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Sale Price: 7,900,000 THB (Below Market Value – Smaller 46 sq.m. Units Currently Listed at 8.9M THB)
Location: Boat Avenue / Cherngtalay, Phuket (Directly Behind Villa Market & Opposite Little Paris)
Ownership: Foreign Freehold Quota
Property Specs:
Built-up Area: 56.38 sq.m. (Generous Corner Layout)
Floor: 4th Floor (Building A)
Layout: 1 Bedroom | 1 Bathroom
View: Panoramic Lake & Lagoon View
Status: Brand New / Never Occupied / Fully Furnished (Completed December 2025)
Building & Facilities: Large Communal Pool, Hot Pool, Fitness & Yoga Center, Clubhouse, Home Theater, Executive Lounge & 24/7 Security
Location Highlights:
~1 min walk to Villa Market, Boat Avenue & Little Paris (Right Outside Your Door)
~3 mins walk to Porto de Phuket Lifestyle Mall
~5 mins to Bang Tao Beach & Catch Beach Club
~7 mins to Laguna Golf Phuket & HeadStart International School (Cherngtalay)
~25 mins to Phuket International Airport
Investment Potential: High-demand prime location with long-term rentals in the complex fetching 80,000 THB/month.
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 The Aqua you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿300,000 1st Installment Contract Signing date within 45 days from booking date 20% 2nd Installment EIA Approved 10% 3rd Installment Foundation Completed 15% 4th Installment Structure Completed 20% 5th Installment Bricking Completed 20% 6th Installment On handover 15% Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Contract Signing date within 45 days from booking date 20% 2nd Installment EIA Approved 10% 3rd Installment Foundation Completed 15% 4th Installment Structure Completed 20% 5th Installment Bricking Completed 20% 6th Installment On handover 15%
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.