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This property is an exquisite opportunity to own a condo in a prime location. A 44.45 SqM condo with 1 bedroom and 1 bathroom is now available for sale in the The Room Sukhumvit 38 project in Phra Khanong, Bangkok. It was completed in Mar 2020 and is a great opportunity for those seeking an urban gem in a vibrant city. The Room Sukhumvit 38 is a luxurious condominium of 42 storeys and more than 254 units in total. The condominium has many exclusive facilities that can offer owners of the building a luxurious style of living. These include a swimming pool, fitness center and parking space. Plus, the onsite management team provides excellent services and the facilities are regularly maintained and upgraded.The one bedroom condo offers a comfortably completed interior - the bedroom has beautiful wood floors and high ceilings and the bathroom is modern. The open plan lounge and dining area exist with easy access to a spacious terrace that comes with breathtaking city views.The condo is priced to sell at ฿11,290,000 (฿253,993/SqM). This price is very competitive and a great opportunity for investors and homeowners alike. The Room Sukhumvit 38 condo is in a desirable neighbourhood, with all the amenities and lifestyle offerings for modern urban dwellers. For further information about this property and to view it for yourself, do not hesitate to enquire.
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 The Room Sukhumvit 38 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.
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