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Occupying a total of 39 square meters within the Best Point project in Wichit, Phuket, this tasteful studio condo complete with one bathroom is an engaging offering. Completed in November 2013, it stands as an excellent illustration of Phuket's enduring appeal as a desirable property investment.The heart of the property is an elegant open plan living and dining room that unites with a practical, function kitchenette. Smartly designed with an integrated kitchen appliance suite, the kitchen is sure to provide the occupant with all that is necessary to create the perfect culinary delight. Complemented by an eloquent and spacious bathroom, the unit is easily on par with most of its peers throughout the region.The unit also boasts a wealth of additional amenities that, when combined, make this condo an alluring proposition. A nearby elevator, parking lot and common gardens are just some of the excellent features that accompany this Bangkok condo, highlighting a true sense of luxury.For those looking for a convenient and enviable lifestyle, this condo represents a highly attractive option. Locally you will be spoilt for choice with a plethora of exquisite local restaurants, enterprising establishments, and recreational activities. Conveniently located a mere 30 minutes from Phuket International Airport, the property assures a hassle-free escape for its resident.For an exceptional location, coupled with a modern and well-designed residence, this condo presents an impressive opportunity. Immediate access to the best that Wichit, Phuket, has to offer its residents make this property a definite must-have. Boasting a base price of ฿1,832,000 (฿46,974/SqM), the studio condo presents an enviable chance to secure a high-end 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 Best Point 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.