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This 61 SqM condo has come onto the market as a fantastic opportunity for potential buyers. Available for sale, the contemporary property is situated in the stylish Club Royal project in Na Kluea, Chon Buri and was completed in December 2016. The one bedroom and one bathroom condo offers a fantastic base price of ฿2,990,000, translating to a rate of ฿49,016/SqM.The Club Royal development is a perfect location as it offers easy access to all major commercial hubs, entertainment zones and other amenities. The peaceful living area ensures that residents remain close to nature's beauty, whilst enjoying the convenience of all necessary facilities.The apartment itself is detailed in contemporary style with superior-quality fixtures and fittings. Attractive, modern furnishings create a light and airy atmosphere, ideal for bringing in natural light, yet remaining refreshed with air conditioning. Residents can also benefit from a communal, balcony which provides spectacular natural views and makes this the perfect apartment for either a residence or for use as a rental investment.This modern condo also offers a great opportunity for potential landlords who can let out this property on a long-term rental basis, with rental rates starting from ฿18,000 per month. This 1 bedroom / 1 bathroom condo has been designed with attention to detail, utilizing quality fixtures and fittings to create a modern and comfortable living space. With a fantastic base price of ฿2,990,000 and the option of long term rentals, this property is sure to be of great interest to potential buyers.
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 Club Royal you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $1,440 1st Installment Upon contract signing 20% 2nd Installment On handover 80%
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.