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Welcome to Bel Air Panwa! This apartment is the ideal family retreat at a spectacular tropical cliff side property featuring well appointed living on the quieter side of the renowned island of Phuket. It also gives you a nice, tropical and beach vibes. The open plan living area has a Western, U shaped kitchen with marble countertops with integrated dining table breakfast bar. The lounge opens onto a large terrace, where you can lay down and enjoy your favourite drink!The apartment is decorated in sophisticated earth tones, with natural tile floors in the common space. The bedrooms both feature built in wardrobes, and connects to a spacious bathroom.
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 Bel Air Panwa 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.