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Take a leap into seaside paradise – it's only four years away from now! This property is a 35 SqM condo located in the Naka Bay Seaview Condo project in Kamala, Phuket, and it is your ideal opportunity to make living the dream a reality. Upon the project's completion in Dec 2023, this one-bedroom, one-bathroom dwelling will be all yours – ready to envelop you in its stylish interiors, relax you with views of the tranquil bay, and bring you closer to the sea.Just think: you will soon have a perfect space to do with whatever you desire. All you need is an eye for design, some creative ideas, and a little capital to make it all come to life. And the great news is, the base price of ฿4,500,000 (which comes down to ฿128,571/SqM) is well within the reach of your budget.Enquire now to give yourself the chance of living in one of the most sought-after locations in Phuket! You'll be soaking up mornings of sunshine and enjoying an unbeatable lifestyle in no time.
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:
Installment Milestone Payment Reservation Deposit Immediately £4,560 1st Installment Upon contract signing 40% 2nd Installment Upon completion of infrastructure 10% 3rd Installment Upon building foundation completion 10% 4th Installment Upon building structure completion 10% 5th 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.