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Life can be stressful, and sometimes all you want to do is find a place where you can relax and forget the hustle and bustle of the everyday grind. We have just the spot for you—an idyllic 29 SqM studio condo located at Park Origin Phrom Phong project in Khlong Tan, Bangkok!This loft-style dwelling was completed in January 2017 and, wow, does it look pretty! With an interior design that makes you feel like you're living in a piece of art, you'll have all your friends drooling at this modern masterpiece. A single bathroom ensures that you can freshen up at the start of your day before you tackle your day-to-day tasks.
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 Park Origin Phrom Phong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $2,890 1st Installment Upon contract signing 30% 2nd 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.