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Whoa! Stop right there and check out this 1 br, 1 bth condo for sale! If you're looking for the perfect pad, you're in luck. This 34.40 SqM apartment is spacious and ready for you to make it your own. Ready to get the details? Here's the deal: it's part of the Aristo 1 project in Choeng Thale, Phuket and was completed in Nov 2016. You can pick it up for a base price of ฿5,106,000 (฿148,430/SqM). That's right, you can call this condo your own and make it your own lil' paradise in the heart of Phuket. With great amenities, a pool and security, this spot is the perfect destination to relax and be away from the hustle and bustle of this insane (yet amazing) city. What's the catch? None! What are you waiting for? Get in touch and make it yours! :)
Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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 Aristo 1 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment 15 days after contract signing 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.
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