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2-BR Condo at Unixx South Pattaya close to Phratamnak Type: 2 bedroom, corner unit Size: 62.40 sq m. Conner unit Fully furnished Panorama view Foreign name Floor: High floor tax 50-50%. Building features: Building completed in 2014 24-hours security Covered car park Sauna Relaxing swimming pool Gym Car park Security cameras Modern jacuzzi.
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 Unixx South Pattaya you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $728 1st Installment Upon contract signing $728 2nd Installment On handover 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.