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Are you looking for a magnificent place to call home? Then look no further because your search is over! This luxurious property for sale is located in a prime area at The Residence Kalim Bay in Patong, Phuket. With a whopping 107 SqM, this commodious condo comes with 2 indulgent bedrooms, and 2 sophisticated bathrooms, allowing you to bask in the utmost opulence and convenience. This high-tech home is the perfect blend of comfort and luxury. Completed in May 1995 and hailing from a remarkable illustrious development project, you can be sure that the superior quality of this estate is truly second to none. Additionally, with a base price of only ฿8,000,000 (฿74,766/SqM), this enticing property is the perfect investment for any prestige-minded individual or family. Not only that, but this awe-inspiring property is also available for long term rentals starting from an economical ฿45,000 per month. Imagine waking up in the morning with the picturesque view of Patong stretching out before you, before taking a casual stroll down to the waterfront restaurants on the beach. This amazing 107 SqM condo with 2 bedrooms and 2 bathrooms is the perfect dwelling for anyone who is looking to make their dreams come true. Do not miss out— enquire now because this is an opportunity too good to pass up!
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 The Residence Kalim Bay you have to follow these steps:
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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