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Topfloor Condo, with seaview in two directions Ownership: Freehold Title Size: 84 m2 including two terraces Furniture: Fully furnished CAM Fee: 80 Baht/m2 per month Sink Fund: Paid Rental program options It is possible to have a rental agreement with Absolute or Let’s Phuket, in order to cover costs and to get an income to the Owner. Facilities The Freehold Title includes ownership in common areas such as: - Pools (4 pools) - Gym - Sauna (steam and dry) - Parking places - Etc The facility also includes: - Reception (24 hours) - Shuttle bus service to Patong - Security (24 hours) - Blue Mango restaurant (top ten in Phuket) - The Kitchen Table (pizzeria and restaurant) - Spa and Wellness - Poolbar - Yoga room - Bar at restaurant Operators at the facility - JLL (condominium juristic person) - Absolute (hotel and common area operation) - Let’s Phuket (room rental) The nearby area - Green and beautiful peninsular (sea and rainforest) - 3 km from Patong - Neighboring hotels (Rosewood and Marriot) - Family Mart (1 min walk) - Taxi service (1 min walk) - Restaurants and small shops in the area - Merlin Beach (2 min walk) - Tri Trang Beach (5 min walk) - Freedom Beach (5 min w. taxi or boat) - Paradise Beach (5 min with taxi)
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 Absolute Twin Sands I 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.