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Looking for a property that's priced to sell? This 1-bedroom apartment at Wyndham La Vita offers outstanding value and is one of the most attractive opportunities currently on the market.
Property Features:
Whether you're buying as an investment or for your own use, this apartment combines a desirable location within the project, a pleasant pool view, and a highly competitive asking price that makes it stand out from the competition.
Excellent value, Foreign Freehold ownership, and strong investment potential — don't miss this chance before it's gone. Contact us today for more details or to schedule a viewing.
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 VIP Mercury - Wyndham La Vita Phuket you have to follow these steps:
Installment Milestone Payment Deposit Immediately ฿200,000 1st Installment Within 30 days after paid deposit 50% 2nd Installment Within next 2 months after 1st payment 25% 3rd Installment Within next 2 months after 2nd payment 25%
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.