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Introducing a stunning one-bedroom condo that is ripe for some lucky buyer to snatch up! Located in Radisson Phuket Mai Khao Beach, this abode is as cool as the waves crashing down on Mai Khao Beach. You know what they say, it's all about the location! The complex is set to be completed come Sep 2023, so you'll be one of the first to experience living in Phuket luxury.This condo has plenty of charm at a size of 47 SqM, making it ideal for when you require your own slice of paradise away from the busy city streets. Stretch out in the comfort of your own boudoir, and then relish the freedom of the open plan living space that is primed for ambitious decor plans. You can't buy happiness, but you can bag yourself an amazing condo for a fantastic price. You don't need us to tell you that this is an outstanding deal, but at ฿8,702,728 (฿185,164/SqM), you can rest easy in the knowledge that you're securing true value for your baht.If you're looking for a way to flex your property portfolio, then don't let this golden opportunity pass you by. Act fast and you could soon be moving into this petite piece of perfection. Reach out to our team today and we'll be delighted to assist you further!
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 Radisson Phuket Mai Khao Beach you have to follow these steps:
FQ Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 40% 2nd Installment Walls & Floors Completed (Around July 2023) 40% 3rd Installment On handover 20% TQ Installment Milestone Payment Reservation Deposit Immediately ฿20,000 1st Installment Upon contract signing 20% 2nd Installment Walls & Floors Completed (Around July 2023) 10% 3rd Installment On handover 70%
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.