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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 Whispering Palms Suite you have to follow these steps:
1 Bedroom Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing ฿300,000 2nd Installment On handover ฿100 2 Bedroom Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing ฿400,000 2nd 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.
Whispering Palms Suite is conveniently located just 260 m from 7-Eleven, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Whispering Palms Suite, the 3 closest being:
- 7-Eleven is 510 m away (about 7 mins. by foot)
- Mini Big C, Chaweng Yai Community is 690 m away (about 9 mins. by foot)
- 7-Eleven is 1.3 km away (an approx. drive of 2 mins.)
The surrounding area, where Whispering Palms Suite is situated, offers a wide variety of restaurants. See the closest of them below:
- Bangy Chicken Biryani is 280 m away (a walk of about 4 mins.)
- Betong Restaurant is 370 m away (a walk of about 5 mins.)
- Nong Doll is 370 m away (a walk of about 5 mins.)
Thai International Hospital is the nearest health facility, which is 860 m away (you can walk there in 11 mins.) from the project, while the closest schools in the proximity of Whispering Palms Suite are:
- Sermsook school is 320 m away (about 4 mins. by foot)
- What Sawang Arom School is 1.3 km away (an approx. drive of 5 mins.)
- Learning And Beyond Language School is 820 m away (about 10 mins. by foot)
Samui Airport is located 4.4 km from Whispering Palms Suite and it takes about 13 mins. by car or taxi (depending on the traffic) to get there.