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Condominium for sale in Bangkok- Asoke. Unique piece of property in the heart of Sukhumvit-Asoke area, a mere 200 m from the Petchaburi MRT station, 700m from the Makkasan Airport Link station & 1.2km from the nearest mall, Terminal 21. Easy access to shopping department stores, international schools, hospitals, and restaurants. The building facilities comprise of swimming pool, fitness, car parking and 24-hour security.The condo is 74 sqm with 2 bedrooms and 1 bathroom - selling unfurnished - allowing you to decorate the room the way you want. Located on a high floor, with an unobstructed view out over Watthana, Phrom Pong and Thong Lo.
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 Lofts Asoke you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £2,290 Deposit Upon contract signing 10% 1st Installment On handover 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.