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Behold! If you seek a home with a world-class "Bang for your buck," you need look no further than this quaint 32.30 SqM condominium in the City Garden Pratumnak project in Nong Prue, Chon Buri. Completed in a timely manner in November of 2015, this one-bedroom, one-bathroom unit can be yours for a base price of ฿2,480,000 (in a jaw-dropping ฿76,780/SqM!). Moreover, the possibilities don't end there. Even if you opt not to purchase the property, you can still savor the remarkable opportunity to reap the benefits of long-term rentals starting at just ฿12,000 a month. Seize the opportunity: inquire and experience a quality home at a affordable price in the unique City Garden Pratumnak today!
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 City Garden Pratumnak you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately 30% 1st Installment 4 Quarterly Payments 60% 2nd Installment On handover 20%
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.