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Now's your chance to transform into an investor extraordinaire! The perfect opportunity arises with this spectacular 107 SqM apartment in the beloved Chic Condo project - guaranteed to be the talk of the town. From its prized Karon, Phuket location, to its completion in the esteemed November 2012, the offering exudes opulence and potential. Fittingly nestled in a 1 bedroom, 1 bathroom apartment, the sale includes a regal base price of ฿6,350,000 (฿59,346/SqM), affording the savvy investor a return on investment exceptionally difficult to come by in the current market. From thriving nightlife and education opportunities, to being close to major transportation hubs and infrastructure, this estate promises an unparalleled guarantee of investment security. Don't be left behind, enquire today and get the keys to progress!
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 Chic Condo 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.