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This studio condo at Azur offers a ready-to-move-in space, tastefully furnished and decorated, with spectacular views. Located in a mixed property development featuring both condos and villas, the property sits on a hillside, providing a wide and unobstructed view overlooking Maenam and Koh Phangan. The studio itself boasts an open-plan living area, a modern kitchen, and a spacious bathroom with a bathtub. A covered terrace with sliding doors allows residents to enjoy breathtaking views of coconut plantations, hills, and the sea. Owners also have access to the well-equipped fitness center, a sundeck, and a 26-meter infinity pool. Additionally, a professional property manager is onsite, and owners have a vote on significant operational matters. Azur Samui is a luxurious project that prioritizes privacy and offers stunning sea views. It is a modern mixed-use development designed for maximum comfort on Koh Samui, known as the paradise island for tourists. The project is conveniently located not far from Bo Phut Beach and Santiburi Samui Country Club. Residents can enjoy a range of facilities, including a Life Fitness gym, an infinity-edge 26m lap pool, a Thai herbal Steam Room, and more.
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 Azur Samui you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 10% 2nd Installment Breaking ground 20% 3rd Installment Concrete structure completed 15% 4th Installment Roof on 20% 5th Installment First fix electrical plumbing 25% 6th Installment On completion 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.
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