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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 Patong Bay Ocean View Cottages you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,460 1st Installment Upon contract signing 40% 2nd Installment Upon completion of infrastructure 20% 3rd Installment Upon building foundation completion 20% 4th Installment On completion 10% 5th Installment On handover 10%
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.
Patong Bay Ocean View Cottages is located 1510 from 7-Eleven and it can be reached within 4 mins by car.
There are many other shops situated in the area of Patong Bay Ocean View Cottages, the 3 closest being:
- Family Mart Nanai Road is 2.3 km away (an approx. drive of 4 mins.)
- 7 Eleven is 1.7 km away (an approx. drive of 8 mins.)
- 7-Eleven is 1.4 km away (an approx. drive of 4 mins.)
The surrounding area, where Patong Bay Ocean View Cottages is situated, offers a wide variety of restaurants. See the closest of them below:
- Thai Food Restaurant is 740 m away (a walk of about 9 mins.)
- Paklak BBQ buffet is 750 m away (a walk of about 14 mins.)
- Thai Cafe 259 baht is 760 m away (a walk of about 14 mins.)
Phamacy is the nearest health facility, which is 2.9 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Patong Bay Ocean View Cottages are:
- FaFa Dive | PADI Center Diving Phuket Thailand is 510 m away (about 10 mins. by foot)
- Phutthamonthon Niwet Foster Park (Jimmik) is 1.1 km away (an approx. drive of 4 mins.)
- I Teach TEFL Co., Ltd. is 1.3 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 41.0 km from Patong Bay Ocean View Cottages and it takes about 58 mins. by car or taxi (depending on the traffic) to get there.