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Welcome to your new home at Swiss Palm Beach Resort! This beautiful 2 bedroom condo is perfect for those who want to enjoy the best of both worlds the tranquility of a private residence and the convenience of being close to all the action. With its spacious living area, fully equipped kitchenette, and comfortable bedrooms, this condo is perfect for families or couples looking for a relaxing getaway. Enjoy stunning views of the surrounding area from your private balcony or take a dip in the resort’s outdoor swimming pool. With free Wi-Fi and free parking available, you’ll have everything you need to make your stay comfortable and enjoyable. Don’t miss out on this amazing opportunity to own your own piece of paradise!When bought the leasehold is prepaid for 3x30 years which make this a pretty secure leasehold. The location is surrounded by resturants and all the amenities Patong have to offer within short walking distance, which makes it very easy to rent out.
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 Swiss Palm Beach 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.