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2 bedroom 2 bath apartment next to BTS Wongwianyai for sale. The newly constructed building, Reference Sathorn Wongwianyai is ready to move in by the end of 2024. The apartment boasts 73 sqm in size on the 23rd floor with unblocked views, seeing the panoramic city of Bangkok, and comes fully furnished. The developer is from the top 3 in Thailand, SC Asset with featured amenities like fitness, yoga and pilates, sky lounge, and Foodland for groceries.
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 Reference Sathorn - Wongwianyai you have to follow these steps:
TQ Installment Milestone Payment Reservation Deposit Immediately £1,160 1st Installment Upon contract signing 5% 3rd Installment On handover 95% FQ Installment Milestone Payment Reservation Deposit Immediately £1,160 1st Installment Upon contract signing 20% 3rd Installment On handover 80%
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.