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This beautiful apartment fully furnished two bedrooms. The two bedroom beach side apartment consists of: Large open-plan living space, including a beautiful fitted kitchen with the latest electric and gas oven and hob, built-in extractor hood & fridge freezer, 2 x high-spec bathrooms (including 1 x en-suite), each including a large luxury shower area, modern sink units & WCs, finished with quality ceramic tiles throughout, 1 x double bedroom with en-suite, 1 x 2nd double bedroom, built-in storage space, private balcony, and direct access to communal garden with large shared swimming pool and beach. This apartment has been superbly finished, and so ready to move in and enjoy. The quality of the construction and materials used ensures utmost peace of mind for buyers. Hard-wearing, attractive materials have been used to minimize wear-and-tear and so keep maintenance to a minimum. This Coconut Bay beach side apartment offers an expected rental yield of at least 10% NET return on investment following all costs for this upcoming 2018/19 tourist high season. This Koh Lanta two-bedroom beach side apartment represents a truly unique and financially attractive investment opportunity on Koh Lanta which is not to be missed.
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 Coconut Bay 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.