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Lookin' for a cool pad that won't break the bank? Want to own a piece of the Best Point project in Wichit, Phuket? Here's the deal for you: a 30 square meter, one bathroom studio condo for sale, ready and waiting for you to spruce it up and make it your own - and it'll only cost ya 1.63 million baht (that's 54k baht per square meter). Your chance of a lifetime, so don't miss out!Built in 2013, this studio has all the basics, but the possibilities are endless - think fresh and funky colors, creative storage solutions, and whatever other creative concepts your heart desires. Plus, this baby was built in the Best Point project, need we say more? So if you're lookin' for a great price on a small space designed with potential, then this one's got your name written all over it. So whatcha waitin' for? Come on down and check it out for yourself!
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.