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Do you want to live in luxury without spending the big bucks? Then take note, because The Rich Condo is your brand-new opportunity! Stylishly located in Nong Hoi, Chiang Mai, this one bedroom and one bathroom condominium might be small in size, but it's big in style and value.Measuring in at 34.50 SqM, this condo is oh-so modern and ready for you to move right in. Originally completed in Sep 2015, it's been priced to sell and offers golden views. Discover a comfortable open space that seamlessly transitions rooms and welcomes the sunlight streaming through the windows.Inside this enviable condo, you'll find plenty of room for a cozy living space, an eat-in kitchen, a bedroom, and an airy bathroom. With this apartment, you won't sacrifice style or quality, yet you can keep your budget intact. With a base price of ฿1,711,150 (฿49,599/SqM), you'll be sure to bag yourself a real deal.Step into Chiang Mai and make this elegant condo your very own. So don't miss out, call today and find out more about The Rich Condo!
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 Rich Condo 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.