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The elegance cozy beach 2 BR 2 bed 2 bath 123 sqm 1 st floor Nice quality FQ Transfer fee 50:50 Situated in Pratumnak, the most sought-after and luxurious area in Pattaya, Elegance is an exclusive development that epitomizes a tropical yet luxurious lifestyle in the heart of Southeast Asia. All units have been designed to a specification to make the occupant feel comfortable yet surrounded by luxuries, with superb sea views from a wide selection of units to having tropical landscaped gardens for the ground floor units. With cutting-edge concept design and industry-leading build quality, the Elegance Condo in Pattaya sets the benchmark for other developments in the city and throughout Thailand. Discerning buyers will appreciate the thought and consideration that has gone into every single element in the design and construction of the Elegance Condominium in Pattaya, which firmly places it as a cut above other developments in the area. Whether looking for a condo in Pattaya for use as a main residence, a vacation home or an investment property, we truly believe that an apartment in Pattaya will ultimately deliver a great lifestyle or a notable return on investment.
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 Elegance you have to follow these steps:
Payment Plan FQ Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 50% 2nd Installment On handover 50% Payment Plan TQ Installment Milestone Payment Reservation Deposit Immediately ฿50,000 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.