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Nestled on the sandy substratum of Chon Buri, Thailand, is the acclaimed Grand Florida project – an enclave of luxury condos in the fashionable neighborhood of Na Chom Thian. Encapsulated in its exquisite architecture lies Condo 36, an idyllic piece of paradise made available for sale.The residence is a spacious 36 square metres of living wonders, conveniently amplified by natural light streaming through its windows. It includes an expansive bedroom and an inviting bathroom, evoking a spirited atmosphere reminiscent of a joyous abode. The interior is immaculately furnished with modern amenities, which evinces the developers' scorn for accepting anything but the best.Condo 36 is an unprecedented opportunity for those who seek contemporary accommodations. Its prime location provides access to a cache of popular dining options and entertainment experiences, in the immediate vicinity. While at the same time its meandering walkways invite evenings of strolling, from active lifestyles to breathtaking waterfronts and beach views. Its streets alive with energy and life, ensuring that there is no shortage of heart-stirring urban stimulation.For those who are looking to buy the condo, its base price is a bargain of 4,629,000 baht (128,583 per square meter). Coupled with the thoughtfully designed condo, it is a highly sought after lifestyle dwelling. Investing in this property would be an indulgence in whose effects your future self will bask in for a lifetime. So, hurry and secure this opportunity before its too late!
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 Grand Florida you have to follow these steps:
Thai Quota - 1 Bed Installment Milestone Payment Reservation Deposit Immediately $1,480 1st Installment Upon contract signing 20% Down Payment Payable 6 months 5% 2nd Installment On completion 80% 2nd Installment On handover 80% Thai Quota - 2 Bed Installment Milestone Payment Reservation Deposit Immediately $2,960 1st Installment Upon contract signing 20% 2nd Installment On handover 80% Thai Quota - Beachfront Installment Milestone Payment Reservation Deposit Immediately $5,910 1st Installment Upon contract signing 20% 2nd Installment On handover 80% Foreign Quota - 1 Bed Installment Milestone Payment Reservation Deposit Immediately $1,480 1st Installment Upon contract signing 35% 2nd Installment On completion 65% Foreign Quota - 2 Bed Installment Milestone Payment Reservation Deposit Immediately $2,960 1st Installment Upon contract signing 35% 2nd Installment On handover 65% Foreign Quota - Beachfront Installment Milestone Payment Reservation Deposit Immediately $5,910 1st Installment Upon contract signing 25% 2nd Installment On handover 65%
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.