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Freehold condo for sale. Great choice for investors. This is an Air BnB apartment on 7th floor (top floor is 8th) with fully equipped and well-decorated interior with wallpaper! Need to sell quick due to moving out of Thailand. Agents are welcomed. Please contact me for details. Type: 1 BEDROOM - fully furnished 1 Bed 1 Bath - Apartment Project: Dcondo mine, by Sansiri Size: 30 square meter Tenure: Freehold Fully furnished with wallpaper Kitchen counter built-in Freezer fridge Hot water Washing machine Air conditioner Location: Convenient transportation by Public Phuket smart bus for travel to Patong beach and Phuket town. 1 minutes to Kajonkiet International school 4 minutes to Headstart International school 5 minutes to Central Foresta Phuket 10 minutes to Patong beach.
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 D Condo Mine 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.