Bo Phut, Koh Samui,Surat Thani
Beach Access
Private Pool
Terrace
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, you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Reservation Secure your unit 10% 1st Installment Final Contract Within 30 days 20% 2nd Installment Structural Works Foundation & structure 30% 3rd Installment Enclosure 20% Final Contract Within 30 days 30% Structural Works Foundation & structure Weatherproofing complete 30% 4th Installment On handover 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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