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Welcome to the Viva Patong gem! With 26.68 SqM of living space and 1 bathroom, this cozy condo is the perfect place to call home. In this price range, this Patong wonder is not to be missed! Recently completed in Mar 2018, this condo features an unbeatable location right in the middle of all the action. Enjoy the convenience of shopping malls, restaurants and more located close by. Don't miss this unique opportunity to capitalize on this incredible real estate market. Enquire now to make this modern studio condo yours!
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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