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Dream big and make it a reality with this must-have condo located in Fa Ham, Chiang Mai - part of The Spring Loft project! Completed in October 2022, this asset offers one lucky buyer an enviable 55.05 SqM space to call home. For those in search of quality and comfort, look no further. This incredible property features one bedroom and one bathroom, offering ample room to relax and unwind. There is nothing like coming home to a tranquil atmosphere, and here is certainly a top choice for those who enjoy the finer things in life. Beyond luxury, this property is also a savvy investment. With a base price of ฿4,665,000 (฿84,741/SqM), this is an opportunity that simply cannot be overlooked. Imagine owning a brand- new condo in a sought-after neighborhood, without having to break the bank! Don't let this opportunity pass you by - contact our team to discuss what's possible and take the first steps toward making this unforgettable property yours.
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 Spring Loft you have to follow these steps:
Standard 1 Bedroom Unit - Thai Quota Installment Milestone Payment Reservation Deposit Immediately $300 1st Installment Upon contract signing $2,100 Down Payment 1 months after contract signing 10% 3rd Installment On handover 90% Loft and 2 Bedroom Unit - Thai Quota Installment Milestone Payment Reservation Deposit Immediately $599 1st Installment Upon contract signing $3,000 Down Payment 1 months after contract signing 10% 3rd Installment On handover 90% Standard 1 Bedroom Unit - Foreign Quota Installment Milestone Payment Reservation Deposit Immediately $300 1st Installment Upon contract signing $2,100 Down Payment 1 months after contract signing 30% 3rd Installment On handover 70% Loft and 2 Bedroom Unit - Foreign Quota Installment Milestone Payment Reservation Deposit Immediately $599 1st Installment Upon contract signing $3,000 Down Payment 1 months after contract signing 30% 3rd 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.