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Welcome to The Rich Condo! Come take a look at this lovely 34.50 SqM condo and you will quickly understand why this project in Nong Hoi, Chiang Mai is a must-see. This neat one bedroom, one bathroom condo could be yours for the bargain price of ฿1,652,500 (฿47,899/SqM)! Just think - for the price it takes for a few cups of coffee, you could be the proud owner of a home that is sure to make all your friends jealous.The Rich Condo is renowned for its modern design, outstanding amenities and stunning views, so don't miss out on the opportunity to live in this fantastic community. Built in September 2015, the condo is situated in a peaceful, picturesque area, providing you with the perfect balance of tranquility and convenience. You'll be minutes away from great shopping, delicious restaurants and everything else you need to make life easy.The condo itself is equally as impressive as the area surrounding it. You can enjoy access to a shared pool and terrace, ideal for those who like to entertain or just want to kick back and relax with a good book. Onsite, you can also do some work-out in the gym, and get your cornflakes from the common area shop.This is an unbeatable offer and a one of a kind opportunity to own a piece of paradise. Don't hesitate any longer - don't miss this incredible opportunity and enquire about what this condo has to offer. You won't be disappointed!
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 The Rich Condo 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.