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Are you ready to invest in a condo right by the crystal blue waters of Kamala, Phuket? Then this 54 SqM studio condo with 1 bathroom is the perfect property choice for you! Located in the luxurious MGallery Residences, MontAzure Lakeside project and completion scheduled for Dec 2023, this condo offers you an opportunity to be part of the cheery life, live in luxury and bask in the beauty of the mesmerizing surroundings of the stunning, serene Kamala beach.You can hardly find a better location for a perfect gem such as this! Right next to the beach, this location offers you the perfect blend of conveniences and leisure rolled into one. Come and have a taste of all the joys that Phuket has to offer, and bask in all the luxuries that come along with it.This studio condo makes for a great investment, and for a base price of ฿10,879,350 (฿201,469/SqM), it should be the top pick for any savvy homebuyer. It is a great alternative to expensive hotel rooms due to the serenity and security that it offers, and it will always remain as your choice vacation spot. So come and explore all the exciting opportunities that this condo brings with it, live the life you've always dreamed of, and be part of the million stories that make up Phuket. Don't let this chance get away, come and enquire today!
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 £2,260 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.