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Are you dreaming of owning condo unlike any other in Bangkok's city center? Look no further! This stunning 1-bedroom, 1-bathroom condo, part of The Teak Sathorn-Lumpini project in Chong Nonsi, is now available for sale – and it's an absolute must-see for anyone seeking out their perfect city home.At 31.72 SqM, this condo provides an enviable central location – easy access to every convenience and transport hub. Plus, thanks to its completion in Nov 2019, you can rest assured that all modern amenities are in place. With a beautiful interior and exterior design inspired by the breeze of the nearby rooftop, this condo is perfect for entertaining guests or simply enjoying a peaceful moment.And all this is available for the unbeatable base price of ฿5,261,788 (฿165,882/SqM)! What more could you want?We invite you to experience the unique The Teak Sathorn-Lumpini project, and to have an exclusive look at this amazing condo – complete with breathtaking views of Bangkok. Don't miss out – 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 Sathorn-Lumpini you have to follow these steps:
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.