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This fully furnished one-bedroom condo is up for sale at Hillside Payap Condominium 8, situated in the Chiang Mai Business Park near Payap University. It's ready for immediate occupancy. The property details: 50.77 sq.m of livable space on the 5th floor. There are one bedroom, one bathroom, open-plan living, dining, and kitchen area with ample storage Kitchen is equipped with a fridge, hob, extractor, and microwave Air-conditioning installed in the living area and bedroom. Hillside Payap Condominium 8 is an older condominium development located in the well-planned and modern Chiang Mai Business Park at Nong Pa Khrang. It's conveniently located near Payap University and just a short drive away from Chiang Mai city center. The development offers easy access to all the amenities and conveniences of the city.
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 Hillside Payap Condominium 8 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.