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Hey there, future VIP Kata Condominium 2 resident! Have you been dying to have a place of your own in the beautiful Karon, Phuket? Well, have we got the property for you!This studio condo is calling your name. Available now, this 30.48 square meter piece of paradise is the perfect home base to explore the wonders of Karon. Fully complete and furnished, this condo comes with one bathroom and is ready for you to move in.Plus, you don't have to break the bank to own this property. For the base price of ฿4,730,000 (that's ฿155,184/SqM) you can make this condo your permanent address. Plus, if you're a VIP Kata Condominium 2 resident, you get exclusive access to the swimming pool and fitness center!Whoever said you had to be a millionaire to own a condo in Thailand hadn't heard about the VIP Kata Condominium 2 project. So what are you waiting for? Don't miss out on this opportunity of a lifetime: come and visit us so you can check out this fabulous condo!
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 Kata Condominium 2 you have to follow these steps:
Installment Milestone Payment Reservation Deposit $2,910 1st Installment Upon contract signing 20% 2nd Installment Foundation works done 20% 3rd Installment Building structure completed 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior and ownership 20%
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.