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Condo for sale Plus condo2 Kathu cozy room studio room type 36 Sqm / 1 bedroom, 1 bathrooms, 1 balcony, separated kitchen corner / 5th floor ready to move in with fully furniture + electric appliances (air-conditioner, washer, refrigerator, water heater) Facilities: swimming pool, restaurant, laundry shop, elevators in a common area, parking area, CCTV and 24-hour security guard Good location, Plus Condominium Project 2 is located on Vichitsongkram Road, Kathu District, Phuket nearby the main road, 10 mins to Central, 10 mins to Patong beach, 15 mins to Phuket old town Suitable for both living or rent out
Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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 Plus Condo 2 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.
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