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Pet friendly condo, ready to move in, near MRT Lumpini, potential location, only 5 minutes to business district, Sathorn, Silom. Fully furnished, including air conditioner, water heater, electric stove with cooker hob/hood, microwave, refrigerator, stand shower. Featuring full facilities, including Swimming Pool, Fitness Centre, co-working space, lounge, Laundry service, steam and sauna, gardens and recreation area, rooftop facilities, CCTV and 24-hour security guards.
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 Maestro 01 Sathorn-Yenakat you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £463 1st Installment Upon contract signing £694 2nd Installment On handover 100%
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.