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This property is a 48 SQM studio apartment with 1 bathroom that is available for sale. It is part of the Absolute Twin Sands I project in Patong, Phuket and was completed in Dec 2012. Studio apartment with sea view in Absolute Twin Sands Resort&Spa for sale. 250 m. from Tri Trang Beach 300 m. from Merlin Beach 1.5 km from Patong Beach 51.3 SQM. Balcony with sea view Fully-equipped kitchen 3 communal infinity pools Spa, sauna Fitness center Bars, restaurants Spacious studio apartment on the 2nd floor with modern design, quality furniture and sea view from the private balcony.
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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 Absolute Twin Sands I you have to follow these steps:
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.