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Do you have the cash to make your dreams a reality? Then welcome to the prime oasis that is the VIP Karon project! It's time to get ready to up your real estate game with this top-notch 97.33 SqM condo that's just waiting to be snagged up by you!Right in the heart of Karon, one of Phuket's most beautiful cities, this condo is the perfect spot to bring luxury and relaxation together like never before. Plus, with 2 bedrooms, 2 bathrooms, and enough full-sized furniture to keep your humble abode comfy and cozy, it won't take you long until that rental life fades away in the rearview. Even better, you won't have to wait long at all to make this place truly yours — as it was completed in June 2022! The final cherry on top? You can nab this top-notch condo for a base price of ฿11,680,000, less than ฿120,004 per SqM!So, if you're looking for the absolute perfect property in a stunning locale, the VIP Karon project could be the ace up your sleeve you've been waiting for! Don't wait any longer — pick up the phone and enquire to make this property yours 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 Karon you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $2,950 1st Installment Upon contract signing 30% 2nd Installment Foundation start 20% 3rd Installment Building structure completion 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior 5% 6th Installment On handover 5%
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.