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Condo for Sale – Lumpini Wongamat
A great investment opportunity with an existing tenant, ideal for buyers seeking immediate rental income in the Wongamat area of Pattaya.
Lumpini Wongamat Condo
Investment Highlights
Currently rented for THB 8,000/month
Lease expires around March 2027
Property Details
1 Bedroom
1 Bathroom
Living Room
Kitchen
26 sq.m.
6th Floor, Building B
Fully furnished
Thai ownership, with potential transfer to foreign quota if available
Transfer Fees
Transfer fee, taxes, and other transfer expenses to be shared 50:50 between buyer and seller.
Perfect for investors looking for immediate rental income or buyers seeking a well-located condo in Wongamat, Pattaya.
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 Lumpini Ville Naklua - Wongamat you have to follow these steps:
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.