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This isn't just any old studio apartment – this is a chic, 76 square meter sanctuary of solace. If you seriously want the life of luxury, it's time to bid the 'basics' adieu. Check out this beauty in the Chic Condo project in Karon, Phuket. Built in November 2012, it's fully unlocked and easily accessible – and it won't break the bank. Let's face it, where else can you find a luxurious apartment with one bedroom and one bathroom at just ฿59,342/SqM? Nowhere! This is the deal of a lifetime, and you don't want to miss out on your chance to own a piece of real estate in an area that's two steps ahead of the rest when it comes to enviable city living. Beyond the perfect balance of square meters and the best price on the market, this property is equipped with all the bells and whistles to turn your home into a den. And with a base price of ฿4,510,000, phuket chic urban living can be yours for the taking. Don't make a misstep – inquire about this property before it's too late!
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 Chic Condo 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.