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Luxurious living awaits you with this one-of-a-kind 34 SqM condo in the heart of The Teak Sathorn-Lumpini project in Chong Nonsi of Bangkok. The lavish, fully-furnished condo comprises of one bedroom and one bathroom and was brought to life in November 2019 - a mere twelve months ago! What more could you ask for? The condo exudes modern elegance, offering a life of luxury and convenience at your fingertips. Enjoy effortlessly strolling around town and dip into the numerous plush restaurants, boutiques, and entertainment encompassing the vicinity of the residence. The interior of the condo is tastefully decorated, incorporating floral furnishings that are contrasted by the fresh lick of white paint on the walls, creating an alluring ambiance for its occupants. But it does not end there; the price? A remarkable ฿5,720,000 (฿168,235/SqM) - quite a generous offer. Invest in something truly special and enquire on this property today! Do not miss out on this spectacular opportunity - the future of premium-living lies in your hands.
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 Teak Sathorn-Lumpini 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.