Q : Can a foreigner buy a unit in a condominium in Phuket Thailand?
A : Yes, the Condominium Act has recently been amended and it is now possible for foreigners to own up to 100% of the units in all condominiums.
Q : Why should you buy a condominium at Sunset Residence?
A : Sunset residence has a prime location at Kalim Beach within easy walking distance of Patong Beach a well-known international resort. It is a perfect blend of exquisite Thai and Western style architecture completed to our own high standards. Set in a quiet location surrounded by nature you can appreciate the magnificent views of the sunset and the enchanting sounds of the ocean.
Q : What kind of ownership rights do I have?
A : Sunset Residence offers you "freehold" title deeds. The freehold title is very much like buying the unit outright and having complete ownership.
Q : Who will pay the registration fee, stamp duties and income tax on land ownership?
A : The seller will be liable for all.
Q : What other expenses are there?
A : A monthly maintenance fee is payable one year in advance on the basis of 25 Baht per m2 of the total area of the unit. This fee is payable whether the unit is vacant or occupied. An annual club fee is payable of 24,000 Baht to use the Sunset club facilities for example swimming pool etc. This is optional.
Q : What are the benefits of buying a condominium?
A : Sunset Residence's prime location near Patong Beach makes it an ideal property to rent out either privately or through the "Lease out management" scheme of the Sunset Club. Owners as members of the Sunset Club have use of its facilities, which include swimming pool, children pool , jacuzzi , fitness room, sauna , games room and snooker room. An annual club fee is payable to use these facilities. Owners will receive a resident benefits card, which will entitle them to generous discounts at all food and beverage outlets within Sunset Residence.
Q : Has the project being completed and units ready for occupation?
A : Yes, This project constructed completely.
Payment terms can be adjusted.
Please contact us for further details.