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Harken now to this, noble buyers of Sathorn, who know that excellent value stems from a mixture of quality and context. This luxurious 116.44-sqm condo offers exactly that. Formidable features of this property include two mighty bedrooms, two royal bathrooms and a unique opportunity: to join the coveted community of the Sathorn Heritage project. Situated in the vibrant area of Thung Wat Don, Bangkok, completing in December 2008, a purchase here will have your peers quaking in admiration. But sure, it all boils down to price – and here, you'll discover tremendous value. At 140,000 THB per sqm and a base price of 16,301,600 THB, you'll be hard-pressed to find a better deal in all of Thailand! What are you waiting for? Don't delay – inquire about this property 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 Sathorn Prime Residence you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £4,520 1st Installment Upon contract signing 10% 2nd Installment The rest of payment within 1 month 90%
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.