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YEEHAW! Take a gander at this killer Karon condo - it's gonna be somebody's dream diggings! This fine abode is part of the Wyndham Aroma project and it's available for sale for the bargain price of ฿3,870,579 (that's ฿119,684/SqM). This swell setup has a whopping 32.34 square metres of space plus one bedroom and one bathroom, so you'll have plenty of room to spread out. You ain't gonna find a better deal no matter how hard you look - this beauty was even completed in June 2022! Talk about bang for your buck! Whaddya waiting for? Get a wriggle on and enquire about this rad property right away, before someone else grabs this sweet deal out from under yer nose!
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 Wyndham Aroma you have to follow these steps:
Installment Milestone Payment 1st Installment 15 days after contract signing 30% 2nd Installment Within 15 days after 30 January 2020 and the project obtains the EIA 30% 3rd Installment Within 15 days after the construction of sealing of roof structure is completed 30% 4th Installment 30 days before the Unit’s handling over 10%
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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