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For Sale: Condo Delmare, Bang Saray Beach
Size: 55 sq.m.
Floor: 4th
View: Sea view facing Pattaya
Unit: Corner unit (no adjoining neighbors)
Features:
1 bedroom
1 living room
Windows with views on three sides:Front: Direct sea view
Right Side: Sea view and hills
Back: Beautiful hills
This unit is a showcase model with special decorations that set it apart from others.
Price: 5.9 million THB
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 Del Mare you have to follow these steps:
Term of Payment (TQ) Installment Milestone Payment Reservation Deposit Immediately ฿30,000 Deposit Upon contract signing 15% 2nd Installment On handover 85% Term of Payment (FQ) Installment Milestone Payment Reservation Deposit Immediately ฿50,000 Deposit Upon contract signing 30% 2nd 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.