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Bayshore is a condo development located in Patong, Phuket, Thailand. It is 2km from the beach with 138 condo units across 8 floors completed in April of 2015. Features an on-site restaurant, a swimming pool, a fitness center, a bar, 24-hour security, CCTV, a reception/lobby area, a shuttle to the beach. Completed in 2014, this stunning development is situated in the hills overlooking Patong Beach and the Andaman Sea. Very nice Mountain / Poolviews sea view. The building has a total of 77 condominiums. 200 M walk to the main rd to 7/11, restaurants, dry cleaning. Bangla - 22 min walk - Freehold available for + 1,000,000THB
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 Bayshore Ocean View 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.