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This property is a 35 SQM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the XT Huaikhwang project in Din Daeng, Bangkok and was completed in May 2021.
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 XT Huaikhwang you have to follow these steps:
2BR Installment Milestone Payment Reservation Deposit Immediately $2,910 1st Installment Upon contract signing $291 2nd Installment On handover 99% 2BR Installment Milestone Payment Reservation Deposit Immediately $437 1st Installment Upon contract signing $437 2nd Installment On handover 99%
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.