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Step into a world of ultimate luxury with this unique opportunity to purchase a modern, high-end studio condo in the Utopia Central project. With amazing 24 SqM of living space and exquisite 1 bathroom, this property offers a brilliant opportunity to make a stylish and affordable home in the Kathu district of Phuket.Its recent construction completion date of April 2020 means that the condo benefits from the latest in modern finishing and fixtures. Buyers can enjoy fresh, up to date decor and appreciate the level of quality and craftsmanship on offer.The condo comes with an attractive and competitive price tag of just ฿3,025,000 (฿126,042/SqM). You will be hard pressed to find a comparable property in the market that offers such amazing value and such a convenient location.This property is an ideal choice for investors, young professionals and those looking for an amazing opportunity to make a smart real estate purchase at a low cost. With only 24 SqM of space and 1 bedroom, keen investors will find it to be a great business opportunity.In the heart of Kathu, Phuket, you have the advantage of being close to the beach, shopping centres, schools and other conveniences, while still being surrounded by the natural beauty of the area. Here you can enjoy the best of both worlds – a vibrant urban lifestyle surrounded by stunning scenery and serenity.Discover a new world of possibilities with the 24 SqM studio condo at Utopia Central. Offering low cost convenience, modern styling and a fabulous location, this property is an amazing opportunity not to be missed. Get in touch with us today to enquire and make sure you don't miss out.
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 Utopia Central you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 Down Payment Upon contract signing 30% 1st Installment During Construction 20% 2nd Installment On completion 30% 3rd Installment On handover 20%
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.