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What could be better than buying this stunning condo situated in the increasingly popular Khlong Tan Nuea? You'd be buying into a spot of luxury with this 43.90 SqM condo that is now available for sale, part of the contemporary Runesu Thonglor 5 project. Packed with two bedrooms, a bathroom, and completed in September 2019, it is the perfect opportunity to own a modern and minimalistic city-living unit, without spending a fortune. For only ฿10,874,100, you could make this beautiful condo your own. That is a bargain price of ฿247,702/SqM – a price that you'd be hard pushed to find anywhere else in Bangkok. This is your chance to be surrounded by the busy streets, bustling with eateries, bars and shops, while still having a haven to go home to. Enjoy all the luxuries that Bangkok has to offer, while immersing yourself in the contemporary atmosphere of a new-build, modern condo. Don't miss out – enquire today and guarantee your perfect home away from home!'
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 Runesu Thonglor 5 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.