This property is a 53 SqM 1 Bedroom condo with 1 bathroom that is available for sale. It is part of the project in Kamala, Phuket and was completed in Dec 2021. You can buy this condo for a base price of ฿8,500,000
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We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.
You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.
Having chosen the best property, you will sign the sales or investment agreement (for development).
Thai banks do not provide mortgage loans to buy apartments in Thailand to non-residents. Moreover, foreign nationals can’t get a bank loan for any purpose.
The procedure of buying apartments in Thailand is as follows: after choosing a property, you need to conclude a preliminary agreement with the seller, make an advance payment, and then start checking the compliance of the property (relevant documents and technical condition). After that, all parties sign the contract of sale of apartments and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
Thailand does not issue residence permits as such, but different types of long-term visas do officially entitle to long-term stays in the country: such as investment, work and retirement visas. To get a long-term visa in Thailand with the possibility of extension when buying a apartments, you must spend at least 10 million baht (about $316,000).
Apartments in Thailand is in great demand among tourists and buyers. The season here lasts all year round, so you can earn money by renting out apartments.
There are many projects with guaranteed returns of 7–10%. Management companies provide full property maintenance service. You can also use your apartments as a holiday home for 2–4 weeks a year without losing income.
The security of the transaction is guaranteed by a notary who draws up the apartments sale and purchase agreement and verifies information about previous and current owners of real estate, any outstanding restrictions, mortgages and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.
