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Are you looking for a great investment opportunity in Phuket that you can enjoy for years to come? Look no further than this studio condo in the Best Point project in Wichit. You can snag this beauty for just ฿1,630,000 (that's only ฿54,333/sqm!). This property is a whopping 30 sqms of indulgence and contains one luxurious bathroom. The condo was completed in November 2013 and provides a modern living space with a highly desirable address. At ฿1,630,000, you won't find a better deal than this. Not only is this condo offering great value for money, but it is also part of the Best Point project. This translates to top-notch facilities, amenities, and security. Everything you need to make your life needlessly comfortable. Plus, being part of the Wichit territory means that you're within easy reach of some of the best beaches, restaurants, and shopping in Phuket. This studio condo is an affordable paradise that is waiting for you to make it yours. The value, location, and amenities make it the perfect investment—the kind that stands the test of time. Don't miss this incredible opportunity; enquire now!
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.