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Welcome to The Teak Ratchada 19, a prime residence located in the bustling city of Din Daeng, Bangkok. Completed in December 2022, this modern condominium offers a unique opportunity to live in a remarkable part of the city.This 31.73 Square Meter condo is a wonderful option for those seeking to make a home for themselves or for investors seeking a profitable venture. Inside, you'll find one bedroom and one bathroom, complete with modern features, fixtures, and amenities.The condo boasts an attractive base price of ฿5,450,094 (฿171,765/SqM). Thanks to its location, you have easy access to the city's many worldly attractions. Whether you're seeking entertainment, food, culture, or shopping, you'll find it nearby.Plus, the condominium offers top-rate amenities, such as a fitness center, swimming pool, and rooftop garden. You can also enjoy a convenient underground parking space and 24-hour security.This condo is the perfect opportunity to own or invest in a unique city property like no other. Whether you're interested in a place to raise a family or in a valuable investment, you won't be disappointed with The Teak Ratchada 19. Enquire now to find out more!
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.