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Welcome to The Teak Ratchada 19, where modern convenience and luxury come together! This one-bedroom condo estate is a premier choice for cultured urban living. Boasting a generous 31.73 square meter size, this dynamic condo is sure to turn heads. Surrounded by a vibrant, metropolitan atmosphere, this residence features all the desirable perks of a future-oriented lifestyle. Intricate details like a stylish terrace and seamless entry doors contribute to an atmosphere of finesse, while stylish décor like built-in cupboards and chic lighting fixtures transform the traditional condo model into something chic and divine. Perhaps the best part is the price: a surprisingly affordable 5,450,094 Baht (roughly Rs. 171,765/square meter). This remarkable condo has the potential to be the envy of all your friends—without any of the financial worries! The surrounding Din Daeng area is already a notable destination, due to its close proximity to places like the Union Mall, Central Rama 9 and Fortune Town Shopping Center. With all these amenities nearby, you'll find that this property is a true gem that cannot be matched for its convenience and location. With construction completed in December 2022, The Teak Ratchada 19 is a unique and stunning example of modern living. If you're ready to invest in your future, contact us today to set up a viewing and experience the best of upscale living.
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.