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This incredible one-bedroom condo is part of The Teak Ratchada 19 project, located in Din Daeng, Bangkok. Completed in Dec 2022, the 35.89 SqM condo provides an opportunity to invest in one of Bangkok's most prestigious districts.The spacious one-bedroom property features a single bathroom and is up for sale at a base price of ฿6,291,306 (฿175,294/SqM). Adjacent to major transport links, it offers convenience to access the perks of Bangkok city life.The Teak Ratchada 19 project flaunts functional and contemporary designs, combined with greenery and potted plants to provide a relaxing living area.Residents will be equipped with the best amenities, such as a swimming pool, fully-equipped fitness center, laundry facilities and a parking area. Plus, the fully-efficient security system provides a heightened sense of security for residents.With its coveted location, acclaimed architectural designs and best-in-class facilities, this one-bedroom condo offers an opportunity for a comfortable lifestyle and a savvy investment decision. Don't miss out on this fantastic property - enquire 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 $1,160 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.