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This spectacular one-bedroom condo is the perfect opportunity for those wishing to make their dream move to the beautiful region of Wichit, Phuket. The property was completed to the highest of standards in December 2013, making it an ultra-modern home that is truly second to none.The condo itself has the following features: 55 SqM, one bedroom, one bathroom, a ban of exceptional features and incomparable views of the surrounding landscape.The Living Residence Phuket project provides the perfect blend of stylish and sophisticated living, while also offering exclusive amenities such as 24-hour security, swimming pool, sauna, fitness center, restaurants and shops.Here is the perfect opportunity to make a sound investment in a prime piece of real estate, with a market base rate of ฿60,000/SqM, this condo is offered to you at a welcoming ฿3,300,000.If you'd like to live an inspiring life in beautiful Phuket, this is most certainly the opportunity to take. It's time to take the plunge and make a lifestyle change you will never forget.enquire today and you could be living the dream in no time.
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 Living Residence Phuket 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.