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Details about the room on the 6th floor: Room area of 30 square meters, separated by a partition, newly renovated. The condo includes parking space and laundry area. You can even place a washing machine in the room for convenience. It's close to the city and very close to the pier. ‼️Available at an affordable price for you to own!‼️ Ideal for personal use or investment for rental income. Great value!! Excellent location in Chiang Mai, not crowded, no traffic jams. 1 minute to Central Festival, 3 minutes to Lotus Kamthieng, 5 minutes to Kad Mee Chok, Lotus Express, and Big C Extra. 8 minutes to Arcade Bus Station, 10 minutes to Maya Shopping Mall, Nimman area, and Chiang Mai University."
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 Baan Krungthai Condotel 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.