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A tantalizing opportunity awaits you in enchanting Phuket! This time it's a sizzling 30.55 SqM studio condominium that forms part of the Splendid Condominium project in Karon. Completed in March 2019, this beautiful condo draws the eye with its distinctive style and classy appeal.Investing in this condo is a surefire way to step up your real estate game and open up a world of possibilities. This magnificent property touts 1 bathroom, plenty of built-in storage, great natural lighting, and a stunning view. It's simply to die for!At its core, this condo is a stunningly cost-effective option. Its price of ฿4,582,500 (฿150,000/SqM) puts it in a league of its own along the Karon coastline. It's the best answer for those savvy buyers who know a thing or two about finding great value.In the end, this condo is an irresistible slice of pure paradise. You'd be daft not to take the opportunity to explore this exciting prospect. This place is a dream come true for all those who have dared to dream big. So don't dilly-dally - make that call and get ready to seal the deal!
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 Splendid Condominium you have to follow these steps:
Payment Terms Installment Milestone Payment Reservation Deposit Immediately ฿150,000 1st Installment Upon contract signing 95% 3rd Installment On handover 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.