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Take a look at this incredible opportunity to own a fully furnished studio condo with a comfortable living space of 38.45 square meters on the 9th floor of Nakorn Ping Condominium. Conveniently located along Huay Kaew Road, this project offers easy access to various amenities and is situated near the vibrant Nimman area and bustling city of Chiang Mai. The property boasts a balcony with stunning mountain views and comes with a fully equipped kitchen including a microwave, electric hob, and refrigerator. Other amenities of this property include air conditioning, a swimming pool, fitness center, WIFI internet signal, CCTV, and 24/7 security. The sofa has been recently updated with new sponges and covers for added comfort.
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 Nakornping Condominium 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.