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Hang on to your purses and wallets, everyone! 'Cause we've got a gem of a property here that's worth every penny that you'll put in, and then some. It's a 35 SQM unit, which sounds small but is surprisingly roomy, with one bedroom and one bathroom — a perfect little nest for those lookin' for a spot to call their own, whether just for themselves or for those special someone in their lives.Located in the gorgeous The Base Downtown project in Wichit, Phuket, it's only four years young! It's been newly completed in March 2014, so you know all of the bells and whistles are a-workin' and ready to be enjoyed. Plus, when you buy, you get it all at a base price of ฿3,560,000 (฿101,714/SqM) — can you say deal?!Even if you decide this property isn't quite ideal to purchase, you've still got other options. You can rent it out long-term at ฿15,000 per month. Who says you can't live in paradise without breakin' the bank?So what are you waitin' for? Get your butts down to this property before someone else beats you to it! You don't want to miss out on this brilliant opportunity, now do ya?
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 The Base Downtown 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.