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The Rich Condo is set in the Nong Hoi district of Chiang Mai, reaching its completion in September 2015. With 34.50 square meters of living space, this condo offers an ideal living solution. This property has one bedroom, along with one clean and modern bathroom, giving you comfortable and spacious accommodations.The Rich Condo project is well proportioned, with generous natural light and ventilation, not to mention a sophisticated design that combines beauty and function. Every aspect of the condo was built with modern standards in mind, creating an environment that is cozy and a pleasure to live in. In terms of value, this property is a great investment. A price of THB 1,676,650( THB 48,599/sqm) is more than reasonable for a residential condo in Chiang Mai. As a homeowner, you will enjoy the many amenities offered in the Rich Condo project. The complex includes a top-notch pool, a fitness center, and an array of retail stores and restaurants.Now is an excellent time to take advantage of this opportunity. If you're looking for a modern condo with a great value, then make sure to enquire about this property today. The Rich Condo awaits you.
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 The Rich Condo 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.