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Ahoy there, fellow traveler! Are you searching for the perfect sanctuary of relaxation and respite from the hustle-bustle of hedonistic and harried city living? Look no further! We offer here a premier piece of Phuket paradise; a 32 square meter studio condo, available for sale now in the chic and modern 'ReLife The Windy' project in Rawai. If the sound of 'each and every amenity at your fingertips' appeals, this estate could well be the ideal answer to your dreams. A mere pittance of ฿4,242,336 (฿132,573/SqM) will get you a haven of respite - with a fully-fitted bathroom, and in the luxurious assurance that your new abode was completed in Sept of 2019. Relish in the breathtaking beauty of the undulating Andaman Sea, add a sprinkle of tranquility to your day-to-day, and reward yourself with a rare opportunity for sublime escapism. Come and buy now, before you're too late!
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 ReLife The Windy you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment 15 days after contract signing 50% 2nd Installment Interior Completion 25% 3rd Installment Construction Completion and transfer ownership 25%
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.