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Are you looking for the biggest bang (literally) for your buck? Look no further than this exquisite 1 bedroom, 1 bathroom condominium, measuring in at a whopping 33.30 square meters, at the Cloud Residences SKV23 project in Khlong Toei Nuea, Bangkok! Scheduled for completion in June 2024, this condo is an absolute steal at a base price of only ฿8,505,477 (or ฿255,420/square meter). Whether you're looking to invest in the ever-growing Bangkok real estate market, or just looking for a modern city apartment to call home, this lavish condo is the ideal answer. Located in the looming high-rise of the Cloud Residences, this well-equipped unit sports the latest lock-and-key security system, along with access to the remarkable communal facilities such as the open-air swimming pool, jogging trail, fully-equipped gymnasium, and 24-hour concierge – to make sure that not just your unit, but the entire building, is kept safe and sound. The sky's the limit when it comes to potential of this condo, both socially and financially – perfect for a wide variety of uses! Get in contact today and make this incredible deal yours to own. Trust us – you won't regret it!
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, you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 30% Transfer Jan 2024 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.