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Situated in the heart of Thung Wat Don, Bangkok, this rooftop condo within the brand new Rhythm Sathorn project is a fantastic opportunity for discerning buyers. Completed in December 2015, the luxurious 38 sqm residence presents a wide variety of modern amenities, including a single bedroom, bathroom and kitchenette. Located in close proximity to a host of shopping, dining, and entertainment hotspots, this property is one of the city's peak residential offerings. Buyers will be seized with the chance to be part of a vibrant commune, surrounded by a melange of culture and excitement to enjoy. The interior of the property features chic furnishings that perfectly combine modern comfort with timeless aesthetic. Added features like air conditioning, warm and natural lighting are additional bonuses that greatly enhance the desirability of this property.
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 Rhythm Sathorn 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.