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Are you looking to purchase a great property in Patong and call it your own? Look no further than the Emerald Terrace! Completed in 2015, this stunning and impeccably maintained 38 SqM studio apartment is sure to please - fitted with 1 bathroom and a sky-high price of ฿3,200,000 (฿84,211/SqM), investing in real estate has never looked better.Located in the thriving capital of Phuket, Patong is quickly rising in popularity with tourists and locals alike. The city contains picturesque landmarks, surprisingly tasty street food, and plenty of long, sandy beaches waiting for you to explore. With Emerald Terrace so close, you can finally enjoy the Phuket life with ease.Inside of this beautiful boutique condominium is even more impressive. You can expect to find a large array of amenities, from state-of-the-art gyms to an outdoor swimming pool to welcome outdoor barbecues. A security system is in place, so you can rest assured that your home is safe. No matter how you look at it, you'll find relaxation and convenience with this studio apartment.This opportunity won't last for long, so why not get your foot in the door of owning a property in Patong and make the Emerald Terrace your happy place? Enquire now and make this extraordinary chance yours!
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 Emerald Terrace 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.