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1 BEDROOM CONDO FOR SALE IN QUIET BUILDING , 62 SQUARE METER FOR 6.5 MILLION BAHTClear City View, Fully Furnished with all Modern Appliances including 2 A/C units, Refrigerator, Stove, Washer / Dryer and 2 Smart TVsOwned and lived in by an Expat for the past 6 years, so safe and easy transfer of title directly at the government land title department Upscale Neighborhood in Prime Location, Walking Distance to Central Embassy and Ploenchit BTSCondo has its own Tuk Tuk with Shuttle Services every 15 minutesMany Fine Dining Restaurants, but also close-by to Street Food StallsQuiet Full-Service Building with 24 / 7 Security, Private ParkingPool, Sauna and and Fully-Fitted Gym Can be available for move-in within 30 days
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 Baan Ploenchit 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.