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Are you in the market for a luxurious studio condo that offers something truly special? Look no further than this 54 SqM beauty from the MGallery Residences, MontAzure Lakeside project! With 1 full bathroom, this tranquil spot is the perfect modern haven for anyone who desires a bit of exclusivity.Plus, being located in Kamala, Phuket means you get to experience all that stunning seaside beauty whenever you choose! With the project scheduled for completion in Dec 2023, you can purchase this condo now and be set up in the near future.Commodities that anyone could only dream of await you. Purchase this studio condo for the base price of ฿10,943,350 (฿202,655/SqM), and your dreams of true Phuket-style luxury can come true! Contact us today for more info -- you won't regret it!
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, you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $2,920 1st Installment Upon contract signing 25% 2nd Installment Completion of foundation 25% 3rd Installment Completion of rooftop 25% 4th Installment On handover 20% 5th Installment On Registration 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.