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This is an amazing opportunity for savvy investors looking to purchase a well-located, brand-new condo in the booming city Nong Pa Khrang, Chiang Mai! This 51.52 SqM pad is part of the renowned The Treasure project, completed in December 2017. Beneath its stylish limestone siding, this condo is complete with one bedroom and one bathroom. With a price tag of ฿3,812,480 (฿74,000/SqM,) this condo is both affordable and functional. The beautiful floor plan boasts an array of amenities, including air-conditioning, modern appliances, and built-in storage. Outdoors, the condo looks out onto a lovely view of Nong Pa Khrang landmarks. Residents and visitors to the The Treasure project can easily access the many public transportation routes within walking distance of the property, making it the ideal place for busy individuals who prefer an urban lifestyle or families. With convenient access to nearby locales such as shopping, dining, and entertainment, this condo provides the perfect combination of convenience and comfort for those looking for a piece of paradise in the city. Whether you're looking to buy a property as an investment or residence, this one bedroom condo is sure to impress. Catch this hot opportunity while it's still available – enquire today!
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 Treasure you have to follow these steps:
Type - 1 Bedroom Installment Milestone Payment Reservation Deposit Immediately ฿10,000 1st Installment Upon contract signing ฿50,000 2nd Installment On handover 100% Type - 2 Bedroom Installment Milestone Payment Reservation Deposit Immediately ฿10,000 1st Installment Upon contract signing ฿100,000 2nd Installment On handover 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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