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Thai Business Development Company Group - companies operating in Thailand more than 7 years. Main directions: investments, construction, hotels, property
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 777 Beach Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment on the signing date of the sales and purchase agreement (30 days after initial reservation). 50% 2nd Installment upon completion of construction of 5th Floor structure 15% 3rd Installment upon completion of construction of the exterior structure of the condominium building 15% 4th Installment upon the completion of the plastering work. 15% 5th 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.
777 Beach Condo is conveniently located just 360 m from Seven Mai Khao House 2, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of 777 Beach Condo, the 3 closest being:
- Red pendant shop is 2.6 km away (an approx. drive of 4 mins.)
- 7-Eleven is 1.8 km away (an approx. drive of 3 mins.)
- 7-Eleven, Baan Yid Branch is 4.6 km away (an approx. drive of 6 mins.)
The surrounding area, where 777 Beach Condo is situated, offers a wide variety of restaurants. See the closest of them below:
- Naina Restaurant is 90 m away (a walk of about 1 min.)
- Sushi Maikhao is 390 m away (a walk of about 5 mins.)
- Bann Kru GiF Restaurant, Ban Kru Gift is 340 m away (a walk of about 4 mins.)
Thalang is the nearest health facility, which is 7.6 km away (you can drive there in 13 mins.) from the project, while the closest schools in the proximity of 777 Beach Condo are:
- Ban Mai Khao School is 620 m away (about 8 mins. by foot)
- Sea Fun Divers Phuket Scuba Diving Mai Khao Beach Holiday Inn is 2.6 km away (an approx. drive of 5 mins.)
- Hongyokbamrung School is 4.5 km away (an approx. drive of 7 mins.)
Phuket International Airport is located 9.3 km from 777 Beach Condo and it takes about 14 mins. by car or taxi (depending on the traffic) to get there.