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Modern 1-bedroom apartment for sale in The City Phuket (2024), developed by World Corporation Company Limited. The unit offers 39 sqm of living space and is located on the 5 floor. Fully furnished and equipped with all necessary appliances, the apartment is ready for immediate move-in or rental.
Offered as leasehold, this property is an excellent investment opportunity with strong rental demand in Phuket. Suitable for both short-term and long-term rentals, with the option to use a management company.
The complex features a full range of amenities, including a swimming pool, fitness center, co-working space, cinema, shared kitchens, and relaxation areas.
Price: 3,800,000 THB (below developer price). Installment payment option available.
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 The City Phuket you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.