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Are you ready to invest in your own Piece of Paradise? Introducing The Base Downtown project in Wichit, Phuket, where you can own this two- Bedroom, two- Bathroom condo for a base price of ฿5,900,000! This 58 SqM condo has been completed since March 2014, making it a relatively new property that offers high re-sale value, and unbeatable rental returns.Located in the picturesque Phuket province, this property enjoys a beautiful natural surroundings, and is conveniently located close to all the facilities you may ever need. You can reach the main attractions of the City in no time at all, with shopping, transport and entertainment just around the corner. This makes this property an excellent investment for any property enthusiast, as it is one of the industries most sought-after locations.This condo offers a great location and excellent aesthetic value, you'll never get bored looking at its spectacular views overlooking the crystal blue waters of the Andaman Sea and stunning hill vistas. Not to mention that with the latest stunning modern renovations, there no doubt that this is the kind of condo you'd be proud to call home.And that is not the end of it! The Base Downtown project owners will enjoy rental returns right away with rental prices starting at ฿25,000 per month, What more can you ask for?So don't think twice. Make your move today and enquire about purchasing this piece of paradise for yourself.
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 Base Downtown 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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