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Discover the allure of this sea view apartment for sale at Emerald Terrace in the vibrant area of Patong, Phuket. This condominium is nestled against a lush green hill, offering a serene and scenic setting. Surrounded by a multitude of amenities and famous tourist attractions, such as Beach Front restaurants, shops, and the vibrant nightlife of Bangla Road, this location provides endless entertainment options. The Emerald Terrace project stands out with its outstanding design, combining architectural elements with metallic art on its facades, creating a sense of charm and uniqueness. The on-site facilities are thoughtfully decorated, while the reception hall exudes a sense of sobriety and elegance. Step inside this fully furnished 1-bedroom sea view apartment, featuring a quality modern kitchen and a comfortable living area. With a usable and airy living space of 52 sqm on the 4th floor, this apartment offers captivating views overlooking Patong Bay. The condominium complex boasts a wide swimming pool, a communal fitness area with a view of the pool, a clubhouse for relaxation, and 24-hour on-site security for peace of mind.
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.