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YOOOOWZA! If you're lookin' for a piece o' paradise in Khlong Ton Sai, Bangkok, you'll wanna check out this 1 bedroom, 1 bath condo pronto! Not only is this bright and shiny 62 sqm pad part of The River by Raimon Land project, but it was only completed in Dec 2009! Now that's some freshness ya can taste. This condo is definitely gonna be turnin' heads with an incredibly affordable price tag. At ฿9,800,000 (฿158,065/SqM to be exact!), it won't take long for the savvy investor to snatch this gem up. What's even better is the convenient location of this condo, which is just a few steps from all the amenities and modern attractions you could ever need. Whether it's the local Shopping Mall, nightlife spots, or amazing restaurants, you'll have it all within your sights. Still not convinced? Well, this condo also offers top-of-the-line facilities that you'd expect from a place of this caliber. Relax in the infinity pool, take part in private Tai Chi sessions at the park, or enjoy a bit of retail therapy at the outdoor market. The possibilities are truly endless! So if you're ready to experience the finer things in life, come and take a look at this amazing condo now!
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 River by Raimon Land you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $8,740 1st Installment Upon contract signing 15% 2nd Installment Selling price over 3months 15% 3rd 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.