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This "Laguna Bay 1" condo is a perfect opportunity for anyone looking for a larger space for less, located in the beautiful Chon Buri province. There's plenty of room – 92 SqM of it. That's almost one full hectare! Plus there's 1 bedroom, 1 bathroom and built in 2013.It's yours for a great price - ฿4.3M or ฿46,739/SqM. In today's market, that's a bargain.So why wait? You can be the proud owner of this condo. Get in quick – these opportunities don't come around often. And don't forget to enquire today.
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 Laguna Bay 1 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 20% 2nd Installment Within 1 Months 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.
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