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Welcome, friends, to an opportunity you simply must explore! The Del Mare project in Bang Sare, Chon Buri is now offering the sale of a 41.60 SqM condo with 1 bedroom and 1 bathroom, finished in June of 2017. The ultimate convenience of modern living at an amazing ฿110,577/SqM and a base price of ฿4,600,000. The intelligent investor can make a great investment with the offer of long term rentals also available, starting at ฿10,000 per month. You can scarcely find value such as this! Act quickly, lest you miss out on the exceptional possibilities this property affords.
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.