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Welcome to the Viva Patong project, a stunning condo complex located in the heart of Patong, Phuket. This exemplary property is now available for sale, boasting 38.83 SqM of living space, one bedroom and one bathroom.The property was completed as recently as March 2018, ensuring all interior fixtures and fittings are modern, sophisticated and of the highest quality. Step through the front door, and into a luxurious, amply-sized living area with floor-to-ceiling sliding glass doors leading onto an expansive balcony.The furnished bedroom has been designed for maximum comfort and features unobstructed direct views of Patong. The silver-lined marble bathroom comes fully equipped with a contemporary shower, perfect for winding down after a long day at the beach. The new owners of this beautiful condo will benefit from a variety of amenities available through the Viva Patong project. Unwind from the hustle and bustle of city life by taking a dip in the project's unique infinity edge pool. After a short walk, you will arrive at one of the many stunning, seemingly endless beaches that Patong has to offer.The property is available for purchase at an extremely competitive base price of ฿4,271,300 (฿110,000/SqM).This opportunity should not be missed – enquire now and become the proud owner of this exceptional piece of real estate!
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 Viva Patong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,320 1st Installment Upon contract signing 40% 2nd Installment Within 60 days after the 1st payment 40% 3rd Installment On handover 20%
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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