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If you're looking for the perfect property to ease yourself into resort-style living, then this one-bedroom and one-bathroom condominium unit in The One Naiharn project located in Rawai, Phuket, may be just the thing you need. Scheduled for completion in August 2023, here's an opportunity to own a 39.21 square meter space for a base price of ฿5,090,000 (฿129,814/SqM)—a great deal considering the breathtaking views that come with it!Step inside and discover an idyllic dwelling adorned with a wide array of modern styling and amenities. The spacious bedrooms provide luxury while the well-designed living areas encourage relaxed living. With the robust construction and the premier location, this condominium could be your warm abode in the midst of a lush tropical paradise.In Phuket, there is no shortage of entertainment, dining and relaxation options. And these are all made more accessible as this condominium is close to the seafront and perfectly located right next to various attractions. Do not miss out on the incredible opportunity that awaits one lucky buyer looking for the perfect little Phuket paradise.On a clear night, you can sit on the balcony, let the fresh air fill your lungs and gaze at the stars twinkling in the night sky. With the reasonable price point and exceptional elements that come with this exclusive condo unit, now is the perfect time for you to make an inquiry about this delightful homesite that could be all yours!
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:
Standard Installment Milestone Payment Reservation Deposit Immediately $4,350 1st Installment Upon contract signing 35% 2nd Installment Foundation completion 20% 3rd Installment Structure completion 20% 4th Installment Interior and furniture installation (minus reservation) 20% 7th Installment Unit Registration 5% Financing Installment Milestone Payment Reservation Deposit Immediately $4,350 1st Installment Upon contract signing 50% 2nd Installment Financing 50% Buy Back 100% Installment Milestone Payment Reservation Deposit Immediately $4,350 1st Installment Upon contract signing 100% Rental Guarantee Advanced Installment Milestone Payment Reservation Deposit Immediately $4,350 1st Installment Upon contract signing 100% Thailand Elite Visa Installment Milestone Payment Reservation Deposit Immediately $4,350 1st Installment 30 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.