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Proudly offered for sale at Park Origin Phrom Phong is an exceptional 1 bedroom/1 bathroom condo with a living space measuring 31.57 sqm - a superb opportunity to enter the Bangkok market. Impeccably constructed, this abode was completed in January 2017, leveraging the best of industry technologies and materials to create a design that is both efficient and aesthetically pleasing. Benefitting from its enviable location, this property is one of the choicest investments in Khlong Tan.Competitively priced at ฿6,254,000 (฿ 198,099/sqm), the residence provides an outstanding ROI thanks to the constant rise in the Bangkok property market. Commercial enterprises and organic eateries, local entertainment and transportation links, and major shopping malls are all within close proximity – ensuring that today's modern city dweller has all their needs covered.Contemporary design is a cornerstone of this residence, with floor-to-ceiling windows allowing for maximum natural light to cascade in, a chic kitchen integrating seamlessly with the living area, spacious bedroom featuring body-contouring furnishings, and a pristine bathroom, assuring those of the highest of standards.Whether you're looking for a property from which to achieve capital growth, or a perfect pied-à-terre, this residence ticks all the boxes. Being one of the most desirable prospects on the market, interest will no doubt be high, so schedule a private viewing quickly to avoid disappointment!
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 Park Origin Phrom Phong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $2,910 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.