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This modern 1 bedroom and 1 bathroom property, located within Bangkok's prestigious PITI SUKHUMVIT 101 project, is the perfect opportunity for a smart investor or homeowner. With an area of 46.18 SqM, this newly completed condo – delivered in June of 2022 - will provide the perfect base from which to explore the vibrancy of Bangkok.The property features inviting, natural tones designed to create a sense of relaxation from the moment you step inside. Beautiful ceramic tiles can be found throughout the living areas with carpeted flooring in the bedroom, providing a cozy atmosphere. The living room allows for ample natural light through the large windows and opens up to a fully-equipped kitchen. Sure to bring out the chef in any of us, the kitchen includes a gas stove, electric oven, microwave, and ample storage space included.The bedroom also provides access to the generously sized balcony, which provides stunning views over the surrounding area. The condo also includes a Steam Room, ideal to relax and unwind after a busy day.Available for a base price of ฿7,759,000 (฿168,016/SqM), this property really is an unbeatable opportunity. In an area surrounded by a wide variety of amenities and attractions, this property is sure to be in high demand. Make sure you enquire about this condo today, so as not to miss out on the chance to secure your perfect piece of Bangkok paradise.
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 PITI SUKHUMVIT 101 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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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