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Looking for a studio condo in Phuket? Craving a little island living? Well – if you have a budget of ฿4,242,336, then you'll love this 32 SqM gem in the ReLife The Windy project in Rawai!No need to wait – this condo has been completed sinceSeptember 2019 and is ready to open the doors of island life to you! This condo comes with one bath, so you'll have all the creature comforts necessary for your lifestyle and with a base price per SqMof ฿132,573, you get a lot of bang for your buck!Living in Phuket doesn't get much more affordable than this. So if you're ready to take a big step towards your island dreams, enquire about this property now! There's a fantastic lifestyle waiting for you and now's your chance grab it!
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 ReLife The Windy you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment 15 days after contract signing 50% 2nd Installment Interior Completion 25% 3rd Installment Construction Completion and transfer ownership 25%
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.