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Rare item for sale at Groove Scape 48 (Groove Scape Ladprao – Sutthisan ) - Largest room in the condo - corner unit Develooper: Divine Development Total Floor: 8 Unit: 101 Type: 2beds 1 bath with garden (fully furnished) Area: 43.54 sqm Floor: Ground Floor Facilities: - Near MRT Yellow Line, Phawana Station, which has Interchange with MRT Blue Line, Lat Phrao Station - Near Big C Ladprao, Union Mall, Central Ladprao - Near Sutthisan Hospital ,Paolo Hospital Chokchai 4 - Multipurpose room , Fitness, recreation, Co Living space & cafe, communal garden and rooftop swimming pool - Auto Parking - Shuttle bus to take you to the BTS station.
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 Groove Scape Ladprao - Sutthisan you have to follow these steps:
Term of payment Installment Milestone Payment Reservation Deposit Immediately $1,480 1st Installment 30 days after 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.