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Are you in the market for a beautiful and conveniently located studio condo in Phuket? If so, this 37.22 SqM studio condo with 1 bathroom in the Viva Patong Project may be perfect for you! The condo is just completed in March 2018, and can be yours today at a base price of ฿4,466,400 (฿120,000/SqM).This condo is made up of modern, high-quality materials that make it comfortable, durable, and aesthetically pleasing. It also provides a spacious interior, with an open floor plan that allows you to maximize every inch of space. The location of this condo could not be more ideal either, as it is conveniently situated in the heart of Patong, Phuket.At the Viva Patong project, you can enjoy a variety of amenities, including a fitness center, swimming pool, rooftop lounge, and recreational areas. You will also have access to a five-star hotel which will provide you with a wide range of luxury services and amenities.This condo is a great opportunity for you to invest in a sound and secure property located in one of the most popular and desirable areas in Phuket. This property enjoys comfortable living and excellent returns, as well as many advantages of being part of the Viva Patong project. Do not miss out on your chance to make this remarkable home your own! Contact us today to enquire further on this incredible property!
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 Viva Patong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $5,440 1st Installment Upon contract signing 40% 2nd Installment Within 60 days after the 1st payment 40% 3rd Installment On handover 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.
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