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Greetings, potential Phuket property acquirer! You have stumbled upon quite the conundrum: Which property to choose? Fear not! Your search is over. Here, we present you with this exquisite 30 SqM studio condo with 1 bathroom situated in the heart of Wichit, Phuket within the extraordinary Best Point project. Completed in a timely manner in November of 2013, this condo has been extremely well cared for and exquisitely virtually maintained.The base price for this galvanizing condo is a mere ฿1,340,000, which comes out to ฿44,667 per SqM. What an incredible deal! The low price combined with the exquisite location makes this condo one of the most delectable real estate opportunities in Phuket. It is simply too tantalizing to pass up- this is the value you have been wishing for.Beyond the low price and magnificent location, there are numerous other consequential amenities. The sparkling pool is a testament to the healthy living standards present in the building, while the spacious common area is the perfect opportunity to flex your social muscles. There is also an on-site gym, allowing any fitness enthusiast to incorrigibly stay in shape.Do not delay! This is an opportunity that must be taken advantage of. We encourage you to contact us for more information about this captivating condo- and begin your Phuket real estate adventure today!
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 Best Point 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.