Nong Prue, Pattaya, Chon Buri
Communal Pool
Jacuzzi
Communal Gym
24H Security
CCTV (Video Surveillance)
Car Parking
Reception / Lobby Area
Communal Garden Area
Back Up Generators
Key card access
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 Royal 3 you have to follow these steps:
Foreign Ownership Installment Milestone Payment Reservation Deposit Immediately £1,130 1st Installment Upon contract signing 30% 2nd Installment 1 months after contract signing 70% Thai or Company Ownership Installment Milestone Payment Reservation Deposit Immediately £1,130 1st Installment Upon contract signing 15% 2nd Installment 1 months after contract signing 85%
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.
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