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This 24 sqm studio condo offers a fantastic opportunity for prospective investors to acquire a high-yielding property that enjoys a premium position. Ideally situated in Nong Prue, Chon Buri, the Laguna Beach Resort 1 project features a host of desirable features and amenities.The condo itself boasts modern construction standards and impeccable styling, benefiting from 1 bathroom and balcony. Completed in June 2015, the condo also benefits from pristine condition. Its strategic location and modern features guarantee future growth potential and a high quality of living.Prospective buyers can avail of a base price of ฿1,150,000 (฿47,917 per sqm), making it a highly desirable investment. The condo presents an excellent opportunity for investors looking to increase their property portfolio value and benefit from strong rental yields. A series of reputable local attractions, such as Central Festival Pattaya, Pattaya Floating Market and Nong Nooch Tropical Botanical Garden, are all conveniently accessible, offering immense potential for growth.This opportunity would well suit investors seeking a modern, stylish and highly desirable property. With its carefully crafted interior design and excellent potential for capital return, this laguna beach resort condo is a highly profitable 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 Laguna Beach Resort 1 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿20,000 1st Installment On Contract within 2 Weeks 15% 2nd Installment Within 1 Months 85%
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.