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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:
Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being here.
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.
Palmetto Park Condominium is conveniently located just 330 m from Ice Family Tour, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Palmetto Park Condominium, the 3 closest being:
- Kata Shopping Center Phuket is 540 m away (about 7 mins. by foot)
- Survoo Coffee by Mrs. Kanya Mooksakul is 830 m away (about 10 mins. by foot)
- Lotus Karon is 820 m away (about 10 mins. by foot)
The surrounding area, where Palmetto Park Condominium is situated, offers a wide variety of restaurants. See the closest of them below:
- Bird mini mart is 880 m away (a walk of about 13 mins.)
- Mellow space boutique rooms & Restaurant is 410 m away (a walk of about 6 mins.)
- Mellow Rooms is 410 m away (a walk of about 6 mins.)
Clinic is the nearest health facility, which is 1.9 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Palmetto Park Condominium are:
- Sunrise Divers Phuket Thailand - SSI Scuba Diving Training Center is 460 m away (about 6 mins. by foot)
- Sharkey Scuba Dive Center Karon Phuket is 1.3 km away (an approx. drive of 3 mins.)
- PSSC Surf Phuket is 1.5 km away (an approx. drive of 3 mins.)
Phuket International Airport is located 47.5 km from Palmetto Park Condominium and it takes about 1 hour 0 mins. by car or taxi (depending on the traffic) to get there.