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Nestled in the vibrant hills of Patong, this condominium is located in a Thai-design complex on Patong Hill. The property offers prime access to a wide array of tourist destinations and essential amenities. Spanning 100 sqm, the living space is designed for optimum comfort. The condominium boasts state-of-the-art facilities, including a huge common pool, fitness center, and bar restaurant, enabling residents to enjoy a lifestyle of happiness and convenience. The property also features outdoor common parking and security, making it ideal for living or renting out. This is a unique opportunity to invest in Patong’s dynamic environment. Contact us today to schedule a viewing and explore the potential of making this exceptional condominium your new home.
Property Details:
Ownership – Leasehold Facilities:
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 Sai Rougn Residence 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.