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Welcome to Park Origin Phrom Phong, the perfect place to begin your foray into Bangkok real estate. This one-bedroom, one-bathroom condominium offers 29.74 SqM of indoor living space that's ready to be transformed into your dream home.Positioned in the heart of Khlong Tan, this exclusive development features modern appeal and premium amenities. Completed in December of 2022, the property is on sale for a base price of ฿5,700,000 (฿191,661/SqM) – a steal for any savvy investor!Imagine waking in the morning to the peaceful soundtrack of the Bangkok skyline. Enjoy a steaming hot cup of coffee on your balcony or visit the gorgeous pool, equipped with luxury sunbathing areas. No matter what you fancy, Park Origin Phrom Phong has everything you need in one convenient package.This incredible opportunity can also be leveraged to secure consistent rental income. With its enviable record of hard-earned business success, the development's long-term rental starting price of ฿22,000 per month won't stay around for long.So why wait? Inquire now while the time is right and make the first step to edging closer to your dream real estate investment come true.
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 £2,280 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.