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This 35 SqM condo is an absolute gem, located in Kamala, Phuket. With one bedroom and one bathroom, and an additional balcony, the property is perfect for single people, couples, or small families. The exciting Naka Bay Seaview Condo project is scheduled for completion in December 2023. The entire complex will be modern and equipped with a wide range of communal facilities, such as a pool, a gym, and a landscaped gardens. In addition, the condo will benefit from a spectacular sea view, where you can admire the stunning beauty of the nearby islands of Thailand. The base price of ฿4,900,000 (฿140,000/SqM) makes this condo exceptionally accessible and available to many. Being around the Kamala area, you will get to experience the lovely beaches and enjoy the local culture. Furthermore, there is a wide range of dining and shopping options, which will make living in this beautiful area even more enjoyable. Therefore, this 35 SqM condo with 1 bedroom and 1 bathroom provides an ideal setting for a dream lifestyle. When you view this condo, you will instantly see the potential of transforming this amazing property into your ideal home. Do not miss out on this incredible opportunity, and contact us today for more information.
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 ฿200,000 1st Installment Upon contract signing 40% 2nd Installment Upon completion of infrastructure 10% 3rd Installment Upon building foundation completion 10% 4th Installment Upon building structure completion 10% 5th 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.