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1 bedroom 1 living room with closed kitchen 1 bathroom 1 balcony 1 parking slot Fully furnished with all appliances Samsung smart TV 50” Samsung bespoke 11.9Q Tablet smart home control panel Google home mini Mirror with built in bluetooth speaker Motorized blackout blinds with sheer Philip wiz smart lighting Dimmable downlight Pendant lamp Cotto fully automated toilet Wallpaper all area 3 seats couch 5’ bed with mattress Selling Price : 5,599,000 THB Guarantees 4% yield rate for 1 year Foreign freehold ownership quota still available Transfer fee 50/50 (negotiable) Owner occupied, never rented
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 Oka Haus you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70% Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70% Installment Milestone Payment Reservation Deposit Immediately ฿5,000 1st Installment Upon contract signing ฿10,000 2nd Installment On handover 100% Installment Milestone Payment Reservation Deposit Immediately ฿10,000 1st Installment Upon contract signing ฿20,000 2nd Installment On handover 100%
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.