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This property offers flexible payment options that can make buying easier.
Described as a tranquil sanctuary of modernity and sophistication, this exquisite condo situated in the prestigious The Line Sukhumvit 71, Bangkok is an ideal investment that needs to be seriously considered. Completed in December 2015 with modern amenities, this abode exudes contemporary opulence, promising a lifestyle of comfort and convenience.Through its neutral-hued walls, terracotta flooring, and well-crafted furnishings, the interior of the abode boasts a warm ambiance that will immediately soothe you upon entry. Its modern kitchen features sleek timber cabinets, beneath which lies high-end appliances allowing easy-preparing of meals. Then, you will be guided to the bedroom adorned with plush carpets and a serene charm. Not to mention, the bathroom comes with a rainfall shower and a vast countertop, ensuring an all-inclusive bathing experience.
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%.
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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 The Line Sukhumvit 71 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.