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Beautiful 2 bed near BTS Ratchatewi for sale with tenant until Sept 2024. BELOW MARKET PRICE! Fully furnished and price includes taxes and transfer fees. This is an unbeatable deal for the area, a great investment. Unit has 2 bedrooms each with their own bathroom and an open kitchen and living area in between. It is on a high floor, with an unblocked view of the heart of Bangkok. 300m to BTS Ratchatewi, which gives easy access to Siam Square, Paragon, MBK and all the best shopping destinations Bangkok has to offer.
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 Ideo Q Ratchathewi 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.