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This sparkling new condo is a great opportunity for those looking to invest in properties in one of the most idyllic settings Thailand has to offer. Located in the famous resort town of Karon, the Aristo Karon Condominium project is a prime example of what high-end Thai living is.At 43.88 SqM this condominium is a bright and airy one-bedroom and one-bathroom property with a tasteful and modern design. This sizable condo is perfect for those looking to invest in a property that can provide a return on investment and a great atmosphere to live in.It was completed in August 2020 and is priced to sell at ฿6,182,118 (฿140,887/SqM).There's no denying that Karon, Phuket offers stunning views and an overall high quality of life, which makes this condominium an ideal spot for travelers and investors alike. The complex also boasts all of the amenities necessary, including full gym, swimming pools and a garden terrace, making this a great place to unwind and enjoy your days.This condo's convenient location, exquisite design, and alluring price point make this a must-enquire property. Investing in this one-bedroom condominium has the potential to produce a fantastic return for you. Don't hesitate, enquire about this property today!
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.