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An opportunity awaits that can't be missed! Picture yourself living your best life in a one-bedroom condo for sale within The Teak Sathorn-Lumpini project in Chong Nonsi, Bangkok. Completed in Nov 2019, this 31.72-SqM condo offers up a dramatic and luxurious lifestyle. Even the price of ฿5,261,788 (฿165,882/SqM) is nothing short of remarkable. Within this colossal real estate opportunity you'll find 1 bedroom, 1 bathroom and a timeless sense of style and sophistication - all for a fraction of the market value. You're invited to come see for yourself the grandeur that these walls contain. Why not take a look? You may just find the perfect place to call your own. All it takes is an inquiry - and who knows what might come of that?! Get in touch, and you could be the proud new owner of this majestic condo. Don't let this one-of-a-kind opportunity slip by - enquire 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 The Teak Sathorn-Lumpini 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.