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This unique opportunity is the perfect blend of luxurious comfort and modern sophistication. Set within the exclusive Splendid Condominium project, this 25.90 SqM studio condo is the ideal property for investors and those seeking to make an unforgettable move. Boasting an elegant 1 bathroom, the thoughtfully constructed condo offers a coveted Karon, Phuket address and was recently completed in Mar 2019.As an added bonus, this vibrant condo is available for both sale and long term rental – starting at just ฿30,000 per month. It is presented to the market with a base price of ฿3,885,000 (฿150,000/SqM); a price sure to be increasingly attractive to buyers looking to capitalise on this rare opportunity.Whether your looking to invest or make the ultimate move to the tropics, this 25.90 SqM studio condo is the perfect place to call home. For a chance to own your own piece of paradise, contact the listing agent today and make an enquiry!
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 Splendid Condominium you have to follow these steps:
Payment Terms Installment Milestone Payment Reservation Deposit Immediately £3,430 1st Installment Upon contract signing 95% 3rd Installment On handover 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.