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Grand Avenue is a condo development located in Pattaya City, Pattaya, Thailand. It is 1.1km from the beach with 788 condo units across 8 floors scheduled for completion in October of 2017. It is hotel-managed and features an on-site restaurant, a swimming pool, a communal jacuzzi, a fitness center, a bar, 24-hour security, CCTV, a reception/lobby area, a kids' club, car parking, a spa, a steam room, a sauna.
The condominium will occupy over 12000 SQM of land and will house 6 individual buildings in a courtyard set up with one huge communal swimming pool, with Jacuzzis, waterfalls, mini water park with slides and chill out zones. Pool bars and ponds will complete the area.
Each building will also have its own roof gardens, complete with a Yoga Pavilion, fitness area, running track and mini golf, and will offer amazing views of Pattaya city, and distant vistas of the ocean and surrounding tropical islands. Parking will be underground and monitored by patrolling security and CCTV.
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 Grand Avenue Residence you have to follow these steps:
Installment Milestone Payment 1st Installment Deposit ฿100,000 2nd Installment 30 days after contract signing 100%
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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