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Luxury Foreign Freehold Apartment at Wyndham La Vita Phuket
Discover an exceptional opportunity to own a Foreign Freehold apartment in the prestigious Wyndham La Vita Phuket, a 5-star resort offering world-class amenities and an outstanding lifestyle in one of Phuket's most desirable locations.
This brand-new 30 sq.m. apartment is situated on the 2nd floor and enjoys a beautiful pool view, creating a relaxing tropical atmosphere right from your private balcony. Thoughtfully designed with a modern layout and premium finishes, it is ideal as a holiday home, permanent residence, or high-yield investment property.
Residents benefit from luxury resort facilities, including multiple swimming pools, fitness center, spa, restaurants, children's play areas, landscaped gardens, 24-hour security, and professional hotel-style management.
Whether you're looking for a stylish home in Phuket or a property with excellent rental potential, this apartment is an outstanding choice.
Property Highlights:
Foreign Freehold ownership
Brand-new apartment
30 sq.m.
2nd floor
Beautiful pool view
Located in the renowned 5-star Wyndham La Vita Phuket
Luxury resort facilities
Excellent investment and rental potential
Prime Phuket location close to beaches, restaurants, cafés, and entertainment
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.