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Condo for sale: Diamond Ratchada, Soi Ratchada 12, 10th floor, Tower A, 2 bedrooms, 2 bathrooms near MRT Huai Kwang Number of Floors: 31 Floors Project: Diamond Ratchada Address: Soi Ratchadapisek 12, Ratchadapisek Road,Kwang Huaikwang, Khet Huaikwang, Bangkok Size: 60.20 SQ.M. Types: 2 bedrooms, 2 bathrooms, 1 pantry, 1 living room Electronic Appliances and furniture: 3 Air Conditioners, Electrical Stoves, Cooker Hood, Built-in Closets Direction: Front heading West, Balcony heading East View: City View, Soi Ratchada 12 ViewArea: Ratchada, Huai Kwang, Rama 9Facilities:๐ Fitness, Swimming pool, table tennis table๐ Keycard access, 24 hour Securities, CCTV Places nearby: ๐ MRT Huai Kwang, MRT Thai Cultural Center ๐ Tesco Lotus, Big C, The Street, Esplanade, Central Plaza Grand Rama 9๐ Triamudomsuksapattanakarn Ratchada School, , KIS International School๐ Phraram 9 Hospital, Piyavet Hospital, Paolo Memorial Chokchai 4 Hospital Price: Baht 6,800,000 Rent: Baht 40,000 per month
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 Diamond Ratchada 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.