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Exclusive Golf view 1 Bedroom Luxury Condominium in Chengtalay Size: 59.52 SQM Ownership: freehold View: golfview Designed with modern aesthetics, utilizing natural materials such as wood, stone, and glass. The interiors are delivered with turnkey finishing, ensuring a seamless move-in experience. In addition to its stunning residences, it offers an array of amenities designed to enhance your lifestyle. The complex includes: - Spacious terraces for outdoor relaxation - Dedicated rooms for maids - State-of-the-art facilities surrounded by natural beauty More than just a place to live; it’s a sanctuary where luxury meets nature. Embrace the opportunity to own a piece of paradise in one of Phuket's most sought-after developments.
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, you have to follow these steps:
Payment Plan for Foreigner Installment Milestone Payment Reservation Deposit Immediately £4,710 2nd-3rd Installments Contract Signing Payment (Deduct Reservation Payment) / Complete construction of footing and ground work 35% 4th Installment Complete concrete and roof structure 20% 5th Installment Complete brick wall, conduit and pump work 20% 6th Installment Complete door, window, wall plastering, tile, ceiling and finishing progress 10% 7th Installment On handover 5% Payment Terms for Thai Installment Milestone Payment Reservation Deposit Immediately £4,710 1st Installment Contract signing payment (deduct reservation payment) 10% 2nd Installment Down Payment 27 Installments 25% 3rd Installment On handover 65%
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.