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This 82.43 SqM condominium, nestled in the opulent Saturdays Residence project of Rawai, Phuket, warrants serious consideration for prospective buyers looking to invest in world-class real estate. Originally completed in September 2016, the 2-bedroom, 2-bathroom condominium offers an attractive base price of ฿9,500,000, or ฿115,249 per SqM.This property embodies a lifestyle of cosmopolitan resort-style living, sure to provide its owner with a sense of comfort and well-being. Situated amongst luxurious surroundings, it is a well-rounded purchase with lavish aesthetic that any discerning consumer will envy. With a secure and flourishing neighbourhood, it is a safe and desirable investment.The condominium boasts plush, modern fixtures and appliances, lending itself to an array of amenities both inside and outside the residence. It offers easy access to beaches, parks, numerous tourist attractions, diversified shopping centres, and a myriad of restaurants and eateries. Beyond the luxuries of comfort and modernity, the condominium also houses ample space and provides a sophisticated lifestyle.If you seek a home of convenience built to high standards of quality, yet do not compromise on comfort, this spacious condominium presents itself as a pragmatic and irrefutable choice. Its trifecta of virtual convenience, modern aesthetics and an area of prestige, along with its competitive base price, makes this condominium available for purchase an unrivalled gem of charisma.
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 Saturdays Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿500,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.