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Discover this beautiful 50 sqm fully renovated studio located on the 9th floor of the prestigious Jomtien Plaza Condotel. Boasting stunning seaviews and a large balcony, this property is the perfect blend of luxury and comfort. Priced it's an excellent opportunity for both living or investment. With its prime location in Jomtien, this condo offers not only serene beachfront living but also a great rental potential with a current market rental. Available under the foreigner quota, this unit is ready for its new owner. Key Features:
Experience beachfront living at its best, with all the conveniences of Jomtien just steps away!
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 Jomtien Plaza Condotel 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.