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Awash in the sublime beauty of nature, the VIP Karon project offers stunning condos in the stunning location of Karon, Phuket. A paradise on earth, Karon is renowned and beloved by many, encapsulating its illustrious culture in every corner. It is thus fitting that an opportunity to own property in such a celebrated location has presented itself. A superbly crafted 40.50 SqM condo is now available for sale as part of the VIP Karon project. Boasting 1 bedroom and 1 bathroom, it exudes a serene and cozy ambiance, offering solace and comfort from the hustle and bustle of urban life. Every inch of the property radiates the beauty of its locale, inviting you to marvel at its perfection. The condo was completed in June 2022 and available for purchase at a base price of ฿6,321,000 (฿156,074/SqM). Its dynamic features enable you to savor every moment of your stay, transforming a mere condo into a sophisticated home. Whether it be to make a homely abode, as a worthy investment, or both, this property offers numerous possibilities — a feat that is exemplified by its reverence and unparalleled magnificence. Discover a haven of tranquility with this amazing opportunity to purchase a condo in the esteemed VIP Karon project. Invite the beauty of the outdoors indoors and start an unforgettable journey. Seize this chance to own a piece of paradise with its promise of a spectacular life in Karon. Inquire now to unlock the potential of this marvelous property.
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 VIP Karon you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment Foundation start 20% 3rd Installment Building structure completion 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior 5% 6th 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.