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This 35 SqM property is now available for sale. It features 1 bedroom and 1 bathroom, nestled in the well-reputed Quinn Sukhumvit 101 project in the ever-popular Bang Chak area of Bangkok. Constructed in September 2020, you can now take ownership of this brand-new condo for as low as ฿7,298,000, equating to a rate of ฿208,514 per SqM. Don't miss out on a fantastic opportunity to secure a new residence in one of the city's top locations. Inquire today!
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 Quinn Sukhumvit 101 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.