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Studio apartment, 700 m from Nai Harn beach Utopia Mini is a project planned to be built in the heart of the southern island of Phuket. Real estate here has high rental potential regardless of the season. Apartment for living and investment in the most sought-after area of the island Apartment 30 sq. m fully furnished :) 700 m to the sea Hotel infrastructure Yield from 8% per annum (guaranteed return of 8% per year) The deadline for the object is 3/4 of 2024 Excellent infrastructure on Phuket: shopping centers, cafes, grocery stores, school, kindergarten, amusement park and much more A great place to relax plus high rental income! On the territory of the complex, you will find: ▪️ Gym ▪️ SPA ▪️ Kids club ▪️ Cafe ▪️ Restaurant ▪️ Bar ▪️ Cinema ▪️ Parking And many more interesting things...
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, you have to follow these steps:
Installment Milestone Payment 1st Installment On handover 100%
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.