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This spacious 35 SqM condo with 1 bedroom and 1 bathroom is a superb opportunity to purchase a condo as part of the prestigious Naka Bay Seaview Condo project in Kamala, Phuket, with an estimated completion date in December 2023. This condo offers scenic views of the Naka Bay, a tranquil setting surrounded by lush greenery, and a variety of modern amenities that provide both convenience and relaxation. This condo is offered at a base price of ฿3,700,000 (฿105,714/SqM), a great value for all that this property includes. Aside from the vibrant setting, this condo includes all the essential amenities such as a swimming pool, fitness center, gym, sauna, and more.This condo also includes a fully-equipped kitchen, plenty of storage space, and modern fixtures and appliances. With easy access to local shops, restaurants, and other attractions, this condo is perfect for anyone looking for a home away from home. If you are interested in owning a condo in the exclusive Naka Bay Seaview Condo project, then don't hesitate to enquire about this property. With the stunning views and modern amenities, this 35 SqM condo is available at a great price and will provide years of comfort and relaxation.
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 £4,630 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.