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Great Investment Opportunity with excellent ROI This studio is located on the 7th of floor of a condo complex. The residence has 4 buildings, the apartment is located in the last one, so there is a small steep path and a few steps before reaching it. The residence is new and modern. The apartment also offers a beautiful view of the sea, is located 3 minutes’ walk from the fine sand of Kamala beach. Charming, modern and air-conditioned, this apartment has a bathroom, a large comfortable bed, plenty of storage space, an equipped kitchen, and a nice terrace with outdoor furniture. You will also have at your disposal a large quantity of household appliances: washing machine, refrigerator, vacuum cleaner, safe, microwave oven, coffee maker, kettle, toaster, blender, iron, stove, hair dryer, etc. The main room is equipped with a full HD television.
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 Oceana Kamala you have to follow these steps:
Payment Plans Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 50% 2nd Installment On handover 50%
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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