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This property is a 40 SqM condominium with 1 bathroom that is available for sale. It is part of the The Emerald Terrace project in Patong, Phuket and was completed in May 2015. Sea View, High Floor, Full Patong City View, This is a rare sea view studio unit located on the quiet hillside of Emerald Terrace. The unit is modern, with western kitchen and a large comfortable living and space to accommodate working from home. The unit has a King-sized bed. From the balcony, you get a panoramic view of Patong and its beautiful long beach. At this height, there will be unblocked views due to building height restrictions. The unit has a modern bathroom with shower and ample closet space. Perfect for chilling out on the balcony, and peacefull. The Emerald Terrace Project is extremely well-maintained, with a big gym and a 25m swimming pool. There is a coin-operated laundry room with generous seating available for residents who wish to work or relax. The project is a 5 min drive to Patong beach and 7min drive to shopping area of Patong and is 45min from the airport.The unit is priced to sell and has a foreign freehold title. also offering a Laundry room, Lobby & Shuttle to the center or the Beach. Look no further as this is an investment you will not regret.Ownership – Foreign Freehold Facilities and Property Features:
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 Emerald Terrace 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.