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If you are in the market for a value-for-money condo, look no further! Nestled in the blissful seaside town of Wichit, Phuket is a charming 30-square meter, one-bathroom studio condo. As a part of the highly sought-after Best Point project, this affordable offering from Nov 2013 represents the best of both worlds - a great base price of just ฿1,490,000 (฿49,667/SqM) for a place of this quality!The prime location of this modern property only stands to improve its value and it could easily become your perfect home away from home. Whether you're in the mood for a quick morning swim in the sparkling waters of the Andaman Sea or a relaxing stroll along the beach during the summer sunsets, you are mere minutes away from the perfect holiday feeling!You will also have all necessary and convenience amenities easily in reach should you choose to move into this unit. And of course, with world-renown tourism hotspots like Patong Beach, Karon Beach, and Nai Harn Beach, you will find an abundance of restaurants and shopping centers within close proximity.For both short-term stays and full-time residencies, this studio condo is a worthy investment in a superb location. With such competitive rates and its accessible location, don't miss this great opportunity to own a piece of the tropics. Contact us today to discover your ideal sanctuary in Wichit, Phuket!
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 Best Point 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.