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Are you looking for a modern and spacious abode to call your own? Well then this apartment is an absolute must-see! Tucked away in the Emerald Terrace project in Patong, Phuket and completed in 2015, this 47 SqM flat is a real gem. While it may be on the petite side, it's full of charm with one bedroom and one bathroom. PThis property is perfect for anyone who loves the city life and wants to get away from it all too. Delight in being at the heart of bustling Patong, close to shops, restaurants, and nightlife venues, while being just a short stroll away from the beach. You can also thespian your own indoor sanctuary and whip up delicious meals in the modern kitchen. Let's not forget to mention the stunning mountain and sea views, perfect for a spot of sightseeing after a long hard day. So, why not check out this magnificent apartment today?
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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.