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Beautiful corner unit with river view on the 35th (top) floor. This property is a 90 SqM condo with 3 bedrooms and 2 bathrooms stretching over two floors (one of the few 3 BR Vertiplex units of this project). It is of the Life Rama 4 - Asoke project in Khlong Toei, Bangkok, developed by the renowned developer AP. It is scheduled for completion in 2024. The apartment is within the foreign quota, meaning that foreigners can hold full ownership to the apartment. Life Rama 4 - Asoke is conveniently located just 30 m from 7-Eleven, which can be reached within 1 min. by foot. There are many other shops situated in the area of Life Rama 4 - Asoke, the 3 closest being: - Beef Market 3 is 550 m away (about 7 mins. by foot) - Lin Furniture is 500 m away (about 7 mins. by foot) - Parking @ Klongtoei Market is 920 m away (about 12 mins. by foot) The surrounding area, where Life Rama 4 - Asoke is situated, offers a wide variety of restaurants. See the closest of them below: - Khao Man Gai is 10 m away (a walk of about 1 min.) - Che Ngow Noodle Shop is 10 m away (a walk of about 1 min.) - Saengcharoen is 20 m away (a walk of about 1 min.) TPP Healthcare International Khlong Toei is the nearest health facility, which is 550 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Life Rama 4 - Asoke are: - CYP Coding Camp (Coding for kids) is 570 m away (about 7 mins. by foot) - CoderDoJo is 510 m away (about 6 mins. by foot) - Import-Export Training Institute is 910 m away (about 12 mins. by foot)
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 Life Rama 4 - Asoke you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $2,920 Deposit deposit within 1 month after the booking date 12% 2nd Installment On handover 88%
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.