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Are you ready to make a move that you will be Proud of? This luxurious yet affordable condo in the heart of Rawai, Phuket, is something that you should seriously consider. At 39.30 SqM, this 1 bedroom and 1 bathroom condo is the perfect size for young professionals or a newly married couple. Completed in May 2020, this condo is the epitome of modern luxury and is part of the newly developed The Proud Condominium project.The amenities you can expect from purchasing this condo include a large pool, fitness center, Jacuzzi, children's play area, 24-hour security system, and the best part – access to the Rawai beach just nearby.Perhaps the most tantalizing aspect of this property is its low base price of ฿4,156,425 (฿105,761/SqM). Not only is this price shockingly affordable, but with Thai government tax exemptions available – making your purchase even more wallet-friendly.This major investment opportunity could be the perfect way to set the stage for a bright and prosperous future. Do not let this opportunity pass you by – enquire now to make the dream of owning an exclusive and modern condo a reality!
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 The Proud Rawai Condominium you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £3,420 1st Installment within 90 days 100%
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.