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On the hunt for something different? Then look no further and step right up - because 'The Teak Ratchada 19' project in Bangkok's historic Din Daeng district is here to offer you the opportunity to make your mark!This enchanting 31.73 SqM condo offers 1 bedroom and 1 bathroom that has been completed to the highest standard, and is now ready for its newest owner to call it home. With a jaw-dropping interior that stands as a testament to modern design and fine craftsmanship, it's sure to be a talking point amongst friends and family - and coming with a base price of ฿5,338,106 (฿168,235/SqM), it won't break the bank either!The Teak Ratchada 19 offers a unique sense of style and flair to its inhabitants, combined with a stunning setting and comprehensive amenities that elevate this prime property into a league of its own. A plethora of restaurants, cafes, and shops are on hand to make everyday life that much easier, while the nearby public transport links provide added convenience. With its modern facilities and quintessential location Coupled with its prestigious postcode, this brag-worthy pad is quite the catch - so snatch it up while you can! Don't miss out on your chance to experience luxury living with ease - enquire today!
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 £912 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.