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Welcome to Bangkok's premiere condominium community – The Teak Ratchada 19. This stunning project is located in the desirable Din Daeng area, and is an sought-after address for many. The property on offer today is a 35.63 SqM one-bedroom, one-bathroom condo that is ideal for an investor looking for a good return or a buyer looking for their own piece of paradise! Completed in Dec 2022 and available for sale with a base price of ฿5,868,471 (฿164,706/SqM), this is an amazing opportunity to get into the heart of Bangkok at a great price. The project offers first-class facilities and amenities, including a state-of-the-art gym, swimming pools, and lush green gardens. Not to mention the convenient location – close to schools, hospitals, and commercial buildings. This Teak Ratchada 19 condo is perched on the 7th floor, with views that stretch over the cityscape of Din Daeng. Contemporary, modern interiors include plenty of open plan living, full-height windows and sliding doors that lead onto an inviting balcony. All integrated appliances are of the highest quality, including custom-built cabinetry, stone benchtops, and an electrolux kitchen. For a truly luxurious feel, you'll also find polished timber flooring throughout the living areas.For those who want to capitalize on Bangkok's real estate market, this property is a must-view! The area boasts a wealth of amenities and attractions, perfect for those seeking lifestyle convenience. Get in touch with us today to book an inspection and make this property your new address.
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 Teak Ratchada 19 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $1,160 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.