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Are you looking for an ideal condo in Phuket for an amazing investment opportunity? Look no further! This pristine property is part of the CITYGATE project, recently completed in December 2019.Measuring 69.15 Square Meters of living space, the two-bedroom unit offers plenty of space. Both bedrooms are generously spacious and feature two bathrooms, ensuring an optimal level of comfort. With its ultra modern design, you'll find the condo is perfect for families, couples, and those in need of extra space.The location of the condo is nothing short of perfect. Kamala is a vibrant area with plenty of attractions and activities available. From the nightlife and entertainment to their amazing spas, you'll find yourself never running out of things to do. What's even more attractive is that the condo itself is just a few minutes' walk from the infamous Kamala Beach.At the remarkable base price of ฿8,546,940 (฿123,600/SqM), you won't find a better opportunity than this. If you're looking for an amazing opportunity to invest and enjoy the Phuket life, this could be your perfect fit. Don't miss out on this amazing option and enquire now!
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 CITYGATE you have to follow these steps:
CITYGATE Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment within 14 days from the date of reservation 50% 2nd Installment 1 months after contract signing 25% 3rd Installment within 15 days from inspection notice 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.
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