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Prepare to be wowed! This fantastic condo located in Karon, Phuket is a real showstopper. Offering 43.88 SqM of floor space and comprising of 1 bedroom and 1 bathroom, this property has an estimated value of ฿6,182,118 (฿140,887/SqM).Part of the Aristo Karon Condo project, this building was completed in August 2020, so it is brand new and ready to view. We can guarantee the first person to view this property will be sure to snap it up quickly! The perfect opportunity for a great investment awaits. With an estimated value of ฿140,887/SqM, you can be sure of getting a great return for your money. Or it could make for the perfect home excuse to get away from it all and make the most of your downtime.So what are you waiting for? Make your viewing appointment today to fully appreciate this incredible opportunity.
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 Aristo Karon Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,520 1st Installment Upon contract signing 35% 2nd Installment % construction completion 35% 3rd Installment On handover 30%
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.