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The perfect property for the eternal optimist, this cozy Aristo 1 condominium in Choeng Thale, Phuket is just waiting to be the answer to your real estate prayers.Spanning 36.80 SqM of luxurious real estate, this one-bedroom, one-bathroom condominium has all the modern amenities that you could wish for. Finished to an exemplary standard in a stylish contemporary design, the living space is bright and spacious, a blank canvas ready to be decorated to your heart's delight.When it comes to location, it doesn't get much better. This property is conveniently situated within the established Aristo 1 development, offering everything you need for comfortable island living. Here you can make the most of leisure facilities such as a relaxing swimming pool - perfect for those hot summer days! - and athletic courts for a friendly game of tennis.For you financially aware shoppers, this condo is available for an unbeatable price at ฿4,877,072 (฿132,529/SqM), completed in November of 2016, this property really ticks all the boxes.If all this sounds like your kind of property, look no further and make an enquiry now - you won't be disappointed.
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 Aristo 1 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment 15 days after contract signing 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.
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