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For Sale foreign quota: 1-Bedroom 1 Bathroom Condo at Rawai Beach Condominium
Spacious 37 sqm 1-bedroom apartment 1 bathroom on the 2nd floor in a well-maintained Rawai Beach Condominium, just a 500 meters walk to Rawai Beach, Yanui Beach and the best Nai Harn Beach.
Just a minute away from Promthep Cape South View Point with wonderful sunsets!
The unit comes fully furnished and equipped, ready to move in or rent out immediately.
Property details:
1 Bedroom + Living Room+1 Bathroom, Kitchen two large private balconies
37 sqm 2nd Floor, very quiet location.
Fully furnished with appliances
Built 2022
Full Underground cars and bikes parking
Swimming pool in the complex
Perfect for investment or living, with great rental potential in one of Phuket’s most popular south areas.
"Rawai Beach Condominium is located in walking distance to the popular beaches: Rawai, Yanui, Naiharn, a fish market and restaurants. There are a swimming pool and relax zone, next to the complex a gym, a massage salon, Thai Boxing training Camp and Family Mart shop. Phuket International Airport is 45 km from the complex."
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 Rawai Beach Condominium 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.