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This property presents a unique opportunity for those seeking a condo in the Wichit district of Phuket. The 34.55 SqM condo comprises 1 bedroom and 1 bathroom and was completed in Aug 2015, making it an ideal property for those seeking a contemporary living space. This condo is part of the Centrio project, a development with modern amenities and stylish design, promising an excellent quality of life. Furthermore, the condo is available for sale at a base price of ฿2,982,862, which is equivalent to ฿86,335/SqM. This condo is an ideal option for those looking for a city centre living space with an enviable location. With high-grade fixtures and fittings, together with the unbeatable price, it presents an incredibly attractive investment proposition. For those seeking an opportunity to purchase a contemporary condo in a prime location, this property offers a perfect investment opportunity that simply cannot be missed. Enquiries should be directed immediately so as to capitalize on this excellent opportunity.
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 Centrio 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.