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Are you ready to own the home of your dreams? Well, then get ready to explore 54 SqM of pure condo bliss! This property is recently presented on the market, ready to be snapped up by a lucky new owner - and it could be you!Our condo stands as part of the Su Condo project in Nong Hoi, Chiang Mai, offering two bedrooms and two bathrooms across a compact but efficiently designed indoor space of 54 SqM. Completed this April of 2021, you know you'll be investing in the cream of the crop.Being a savvy investor, you'll be glad to know this great deal comes with a base price of ฿3,580,800 (฿68,862/SqM), making it a total steal. With all the comforts of home which it can offer you, this condo is the ideal living space you've been looking for.So go ahead and take a look around. Don't you think it's time to grab this opportunity and make it your own? Stop waiting and start living!
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 Su Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $146 1st Installment Upon contract signing $1,170 2nd Installment Down payment $291 3rd Installment On handover 100% Installment Milestone Payment Reservation Deposit Immediately $2,910 Down Payment Upon contract signing 30% 2nd Installment Structure Completed 30% 3rd Installment On handover 40%
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.