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The River by Raimond Land is a luxury condominium located along the Chao Phraya River that allows all residents to enjoy the most beautiful scenery. Outstanding architecture provides the ultimate lifestyle of luxury, convenience, and proximity to Krung Thonburi BTS station about 900 meters, and the Golden Line, Charoen Nakorn Station (Icon Siam) in the future. The project's highlight is that the area is adjacent to the Chao Phraya River up to 120 meters long. The project is also surrounded by numerous 5-star luxury hotels such as the Shangri-La Hotel, Sheraton Hotel, and Icon Siam Shopping Center. The River Project has been guaranteed quality from the awards "Best Condominium Project (Thailand)" at the Thailand Property.
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 River by Raimon Land you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ₿0.090 1st Installment Upon contract signing 15% 2nd Installment Selling price over 3months 15% 3rd Installment On handover 70%
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.