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Positioned in the tropical paradise of Phuket, here is a thoroughly captivating condo offering a once-in-a-lifetime lifestyle opportunity. As part of the Icon Park project, this 113 SqM accommodation flaunts not just two well-spaced bedrooms and bathrooms, but a wealth of modern conveniences. Finished in 2013 and offering a host of picturesque views, this is one of the finest developments in Kamala that money can buy.Buyers can snap up this condo for an affordable base price of ฿8,450,000 (฿74,779/SqM), or alternatively, enjoy long-term rentals starting from just ฿60,000 per month. Designed to meet individual needs and preferences, living at Icon Park offers a level of comfort, exclusivity and lifestyle few can match. From its spacious layout to its close proximity to local amenities, this is the ideal property for a wide range of needs.Enjoying the perfect blend of luxury, sophistication and tranquillity, this is the ideal potential home in the sun. As it stands, this is the ideal opportunity to experience living in Phuket without breaking the bank. Enquire today and take the first step towards securing a new life in paradise."
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 Icon Park 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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