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If the walls of this 45.79 SqM condo could talk, they'd have tales for days! Tucked away in VIP Kata Condominium 2 in Karon, Phuket, this glossy one bedroom and one bathroom stunner is sure to make potential buyers swoon. A deal like this doesn't come around often; an investment in this rare beauty won't leave you disappointed.Completed in May 2020, this condo is fresh off the presses and has added modern fixtures and features throughout. From its hardwood floors to its chic marble countertops, this residence exudes the feeling of luxury that anyone can appreciate. The mountain and garden views from the private balcony will leave you feeling like you've stumbled upon paradise.This condo won't last on the market for long. With a base price of just ฿6,550,000 (฿143,044/SqM) , there truly is no better value around. Though the property has been newly built, there is still the option to get a mortgage, making it even easier for you to purchase this gem.So, don't wait - let your condominium dreams come true by investing in this stylish condo today. With such an opportune listing, you won't have to worry about missing out. Act now and make a lasting impression on the market with this luxurious condo!
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 VIP Kata Condominium 2 you have to follow these steps:
Installment Milestone Payment Reservation Deposit $2,920 1st Installment Upon contract signing 20% 2nd Installment Foundation works done 20% 3rd Installment Building structure completed 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior and ownership 20%
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.