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Step right up and take a look at this bungalow in Chon Buri. This sweet little condo is part of the Siam Garden 3 project in Nong Prue and it's a real bargain. It's a one bedroom and one bathroom spread out over 34.50 sqm, and you can grab this gem for only ฿2,035,500—that's about ฿59,000 per square meter! This lovely place was completed in December 2015, so you know it's all up-to-date and ready for you to make it your own. Plus, it's in a great spot, so this spot isn't going to be on the market for too long. Don't miss out, enquire today and make this beauty yours!
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 Siam Garden 3 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.