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OverviewIf you're in the market for a two-bedroom, two-bathroom starter home, this 74-sqm condo at the V Twin Donjan project in Tha Sala, Chiang Mai is worth enquirement. Constructed in April 2014, it brightens the future with a wealth of modern amenities, achieving a distinct balance between structural integrity and visual interest. Its base price of ฿4,493,626 (฿60,725/SqM) make purchasing it a savvy investment, given the condo's contemporary appeal and neighborhood accessibility.Impressive DesignThis sleekly designed condo exudes a smart modern style at every corner. Its two bedrooms and two bathrooms come equipped with all the fixtures and features that one could need. These include an easy-to-use kitchen with a refrigerator and a microwave, as well as a spacious living room that's ideal for entertaining. With strong hardwood floors and an abundance of windows providing plenty of natural lighting, the condo exudes an atmosphere of calm and comfort.Communal AmenitiesBeyond the condo's refined interior, you'll find yourself surrounded by excellent communal amenities. A 24-hour security service is present to protect residents, and swimming is permitted in the nearby outdoor pool. There's also a well-maintained playground for kids to romp in, as well as a shared gym for those interested in staying fit. The condo is just a short walk from the local shops, restaurants, and entertainment venues of nearby Tha Sala, making it a convenient spot to engage in urban living.Investment OpportunityThis and others like it at the V Twin Donjan project make for an excellent investment opportunity, as modern condominiums are proving to be fairly reliable when it comes to real estate values. If you're considering purchasing a starter home in Chiang Mai, other than the investment
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 V Twin Donjan 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.