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The VIP Kata Condominium 2 project provides a desirable living option for those seeking a modern residence to settle into. This 30.48 SqM studio condo has been completed with sophistication and style, and offers an escape to a peaceful island lifestyle. This serene oasis is located in the Karon area of Phuket and provides a tranquil retreat. It is the perfect place for anyone looking for a unique sanctuary by the sea to call home.The condominium itself is cast in the warm sunlight of the island and provides a breath-taking view from the balcony area. With meticulous attention to detail, the condo offers a cosy and inviting atmosphere.Having been completed in May 2020, the amenities available are of the highest order. The interior has been well constructed and fitted to provide the utmost in luxury, with a spacious bathroom and comfortable kitchen area. This unique condo is available for sale at a base price of ฿4,620,000 (฿151,575/SqM). Offering a rare opportunity to purchase in this setting, enquiry is recommended to those looking to acquire a piece of paradise.Be surrounded by the exquisite tranquility of the blue ocean and dazzling white sand beaches, while still having access to the modern amenities available in the Karon area. This condo allows you to experience life in the natural beauty of one of the most desirable locations in Phuket.Do not miss this opportunity to call this studio condo by the sea your own. An enquiry into this magnificent property is highly recommended.
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 VIP Kata Condominium 2 you have to follow these steps:
Installment Milestone Payment Reservation Deposit £2,260 1st Installment Upon contract signing 20% 2nd Installment Foundation works done 20% 3rd Installment Building structure completed 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior and ownership 20%
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.