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This property is a truly unparalleled opportunity, located in the exclusive Sathorn Heritage project in Thung Wat Don, Bangkok. An outstanding 116.44 SqM condo, it spans two generously proportioned bedrooms and two bathrooms, making it a ideal sanctuary for those seeking comfort and luxury. Available for sale, this property was completed in Dec 2008, making it an established yet relatively modern building.For prospective purchasers, this inexhaustible rental potential of this property will have considerable value. Offering a base price of ฿16,301,600 (฿140,000/SqM), its price point is tailored to provide excellent value for those seeking to obtain investment in the bustling Bangkok real estate market. As such, it is a bargain not to be passed up.What's more, its enviable position in Thung Wat Don provides a rare opportunity to be in close proximity to an array of local amenities. It is ideal for those looking to invest in a combination of quality and convenience, while being near the thriving city centre.Put simply, this property is an attractive investment opportunity, one meriting serious consideration. From its modern construction to its attractive price point, this condo is an opportunity that should be explored. We urge you to enquire with us in order to witness first-hand the property's incomparable luxury and its untouchable rental potential.
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 Sathorn Prime Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 10% 2nd Installment The rest of payment within 1 month 90%
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.