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Welcome to Citygate, a modern condominium development located in the heart of Kamala, Phuket. This is your opportunity to own a luxurious 2 bedroom and 2 bathroom condo, available for sale. This perfectly sized unit measures 69.80 SqM and was recently completed in December 2019, making it the ideal option for buyers looking for new construction in one of Phuket's most sought after areas.This condo would be an excellent holiday home, as it is located right next to shopping centers, restaurants and bars, making it an ideal launchpad for all your vacation activities. Not only that, but it is close to entertainment centers and other forms of recreation, so you will never be short of things to do here. The Citygate development comprises of several different types of units, ranging from 1 bedroom up to 4 bedrooms, with sizes from 26.30 SqM up to 175 SqM. It also offers a range of amenities to its residents, such as landscaped gardens, a swimming pool with sundeck, CCTV security, and a fitness center. What's more, this condo boasts a great price tag for its size and location - ฿8,627,280 (฿123,600/SqM). Combine that with the modern feel of this stylish unit, and you have an attractive opportunity to invest in the Phuket real estate market. This condo is a great base for a smart investment or a stress-free vacation home. With great amenities, stunning views, and a convenient location right in the heart of Kamala, Citygate could be the perfect place for you. To learn more about this incredible opportunity, enquire today.
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 CITYGATE you have to follow these steps:
CITYGATE Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment within 14 days from the date of reservation 50% 2nd Installment 1 months after contract signing 25% 3rd Installment within 15 days from inspection notice 25%
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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