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This property is a 40 SQM condo with 1 bedroom and 1 bathroom that is available for rent. It is part of the The Title V project in Rawai, Phuket and was completed in May 2021.
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 Title V you have to follow these steps:
Installment Milestone Payment Deposit Booking Deposit ₿0.030 2nd Installment 1 months after contract signing 25% 3rd Installment Down Payment part1 25% 4th Installment Down Payment part2 25% 5th Installment On handover 25%
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.