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This sparkling two-bedroom/one-bathroom condo epitomizes modern and comfortable living. With a spacious 31.72 SqM of living area to call home,this property is situated in the highly sought-after project of The Teak Sathorn-Lumpini in Chong Nonsi of Bangkok. Completed in Nov 2019, this quality development presents luxurious living and security to occupants.This condo boasts a range of top quality fixtures and fittings, from a sleek and modern kitchen with stainless-steel appliances, a well-designed bathroom complete with elegant Chinese-style tiles and natural light shining through. Further, appealing and tranquil views of nearby parks and greenery are framed by large windows, adding a unique visual allure to the property.Thanks to an innovative use of space, the interior layout has been well-planned to ensure ample space and private living, while still delivering a sense of connection. Residents can enjoy the benefit of additional outdoor space with the convenient balcony, a luxurious addition unaffected by Thailand's active monsoons.Buying in the The Teak Sathorn-Lumpini project offers investors the chance of owning a quality condominium within a family-friendly neighborhood. With a fully operational clubhouse, 24-hour security and an array of services available to you round the clock, occupants can benefit from a wide range of recreational and dining options.This property has been priced to sell, with an encouraging base price of ฿5,336,424 (฿168,235/SqM) available for purchase. Suitable for both first-time buyers and investors, hurry and enquire now for an opportunity to experience a lifetime of comfort.
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.