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Project Name | Formosa Ratchayothin CondominiumDeveloper | Thai – One Property Co., Ltd.Construction Complete | May 2021Land Area | 0-2-63 RaiHigh | 6Total Building | 1Total Unit | 15Room Type | Duplex Garden House 3 bedrooms, 3 bathrooms with Bathtub and Maid Room with Bathroom, living room, kitchen, dining area and Special Large balconyFloor | 5-6Area | 147.61 Sq.m.Rental Price | THB120,000/month ( Fully Furnished with Pet Friendly )Sale Price | THB25,000,000 ( Transfer Fee | 50 : 50 By the Seller and Buyer )Ceiling High | 3 m.Included | Air Condition in all rooms, Kitchen, Washing Machine, Refrigerator, Electric Hob with Hood, Microwave and water heater in all bathroom.Location | Phaholyothin 26 ( BTS Phaholyothin 24 )The area directly surrounding the project location features :- 120 m. to BTS Phaholyothin 24- Tesco Lotus- Hor Wang School- Central Ladprao- Major Ratchayothin- Union Mall- Paolo Hospital- Kasetsart UniversityFacility ( 2nd Floor ) :- Lobby- Swimming Pool- Fitness Room.- CCTV/Key card accessGeneral Service :- 2 passenger elevators- CCTV.- 24 hours security guard.- Car Park- All pets must be kept on a leash and under control at all times while in public area of Formosa Ratchayothin.
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 Formosa Ratchayotin you have to follow these steps:
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.