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Ever dream of living in the heart of Bangkok? This is the perfect opportunity to make that dream a reality. Boasting a colossal 66 SqM in size, this luxurious-yet-affordable condo with two bedrooms and two full bathrooms is now available for sale as part of The Address Sathorn project in Si Lom, Bangkok. Completed in December 2011. What could be better than owning a stunning downtown condo? Whether you're looking for an amazing investment opportunity or a desirable downtown dwelling, this property is sure to fulfil all of your needs.So, what are you waiting for? Come and see for yourself why this is the ideal place for you! With its sleek aesthetic and amazing features, you'll be happy to call this your home.
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 Address Sathorn 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.