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Modern Two-Bedroom Condo for Sale in Rawai, Phuket
Property Overview
A well-priced and spacious 70 SqM condominium located in the sought-after Saiyuan Buri Condominium project in Rawai, Phuket. Completed in June 2014, this modern two-bedroom, two-bathroom unit offers a perfect blend of comfort, convenience, and investment potential.
Key Features
Property Highlights
Location
Situated in the trending investment area of Rawai, this condo offers easy access to local amenities, restaurants, beaches, and shopping. The area continues to grow in popularity among both residents and investors, making it a prime opportunity for those seeking a modern home or a high-yield rental property.
Investment Opportunity
With its desirable location, modern design, and full-service amenities, this condo represents excellent value for money. Whether used as a permanent residence, holiday home, or rental investment, it provides flexibility and strong potential returns in one of Phuket’s most dynamic neighborhoods.
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 Saiyuan Buri Condominium 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.