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Gaze upon this gem and behold the wonders of modern Thai architecture! Behold the CENTRIO project - an abode of wonderment and splendor, located in the highly coveted Wichit area of Phuket. This property, standing proudly amongst its peers, provides contemporary luxury living at an agreeable price. For sale at the paltry sum of ฿1,900,000 (a mere ฿63,333 per square meter!), this 30 square meter property boasts a solitary bedroom and bath. Built in 2015, the condo is slightly used, yet still retains a high level of construction and finesse. Many modern amenities and a chic environment await, affording its future occupant a lifestyle of contentment. Enquire today, for this condo won't stay on the market long!
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 Centrio 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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