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This charming condo is now available and offers buyers an excellent opportunity to purchase a highly sought-after property at an attractive price.Measuring 31.70 SqM, the condo features a single bedroom and one bathroom, and is part of the highly desirable The Teak Ratchada 19 project. Located in Din Daeng, Bangkok, the unit is expected to be completed by December 2022.The attractive price of ฿171,765/SqM, or ฿5,444,941 in total, makes it one of the more affordable units in the area.Boasting all of the advantages of contemporary living, the condo's design ensures effortless style, convenience, and superior standards of comfort. Those buying this property can have confidence knowing that all the amenities necessary for modern living requirements are integrated into the design; effortlessly blending elegance and functionality.The Teak Ratchada 19 is a high-end condominium development located in an ideal location; close to many of Bangkok's popular amenities, including magnificent public parks and green spaces, local business and commercial hubs, fine dining restaurants and entertainment venues. The development enjoys excellent accessibility to nearby roads, with multiple transportation options for efficient commuting and connection to vibrant downtown areas.This property is a prime choice for those looking for the ideal home in a coveted urban setting. With a combination of outstanding value and superior lifestyle, this condo is an ideal purchase for buyers looking to secure a first-rate property in one of the city's most desirable neighborhoods. If you're searching for a high quality and well-priced property, don't hesitate to enquire about this condo today!
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.