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This property is a 49 SqM condo with 1 bedroom and 1 bathroom that is available for rent. It is part of the Khun By Yoo project in Khlong Tan Nuea, Bangkok and was completed in Jul 2020.
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 Khun By Yoo you have to follow these steps:
1 Bedroom Installment Milestone Payment Reservation Deposit Immediately $2,900 1st Installment Upon contract signing 3% 2nd Installment On handover 97% 2 Bedroom Installment Milestone Payment Reservation Deposit Immediately $29,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70% Penthouse Installment Milestone Payment Reservation Deposit Immediately $11,600 1st Installment Upon contract signing 3% 2nd Installment On handover 97%
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.