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This enchanting studio condo beckons from Patong, Phuket – an area renowned for its vibrant nightlife and inviting beaches. Part of the esteemed Viva Patong project, this residence offers an amazing opportunity for life on the beautiful Thai islands.In this finely appointed residence – measuring a generous 26.68 SqM, complete with one luxurious bathroom – you can revel in the serene island outdoors without compromising on modern day comforts and technological adornments. Expansive windows let in a glorious flood of natural light, highlighting the subtle but stylish décor. Sit out on the balcony and enjoy the sun-kissed views, whilst soaking in the subtle warmth of a Thai getaway. The most discerning tenants will be able to experience a haven of unrivalled luxury, provided at an affable price of ฿3,201,600 (฿120,000/SqM). They will relish in the assurance that the completion of this residence – which has already been carried out in Mar 2018 – means it is ready for move-in at once. Providing luxurious seclusion from the hustle and bustle of Patong just below, you will be safe and sound in this haven of tropical living. The plush furnishings ensure that you can enjoy the comforts of home wherever you go, including the perfect respite from the tropical sun. Take the opportunity to create your own story in the heart of Thai paradise, and enquire on this property today. This charming little retreat is designed to meet and exceed all your dreams.
Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.
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 Viva Patong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 40% 2nd Installment Within 60 days after the 1st payment 40% 3rd Installment On handover 20%
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.
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