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Are you looking to be part of an exclusive club of condo owners? Teak Ratchada 19, located in the heart of Downtown Din Daeng, Bangkok, is the perfect option for discerning individuals wanting to get in on the action.This ultra modern 35.63 square meter condo is the epitome of living in the lap of luxury. The sleek and stylish 1 bedroom, 1 bathroom setup has been crafted with quality finishing, making it a must-see for anyone wanting to skip the usual quick-fix outcomes. No matter the time of day, this home will bring the brightness and feeling of accomplishment. Its chic design enables you to be the envy of the neighbourhood, all the while having a place to relax and unwind, in serene surroundings. The value proposition of this condo is clear to see. It's been thoughtfully priced at just ฿5,994,224 (฿168,235/SqM) and completed in December 2022, giving you ample time to design it as you see fit before moving in. Enjoy the perfect combination of city activity and the suburban jungles of Din Daeng, by becoming the proud owner of Teak Ratchada 19. Don't wait any longer, enquire today and become the envy of the neighbourhood!
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 Teak Ratchada 19 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £927 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.