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Do you want to live the luxurious lifestyle that all your friends envy? Do you want to be part of an exclusive community within the idyllic and stunning beauty of Thailand? Are you in search for an opulent penthouse by the sea? Look no further! We have an exquisite 4 bedroom, 3 bathroom penthouse, part of the Living Residence Phuket project, set in the sunny and picturesque island of Wichit in Phuket, ready for you to add to your portfolio. Constructed as recently as 2013, this 170 SqM property is the perfect place to call 'home.' With a price tag of only ฿11,000,000 (that is just ฿64,706/SqM!), it is not only the opportunity of a life time but the perfect investment that will give you the highest returns and the lifetime of luxury that follows. Dazzle your friends with the postcard-ready atmosphere, or buy yourself the serenity and tranquility that this majestic island offers. Add to that, the tremendous features and lifestyle that this breathtaking penthouse gives you. The kind of lifestyle and views that it is bound to make your time here luxurious and secure. You can never go wrong with this penthouse. Come now and grab this extraordinary opportunity to be part of a first-class luxurious living and be featured in everyone's Instagram stories! So don't be a wallflower anymore, inquire now and take a tour of this amazing property!
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 Living Residence Phuket 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.