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This luminous, 65 SqM condo at The Baycliff Residence, located in the bustling beach town of Patong, Phuket, is now available for purchase. Completed in December 2009, the condo features one, brightly air-conditioned bedroom, one luxuriously appointed bathroom, and a sprightly kitchen fitted for all culinary pursuits.Investors, take note: The base price of this prime property is ฿4,800,000 (฿73,846/SqM). Not only that, but the condo is beautifully situated in the pastoral hills of Patong, perfectly combining natural tranquillity with plenty of opportunity for entertainment.All future tenants will reap the benefit of the building's excellent security and reliable maintenance service, as well as its many in-building amenities, including a tranquil swimming pool and sundeck, a fully-equipped gym, a large BBQ pavilion, and an expansive community garden.Take advantage of this opportunity today, and own a piece of stylish, modern Thai living for a fraction of its true value. For more information, enquire now and let the reliable staff of The Baycliff Residence help you secure a place of your own in the exotic beaches of Patong.
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 Baycliff Residence 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.