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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 Karon Butterfly you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,640 1st Installment upon signing the Purchase Contract within 30 days from the signature of the Reservation Agreement 40% 2nd Installment Balance upon keys handover within 3months 60%
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.
Karon Butterfly is conveniently located just 490 m from Ice Family Tour, which can be reached within 8 mins. by foot.
There are many other shops situated in the area of Karon Butterfly, the 3 closest being:
- 7-11 Thai Na Road Branch (8198) is 790 m away (about 12 mins. by foot)
- Warm Mart is 1.5 km away (an approx. drive of 4 mins.)
- 7 Eleven is 1.8 km away (an approx. drive of 4 mins.)
The surrounding area, where Karon Butterfly is situated, offers a wide variety of restaurants. See the closest of them below:
- Bird mini mart is 70 m away (a walk of about 1 min.)
- Future Inside Company Limited is 220 m away (a walk of about 5 mins.)
- NUT Restaurant is 160 m away (a walk of about 4 mins.)
Phuket is the nearest health facility, which is 670 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Karon Butterfly are:
- Sunrise Divers Phuket Thailand is 490 m away (about 8 mins. by foot)
- Kon-Tiki Karon Dive Center is 610 m away (about 10 mins. by foot)
- Yoga Teacher Training Thailand by Yoga Nisarga is 830 m away (about 13 mins. by foot)
Phuket International Airport is located 47.7 km from Karon Butterfly and it takes about 1 hour 7 mins. by car or taxi (depending on the traffic) to get there.