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Situated in one of the hottest holiday spots in Thailand, this 30 SqM studio condo with 1 bathroom is part of the luxurious Best Point project in Wichit, Phuket and is available for sale. This property was completed in November 2013 and offers a great opportunity to invest in a desirable location.The studio condo is situated on the serene Wichit coast and boasts captivating views of the Andaman Sea. Located just outside the vibrant city of Phuket, this condo provides a peaceful getaway from the hustle and bustle of city life.This studio condo is perfect for those seeking an affordable option whilst still enjoying the luxury of a designer project. The condo has a well-appointed interior, designed to perfect contemporary style and comfort. Featuring modern fixtures, appliances, lighting and air-conditioning, this studio condo is sure to please.This highly sought after condo is excellent value for money; you can buy it for a base price of ฿1,490,000, at just ฿49,667 per SqM. Whether for a personal holiday home, rental investment or both, this is the perfect opportunity for those looking for an affordable solution to an enjoyable lifestyle.Be sure to enquire about this great studio condo opportunity and make an offer before the chance is gone.
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 Best Point 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.