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LUXURY PENTHOUSE WITH ROOFTOP, 2 BEDROOMS, BEACH CONDO WITH PANORAMIC VIEW IN NEW WORLD CONDO! NOW ONLY,12 km from the center of Rayong at Unit 1501, New World Condotel, Hat Mae Ramphueng, Rayong, I am selling a luxurious, viewable, fully furnished apartment of 176 sq. m. The penthouse is located on the 28th floor, with private access to the roof. Enjoy an amazing view of the ocean and a view of Koh Samet from the spacious balcony on the 28th floor in New World Condo this apartment. Area: Mae Ramphueng Beach, Rayong, Thailand Property type: Condo / Freehold for foreigners Rooms: 2 bedroom and 2 bathrooms. Living area: 176 m², including 3 balconies. Floor: 28 of 28
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 New World Condotel 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.