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Are you looking to purchase property in one of the most desired districts of Bangkok? Well, you're in luck! Now available for sale is this amazing condo, located at The Room Sukhumvit 38 project in Phra Khanong, Bangkok. This 45.16 SqM property is a savvy investment for any buyer, done up with one bedroom and one bathroom that was completed in March of 2020.For the tech savvy folks out there, it's worth noting that this apartment was carefully constructed using quality materials that meet the highest standards of energy efficiency. With its simple modern design, this property has all the bells and whistles you could ever want - from excellent air flow management to natural lighting and beyond.Plus, let's not forget the unbeatable price of ฿11,390,000 (฿252,214/SqM). We think that's a steal of a deal, especially considering the prime location of this condo and its proximity to some of the area's buzziest places.With all of these incredible features, why wait? Contact us today and make this amazing find yours. Don't miss out, this is your opportunity to become part of one of the most desirable districts of Bangkok!
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 The Room Sukhumvit 38 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.