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Are you looking for the perfect condominium with a delightful seascape view that allows you to unwind and enjoy the mesmerizing turquoise waters of Thailand? Then look no further than this stunning 47 SqM studio condo that is up for sale! It is part of the MGallery Residences, MontAzure Lakeside project in Kamala, Phuket and promises to offer an extraordinary experience that comes with being close to nature yet within an urban enclave of modern amenities. This luxurious condominium complex has been designed to appeal to discerning buyers. Not only does it offer exquisite views across the sparkling turquoise waters, but it is also one of the few condominiums in Kamala that offers its shareholders access to fantastic beaches and private piers. The modern construction of this condo offers stylish interiors, complete with top-notch appliances and design. It comes with 1 bathroom and is equipped with natural ventilation and a green outdoor space, which will make you feel tiny-in-a-good-way. When you opt for the MGallery Residences MontAzure Lakeside project, you can expect nothing short of the highest quality. The complex has been designed for comfort as well as for complete utilization of space. The exterior is also designed to look like a resort and offer complete access to it so that you can relax and have fun in complete luxury. Plus, you don't have to worry about the completion timeline since it is scheduled for Dec 2023. And here's the best part — you can buy this condo for a base price of ฿10,223,275 (฿217,516/SqM)! That's a fabulous investment opportunity, not to be missed. So enquire now to find out more and make this stunning condominium your own.
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 £2,320 1st Installment Upon contract signing 25% 2nd Installment Completion of foundation 25% 3rd Installment Completion of rooftop 25% 4th Installment On handover 20% 5th Installment On Registration 5%
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.