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The property is a stylish, brand-new 1-bedroom unit.
Located in the heart of Phuket. One of the worlds most vibrant tourist destinations, with a proven resilient real estate market.
The City Phuket is in the heart of it all. A few minutes walk to the largest shopping mall in the province. a short drive to the enchanting Phuket Old Town with easy access to some of the worlds most celebrated beaches.
Surrounded by all the necessary amenities, whether for living, woring, studying retirement or simple peace of mind for safety for family living. Universities, International Schools, Hospitals and an ultra-modern waterpark. It's all on your doorstep.
The property itself has everything you could need. On-site private cinema, Karaoke room, Multifunction/games room, co-working space, and private office space. Modern gym with high-end equipment. Swimming pool, jacuzzi, sky garden with panoramic views and BBQ facilities. It really stands out from the crowd.
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 City Phuket you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.