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This abode marks potential to be a highly coveted affair. With 43 SqM at the ready, this studio condo provides the perfect opportunity for a dwelling that accommodates a lifestyle of convenience and comfort - one bathroom, one expansive room in which to experience living in modernity. Due to its location in Na Kluea, within the Wongamat Tower project, the property accumulates a centrality of cosmopolitan grandeur. Of the many facets that make this property appeal to your aesthetic and utilitarian needs, the fact that it was completed in December 2014 surely adds to the project's allure -unquestionably contributing to its desirability. This residence is available for both sale and rental - its base price being only ฿3,200,000 (฿74,419/SqM), with long-term rentals seeming to reside in the realm of possibility due to its incredibly low starting price of ฿13,000 per month. Enquire about this property if you seek the perfect dwelling in the idyllic Chon Buri area, fit for both your practical needs and personal desires.
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 Wongamat Tower you have to follow these steps:
Thai Ownership Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment 14 days after contract signing 30% 2nd Installment On handover 70% Foreign Ownership Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment 14 days after contract signing 30% 2nd Installment On handover 70%
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.