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Discover the unparalleled charm of Coconut Bay, nestled along the pristine white sands of Koh Lanta’s captivating West coast. This exclusive ground-floor beachfront apartment unveils breathtaking sea and beach vistas: presenting an exceptional opportunity for beachfront living and a lucrative investment. Ideally positioned just North of the renowned Khlong Nin Beach, this 120 sqm apartment provides easy access to Koh Lanta’s premier attractions and amenities. The expansive open-plan living space features two generously sized ensuite bedrooms, a meticulously designed kitchen equipped with state-of-the-art electric and gas oven, hob, built-in extractor hood, and fridge freezer. Immerse yourself in luxury with high-spec bathrooms showcasing spacious shower areas, contemporary sink units, and WC, adorned with quality ceramic tiles throughout. The private balcony offers a picturesque setting for sunset sea views, creating an idyllic retreat amidst tropical surroundings. Indulge in direct access to communal landscaped gardens, a shared swimming pool, and the pristine beach, complemented by an onsite restaurant for your culinary delight. Ready for immediate occupancy, this meticulously constructed apartment assures buyers of quality and peace of mind. With an estimated rental yield of approximately 10% based on 2024 rack rates: this Coconut Bay beachfront apartment emerges as an enticing investment opportunity.
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 Coconut Bay you have to follow these steps:
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.