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Be charmed by the luxury and indulgence of this condo set in the peaceful Kata District of Phuket. With 51.30 square metres of sublime living space, this impeccable 1-bedroom, 1-bathroom condo will rejuvenate your idea of perfect living. Contemporary design, modern interiors and spectacular views come together for a beautiful balance in this home located in the VIP Kata Condominium 2 project. This idyllic property was completed in May 2020 and provides a getaway close to nature and away from the hustle of the city.Offering supreme value, the condo comes with a base price of ฿7,890,000 or ฿153,801 per square metre. With its close proximity to the city and its relaxing atmosphere, this property could be your ideal secluded home away from the city. For its land-secured domains and modern amenities, this condo should not be overlooked. It's an ideal investment opportunity and a chance to enter into the Phuket real estate market. Enquire now to discover the potential of this awe-inspiring condo and its lifestyle benefits.
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 $2,930 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.