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This magnificent condo is located in the heart of one of Bangkok's most sought after residential areas, at The Teak Ratchada 19 project in Din Daeng. Built with the latest contemporary design and modern amenities, this 31.68 SqM one bedroom and one bathroom condo offers the perfect living space and opportunity for those seeking a new, affordable residence in the city.Boasting a highly efficient and user-friendly design, this property features a spacious open-plan living and dining room, a fully-equipped modern kitchen and one generous-sized bedroom and bathroom. This condo also includes the very best in modern, technological amenities, such as high-speed Wi-Fi, satellite television and air conditioning throughout. With a generous exterior balcony area, it offers splendid views of Din Daeng, Bangkok can be enjoyed from this property too. All of this, with a price of just ฿5,366,965 (฿169,412/SqM) makes this property an absolute bargain for any discerning purchaser.The Teak Ratchada 19 project is conveniently located close to a variety of local amenities on its doorstep, such as shopping malls, schools, universities, and international hospitals. The building itself also provides excellent leisure and recreational facilities such as a sauna, steam room, jacuzzi, fitness centre, and swimming pool. Offering tremendous value, a practical and exceptionally designed layout, and a wealth of local amenities, this lovely condo is a winning proposition and must not be missed. Make sure to enquire now and arrange a viewing today to truly appreciate all that this charming property has to offer.
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 $1,150 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.