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Looking for an amazing investment opportunity? Look no further then this incredible one bedroom, one bathroom condo, which is now on the market! Located in the stunning The Panora Pattaya project in Nong Prue, Chon Buri, this amazing condo is 32.57 square meters of pure opportunity. Finished with the highest attention to detail and completed in December 2022, you could enjoy the unique feeling of a brand-new condo from the moment you settle in!But that's not all! This jaw-dropping condo is available for sale at a base price of thyme4,647,800 (฿142,702/SqM) – an absolute steal in Pattaya's current real estate market. You won't find a better deal in this district, so now is the perfect time to act! If you're looking for an exciting, value-for-money condo project, then this really needs to be at the top of your list. Contact the experts at the Panora Pattaya today to find out more and to arrange an inspection. Even if it isn't quite what you're looking for now, this investment opportunity could potentially give you a great head start when it comes to real estate. Don't miss out – enquire today!
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 The Panora Pattaya you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $1,450 1st Installment Upon contract signing 20% Down Payment 4 Installments 40% 2nd Installment On handover 40% Installment Milestone Payment Reservation Deposit Immediately $2,890 1st Installment Upon contract signing 20% 2nd Installment 4 Installments 40% 4th 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.