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This one-bedroom condo is your ticket to the luxurious world of Mai Khao Beach Condotel. With a comfortable 36 SQ.M. of space, it offers modern living and a pristine bathroom. It's an opportunity you shouldn't miss! Being part of the Mai Khao Beach Condotel project brings a host of benefits. You'll have access to exceptional facilities, including a swimming pool, gym, parking, and reception. What's more, you can immediately rent out this condo, earning some extra income while enjoying the surroundings. Phuket, a popular tourist destination, ensures a steady stream of visitors. This complete condo in the Mai Khao project is a rare find, offering a lucrative investment opportunity in both the short and long term. The property was completed in May 2019, so you won't have to worry about ongoing construction. This is an outstanding investment opportunity. Seize this chance of a lifetime and make the Mai Khao Beach Condotel your own. Inquire today!"
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 Mai Khao Beach 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.