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Luxury duplex penthouse for sale in Kamala, Phuket! Apartment with an area of 113.65 sq.m. overlooking the mountains, furnished with good furniture, appliances, and quality linens. The apartment has two bedrooms, two bathrooms, a spacious kitchen with all necessary utensils and electrical appliances, and a living and dining room with stylish furniture. On the balcony, there is furniture for relaxation. The residential complex in which the apartment is located is only 700 meters from Kamala Beach and a 5-10 minutes walk from the developed infrastructure of the beach. There is also a 24-hour mini market, a supermarket, local farmers' markets, and the world-famous Cafe Del Mar beach club. The complex has a swimming pool with a jacuzzi, a terrace with sun loungers, a fitness club, a sauna, parking, a garden, and a guarded area 24 hours / CCTV. The apartment brings $1.500 monthly income and is sold with the encumbrance, of a lease agreement for one year from 03/12/2023.
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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