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Two stylish UTOPIA DREAM MINI – STUDIOS are for sale, located next to each other on the same floor. This is the perfect investment opportunity for rental: both studios can be rented out independently or together, accommodating up to 4 guests at the same time. The apartments can also be sold separately. Key features: - Location: Nai Harn, just 900 meters from Nai Harn Beach with a shuttle service provided every hour. - Area of each studio: 30 m². - Floor: 3rd, with a garden view - The price includes a complete furniture package. - Style: Modern urban design. - Property type: Leasehold. Complex advantages: - Developed infrastructure: swimming pool, Japanese-style restaurant, gym, spa area, sauna, cinema, karaoke bar, reception, security, and underground parking. - Excellent location: all necessary infrastructure within walking distance. An additional discount is offered when purchasing both apartments! This option is perfect for both rental purposes and comfortable personal living in one of the most picturesque areas of Phuket.
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 Utopia Dream U2 you have to follow these steps:
Installment Milestone Payment 1st Installment On handover 100%
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.