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Welcome to the magnificent MGallery Residences MontAzure Lakeside in Kamala, Phuket, a luxurious residence perfect for anyone looking for an idyllic holiday escape or a permanent residence. This 47 SqM studio condo is available for sale now for an irresistibly low price of ฿10,176,275 (฿216,516/SqM). It's the perfect opportunity to get in on this highly sought after and sought after residence. Beautifully crafted to perfection, this studio condo has a great desirable floor-plan with 1 bathroom that was thoughtfully designed to maximize on the space. Enjoy plenty of light and open space, perfect for furnishing and personalizing your home. Boasting sweeping views of the lake, the condo is made to be experienced, with plenty of amenities and features included. The MGallery residence project is due for completion in Dec 2023, making the available studio condo a great investment opportunity not to be missed, with the future value expected to boom. Residents of the MGallery enjoy a host of options such as the private beach and world-class restaurants and cafes all within close proximity. Plus as an added bonus, get access to discounts from malls near the residence and other nearby attractions in Kamala, Phuket. This studio condo is a perfect opportunity for you to enjoy life in perfect harmony and luxury. If you're interested, don't forget to enquire about the available studio condo at the MGallery Residences MontAzure Lakeside project and unlock a world of glamour and pleasure.
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, you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 25% 2nd Installment Completion of foundation 25% 3rd Installment Completion of rooftop 25% 4th Installment On handover 20% 5th Installment On Registration 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.