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City Garden Tower 30-story project in Pattaya, located near the crossroads of South Pattaya Road and 3rd Road. City Garden Tower is a condominium with a communal swimming pool, fitness room, spa, tennis court, kids playing zone, garden, bar and restaurant, parking, 24-hour security. Easy access to Beach Road.
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 City Garden Tower you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 20% 1st Installment 4 quarterly Payments 60% 2nd Installment On handover 20%
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.