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Be prepared to be absolutely 'wowed', because this spectacular studio condo for sale is absolutely VIP-class in every way! Located in the equally fabulous VIP Kata Condominium 2 project in Karon, Phuket, this 30.48 SqM condo with 1 bathroom is ready to make your dreams come true – and it won't even break the bank. Completed in May 2020 and up for grabs at a base price of only ฿4,510,000 (which translates to a very convenient ฿147,966/SqM!), this condo is the perfect way to indulge your VIP dreams. Boasting modern and contemporary styling, this condo has everything you need – even in its compact size! From state-of-the-art appliances and a luxurious bathroom, to a convenient outdoor seating spot for all your relaxation needs, this lovely condo has it all. And take it from us: the pictures don't do it justice! Whether you're looking to start a family or just want a little holiday getaway, this condo is the perfect solution for your needs. So what are you waiting for? Take the plunge and come check out this totally VIP abode today – you won't believe it until you see it! We promise you'll fall instantly in love!
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 VIP Kata Condominium 2 you have to follow these steps:
Installment Milestone Payment Reservation Deposit ₿0.043 1st Installment Upon contract signing 20% 2nd Installment Foundation works done 20% 3rd Installment Building structure completed 20% 4th Installment Completion of the walls 20% 5th Installment Completion of interior and ownership 20%
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.