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The Peak TowersLocation: Pratumank Soi 1, Pratumnak HillSituated in the peaceful, leafy environs of Soi 1, Pratumnak Hill, The Peak Towers are ideally placed just a few minutes’ drive from central Pattaya to the North and Jomtien Beach to the South. Serene ViewsWith exquisite panoramas in all directions, The Peak Towers offer you serene ocean and city views from the vast majority of apartments. Residents can enjoy the pristine settings of Cosy Beach or The Royal Varuna Yacht Club, just a short stroll away. Immerse yourself in the stunning Pratumnak parkland and the diverse selection of bars and restaurants nearby. High-Rise LuxuryThe Peak Towers offer a range of first-class facilities and amenities including two pool areas, a separate covered parking complex, Zen-relaxation zone with full fitness facilities with panoramic ocean views. With optimized interior layouts and first-class building materials, The Peak Towers ensure absolute luxury in your own home. Key Features: • Main swimming pool on 2nd floor (Tower A) Main communal area • Infinity edge swimming pool on the rooftop area (Tower A) • Landscaped gardens, water features and a strip of chill-out relaxation Salas • Equipped fitness and exercise room on the rooftop area • Sky lounge relaxation Salas on the rooftop area (Tower A) • Other services provided for hire: Laundry and housekeeping services • Multi-levels of Covered parking The Peak Towers is a condo project developed by Vistas Development Co., Ltd, The Peak Towers construction was completed in 2016. The Peak Towers has 30 floors and contains 203 total units, Units range from Studio to 2 bedroom. The Peak Towers at Pratumnak Hill, Pattaya have the following facilities: Swimming pool, Gym, Security, Car park, Garden, Sauna, Concierge, Grill, and Hot Tub.
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 Peak Towers you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment On contract with in 14 days 15% 2nd Installment After 1 montg 35% 3rd Installment On handover 50%
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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