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Are you looking to invest in a luxurious condo with nothing to spare? Then the Aristo Karon Condo project is the perfect property for you!Situated in one of Phuket's prime spots--Karon--this extraordinary 43.88 SqM one-bedroom and one-bathroom condo is the perfect sanctuary to escape to. Constructed in August 2020, you won't be disappointed with the exquisite build, from the high specs and gallery-quality installations to the first-class fixtures and fittings.The property comes with a base price of ฿6,182,118 at ฿140,887 per square metre, a price that cannot be beaten. From here, the price is only set to rise as the perfect holiday destination, Karon, continues to attract traders and tourist alike, offering you a high return on investment and bonus return on renting as a holiday retreat for those in search of luxury.If you're looking for high quality and unbeatable value, then enquire now on this property before it's gone!
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 Aristo Karon Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 35% 2nd Installment % construction completion 35% 3rd Installment On handover 30%
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.