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This prestigious condo unit, available for sale in the highly desirable Arcadia Millennium Tower project in Nong Prue, Chon Buri presents a golden opportunity for those seeking a high-end property. A spacious56 SqM floorplan boasts two bedrooms, two bathrooms, a more than adequate living and dining space, and ample storage. Finishes of the highest quality are expressed throughout the property and all functionality is done to modern standards. The location of the development is truly remarkable, situated in the premier district of Nong Prue, within close proximity to many desirable amenities and facilities. An inherent value lies within the price of this condo - ฿5,599,000, a rate that averages out to ฿99,982 per square meter, a measurably sound investment. This condo is the ideal property for anyone looking to live close to the conveniences of downtown but still in a tranquil, low-key environment.All the elements of a good life and superb home are here, ready for buyers to take advantage. Complete in December 2021, the exceptional Arcadia Millennium Tower project has delivered a unique and rare offering. Making up the condo option in this premium development, this property presents an irresistible addition to the real estate market. Those keen to find out more about this condo should enquire now before it is too late!
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 Arcadia Millennium Tower you have to follow these steps:
1BR Installment Milestone Payment Reservation Deposit Immediately $591 1st Installment On handover 100% 2BR Installment Milestone Payment Reservation Deposit Immediately $1,480 1st Installment On handover 100%
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.