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Do you want to stand shoulder-to-shoulder with Bangkok's elite? If you do, then this 35.74 sqm condo is the perfect property for you! Not only is it part of The Teak Ratchada 19 project, one of Din Daeng's finest offerings, but it comes with one bedroom and one bathroom, too. Completed in December 2022 and available for sale at the astonishingly economical price of ฿6,265,012 (฿175,294/SqM), it's an opportunity not to be missed.So why wait? Whether you're looking to start a new life in Bangkok or simply investing in property, this one bedroom condo is the perfect choice. What's more, it's built to the most exacting specifications, meaning you can revel in its comfort and quality for years to come.So if you want to make a statement in Bangkok, look no further. With The Teak Ratchada 19 project, this 35.74 sqm condo represents an excellent opportunity at a seriously competitive price. The time to act is now - don't miss out!
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.