installment Down payment 15% 2nd Installment Installment (until Dec 23) 20% 3rd Installment On handover 65% Installment Milestone Payment Reservation Deposit Immediately $1,440 1st Installment Down payment 25% 2nd Installment Installment (until Dec 23) 50% 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.