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his is a modern 2 bedroom 1 bathroom apartment of 105 Sqm within the Baan Puri development located only a 2 min walk away from the beautiful and popular Bangtao Beach. This spacious apartment has two large bedrooms, living and dining area. The unit is has been fully renovated including a new kitchen, floor tiles, bathroom and new air condition system installed. The apartment is located on the 3rd floor and has views over the swimming pool.
This ownership is secure leasehold. The development was completed in 2005 and a low density development with only 54 apartments.
The development has great facilities which includes a fully equipped fitness center, sauna, on site restaurant and a very large swimming pool and therefore excellent rental potential for the investor and rental management is available. A wide selection of restaurants, bars, mini-marts, massages and spas, and other shops are only a 5 min walk from your front door. The estate also provides secure surroundings, reception service and free car parking. This unit is priced for a quick sale. Please contact us for more information 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 Baan Puri 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.