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If you are looking for an affordable property in a highly sought-after area of Phuket, you have unequivocally come to the right place. This impressive 55 SqM condo is proudly part of the Living Residence Phuket project in Wichit and was completed in December 2013 - a testament to its well-maintained condition.Enjoying all the benefits of a one-bedroom, one-bathroom condo, this property is ideal for singles, young couples, and investor-buyers alike. Internal features include integrated appliances such as an oven and hob, airconditioning, and tiled flooring throughout.Not only is the price attractively low - at ฿4,130,000 - but this cost of ownership also comes in at a listed rate of only ฿75,091 per SqM. Therefore, if you have ever wished to become a Phuket property owner, this terrific condo could be your private paradise.Unwind in its flexible floor plan and make the most of the open-plan living area, the sizeable bedroom with built-in storage, the functional bathroom, and the generously-sized private balcony with incredible views of the surrounding area.Don't delay any longer! Take the first step towards owning your very own piece of Phuket paradise and inquire about this 55 SqM condo now - 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 at Living Residence Phuket 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.