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This spacious 113 sqm condo is located in the prestigious The Room Sukhumvit 21 project in Khlong Toei Nuea, Bangkok. With a large bedroom and two bathrooms, this sixteenth-floor unit is perfect for a single person or a couple. The fully furnished space includes a balcony, making it the perfect place to relax and take in the city views. The property was completed in Jan 2013 and is available for both sale and long-term rentals. As a Thai quota unit, it can be yours for a base price of ฿20,600,000 (฿182,301/sqm) or rented out for ฿60,000 per month. Don't miss out on this opportunity to own or rent a piece of prime real estate in one of the most sought-after locations in Bangkok.
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 Room Sukhumvit 21 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.