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This stylish and spacious 1 bedroom, 1 bathroom condominium offers 91.54 SqM of living space at The Privilege project in Patong, Phuket. Completed in December 2014 and priced at ฿10,984,800, this property offers exceptional value at an affordable cost per square meter of ฿120,000. Aesthetically designed and perfectly placed at the heart of Patong, The Privilege project provides a range of facilities and amenities to those seeking a sophisticated yet comfortable lifestyle. The modern interior is equipped with cutting-edge technology and high-end appliances which allows for a comfortable living experience. An open-plan living and dining area leads on to a generously proportioned balcony, providing beautiful garden views that are only enhanced by the surrounding tropical landscape. A fully-equipped kitchen is complete with a wide range of modern appliances, including integrated cooktops, ovens, and built-in fridge filters. The bedroom benefits from an en-suite bathroom, fitted with a glass-enclosed bathtub and walk-in shower. The building provides access to a wide range of on-site facilities, such as a gym, a swimming pool, and a 24-hour reception service for added convenience and security. Residents enjoy easy access to the local transport links and Patong's world-famous nightlife and entertainment. This property offers an enviable lifestyle choice for those looking for a convenient and luxurious living experience in a beautiful and unique part of the world. To find out more, please contact us to arrange a viewing and to enquire on this exceptional 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 The Privilege you have to follow these steps:
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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