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High rental demand area - perfect for investment or vacation rentals!
Prime Location | 2 Bedrooms | 76 sqm | Freehold - Foreign Quota
PRICE: 7 800 000 THB (negotiable)
Discover this bright and spacious 2-bedroom, 2-bathroom residence on the 7th floor of the prestigious Calypso Condominium in one of Phuket's most desirable neighborhoods -Rawai/Nai Harn area. This fully furnished, move-in-ready apartment features views facing south and east, flooding the space with natural light throughout the day.
Location & Features
10-minute walk to the stunning Nai Harn Beach - known for its crystal-clear waters and breathtaking sunsets!
2-minute walk to 7-Eleven and all diverse restaurants and local amenities
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.
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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 Calypso Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 100% Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 50% 2nd Installment within 12 months 50%
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.