Foreign Freehold Downtown Phuket Condominium For Sale
Downtown Phuket Condominium
FOREIGN FREEHOLD UNITS FOR SALE IN A CONDOMINIUM PROJECT LOCATED IN DOWNTOWN PHUKET, THAILAND.
This Downtown Phuket Condominium will delight in the much desired privacy and array of first-class facilities.
A positive character can go a long way to create a good impression, and that explains why choosing an address that is complementary to your character is so important.
The superb location right at the heart of Phuket City makes it so easy to commute to work, restaurants, shopping venues and all entertainment locations throughout the city and beyond.
These Condominiums are set on 3.3 Rai of land and comprise two 7-story buildings for a total of 311 suites. Two unit sizes are available, one bedroom condominiums from 33.5 – 34.5 sqm and two bedroom condominiums from 55.5 – 58.5 sqm.
Facilities include swimming pool and kids pool, exercise room, multi-purpose areas, garden and outdoor recreation areas, lobby, WiFi at the lobby and pool. In addition 24 hour security, CCTV and parking space.
For a limited time, free furniture package and free transfer fees on foreign freehold units.
Condominium Foreign Freehold
This property will be a registered condominium. This means that 49% of the units can be sold as “condominium freehold”. This is special legal type of freehold title that foreigners can directly and legally own in Thailand, just as they would own a freehold property in their own country. Due to the fact that condominiums are a special form of property that foreigners can own, many aspects of condominiums are governed by legislation contained in The Condominium Act. This clarifies the law for property developers and provides a degree of “consumer protection” for condominium buyers.
Important Tip: Prior to purchasing a condominium unit, it is important to check the ratio of foreign ownership. If there are remaining units within the 49% foreign ownership quota, these can be purchased freehold by foreigners. If no foreign quota remains, the remaining units can only be purchased leasehold. The difference in legal title and ownership rights are substantially different.
|Foreign Freehold Condominium for Sale||Priced From (THB)||Unit Size||View||Floor|
|One Bedroom||฿ 2,891,200||35.5 sqm||Cenral View||Fifth Floor|
|One Bedroom||฿ 3,266,300||35.6 sqm||Pool View||Fifth Floor|
Ownership: Foreign Freehold and Leasehold
Total Number of Units: 311
Price Per Square Metre: 81,365 THB
Monthly Maintainance (CAM) Fee: 1,740 THB
Sinking Fund: 17,400 THB
Rental Income (Yield): Managed By Owner
Project Completed: Q2 2015
Listing ID# (Foreign Freehold Property): 2497
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- Air Conditioning
- Built-In Furniture
- Cable/Satellite TV
- Close to Shops/Restaurants
- Gated Estate/Security
- Internet Access
- Ready to Move In
- Reception/Management Office
- Sharred Swimming Pool