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Stunning views of the golf course 3 minutes from the sea The apartments are fully furnished The complex has 3 swimming pools, a jacuzzi, a park, a children's playground The best infrastructure on Phuket: shopping centers, cafes, grocery stores, the most prestigious school A great place to relax plus high rental income!
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 Sky Park you have to follow these steps:
Construction Payment TermInstallmentMilestonePaymentReservation DepositImmediately£2,3602nd InstallmentUpon contract signing20%3rd Installmentwhen construction is 25% complete20%4th Installmentwhen construction is 50% complete20%5th Installmentwhen construction is 75% complete20%6th Installmentupon complete of construction20%Deferred Payment PlanInstallmentMilestonePaymentReservation DepositImmediately£2,3602nd InstallmentUpon contract signing10%3rd Installmentwhen construction is 25% complete10%4th Installmentwhen construction is 50% complete10%5th Installmentwhen construction is 75% complete10%6th InstallmentPost construction payments50%
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.