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Peering out from atop Peaks Avenue is one stunning condo for sale. Measuring 71.64 square meters and boasting one bedroom and one bathroom, this ethereal abode is as stylish as it is convenient. A mere manifestation of modernity and luxury, this east-meets-west perfection is ready to call your name.Positioned in the ever-thriving Chang Khlan neighborhood of Chiang Mai, this condo is just one piece of the larger Peaks Avenue project, which was completed in December 2015.Once you step inside, you'll soon understand why this captivating condo is so widely coveted by those in the know. Every detail has been designed and implemented to create an inviting atmosphere of luxury and comfort – a place you can be proud of and call your own.The thoughtfully crafted kitchen and cozy bathroom are just the cherry on top of an already-delectable set up.And all this can be yours for a base price of ฿7,500,000 (that comes to ฿104,690 per square meter).If this sounds like the perfect fit for you, then don't waist another minute in making the enquiry of a lifetime!
Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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 Peaks Avenue you have to follow these steps:
Payment Plan Installment Milestone Payment Reservation Deposit Immediately 10% 1st Installment Upon contract signing 40% 2nd Installment On handover 50%
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.
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