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This luxurious 1 bedroom, 1 bathroom condo is located in one of the most desirable areas on Phuket: Karon. Measuring 44.32 sqm, the condo is part of the VIP Kata Condominium 2 project, completed in May 2020, and boasts a range of high quality amenities. It is now available for sale at a highly competitive base price of ฿6,390,000 (฿144,179/SqM). This is tremendous value for money considering its stunning location, excellent facilities and modern design.The condo enjoys breathtaking views of the Kata Beach, along with direct access to the VIP Lounge. In addition, you can make the most of high-end facilities such as a full-service spa, an outdoor pool, a well-equipped gym, a terrace garden and much more. Security is also provided 24/7.The interior of the condo is exquisitely designed and features modern furnishings, air conditioning and a fully equipped kitchenette. Offering the perfect combination of style, comfort, and convenience, this spacious unit is ideal for those looking to enjoy coastal living at its finest.This condo presents a rare opportunity to purchase a high-end property in a desirable location. If you are interested in securing this property as your own piece of paradise, do not hesitate to enquire today.
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 $2,960 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.