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This office-space condominium provides a unique and luxurious investment opportunity for those seeking to capitalize on the growing market of Phuket. This primo 43.88 SqM unit within the sought-after Aristo Karon Condo project, is an ideal space for a first-time investor or a far-sighted business professional.Completed in August 2020, this elevational dwelling boasts 1 bedroom and 1 bathroom and an accommodating price tag of ฿6,182,118 (฿140,887/SqM). Located in the bustling area of Karon, it sits in the heart of the cosmopolitan hub, surrounded by the best attractions Phuket has to offer.This space stands out in terms of attention to detail, with its sleek and stylish design features. Built with contemporary materials, this condo provides the go-getter or businessperson a personal escape and sanctuary to call their own.The Aristo Karon Condo project offers security that is hard to beat, with 24-hour surveillance to give you peace of mind as you conduct your business pursuits. Furthermore, an on-site recreational area and infinity pool ensure you have plenty of amenities to relax and unwind after a busy day.Don't miss this investment opportunity and enquire on this prime property today. Act now before the competition snaps it up!
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 £4,640 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.