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The perfect 2-bedrooms apartment is in a modern style with a complete panoramic view of the Andaman Sea and the green canopy of coconut trees and other plants to create a full recreation. Located in the tranquil and private location of Ao Por, the project is 5 minutes away from Ao Po Grand Marina, 12 minutes to Bang Pae waterfall for rich nature, and 20 minutes to Phuket International Airport. Moreover, the project also offers high-end services and a variety of facilities. This apartment is suitable for comfortable living and speculative investments.
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 East Coast Ocean Villas 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.