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AML Developments have used all of their experience and innovative ideas to bring you The Elegance. The design and concept of this project will be the first of its kind in Pattaya, incorporating traditional yet contemporary finishing into a very modern and elegantly styled building. With different unit 17 types, over square 2,500 meters of public areas, a never-ending list of unique facilities, and to top it off, a prime location in the heart of Pratamnak, the most luxurious area of Pattaya. All units have been designed to specification to make the occupant feel comfortable yet surrounded by luxuries, with superb sea views from a wide selection of units to having tropical landscaped gardens for the ground floor units.
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 The Elegance you have to follow these steps:
Payment Plan FQ Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 50% 2nd Installment On handover 50% Payment Plan TQ Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.