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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 The Proud Rawai Condominium you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿150,000 1st Installment within 90 days 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.
The Proud Rawai Condominium is conveniently located just 210 m from 7-Eleven, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of The Proud Rawai Condominium, the 3 closest being:
- Tuck beauty's shop is 630 m away (about 8 mins. by foot)
- three ground is 800 m away (about 10 mins. by foot)
- Lotus Rawai is 2.2 km away (an approx. drive of 6 mins.)
The surrounding area, where The Proud Rawai Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
- Mirage Restaurant & Cafe is 30 m away (a walk of about 1 min.)
- Raja Palm Restaurant is 40 m away (a walk of about 1 min.)
- Baan Klang Nam is 100 m away (a walk of about 2 mins.)
Rawai Health Promoting Hospital is the nearest health facility, which is 1.9 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of The Proud Rawai Condominium are:
- Rebreather Thailand is 390 m away (about 4 mins. by foot)
- Thai Explorers Society is 580 m away (about 7 mins. by foot)
- Blue Label Diving is 770 m away (about 10 mins. by foot)
Phuket International Airport is located 47.8 km from The Proud Rawai Condominium and it takes about 1 hour 1 min. by car or taxi (depending on the traffic) to get there.