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Check out this prime property that's fresh on the market - it's got one bedroom, one bathroom, and a gigantic 40.68 SqM of sweet, sweet space ya'll! Yeah, you heard me right. This condo didn't just pop up yesterday - no siree. It's part of the The Line Jatujak - Mochit project, way up in Chatuchak, Bangkok and can you believe it was only completed one year ago, in Dec 2018! Time flies! But forget all that awesome stuff for a second, I bet what you're wondering is why in the world you should buy this property, right? Here's the best part: You can buy this condo for a base price of ฿8,940,600 (฿219,779/SqM). BOOM - that's a deal and a half! And I've only barely started to explain the awesomeness of this sensational condo. Aside from the obvious (sleek flooring, modern interiors, captivating views, etc.), this place has tons of nearby public amenities like markets, convenience stores, coffee shops, and parks all within a stone's throw of the property. So don't miss your chance to inquire on this prime property - it's going, going, gone!
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 The Line Jatujak - Mochit 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.