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This well-located unit at Trapezo Sukhumvit 16 sits in one of Bangkok’s prime CBD (Central Business District) areas, surrounded by major business hubs, offices, embassies, and lifestyle destinations. Located on the 3rd floor, the condo offers 44 sqm of indoor living space with pleasant city and garden views, creating a calm living environment within the city center
Key Highlights
The unit includes a balcony and essential appliances, making it suitable for both owner-occupiers and investors. With a 7-minute walk to Queen Sirikit National Convention Centre MRT, residents enjoy excellent connectivity to Asoke, Sukhumvit, Sathorn, and Rama 4, key CBD corridors of Bangkok. A recent price reduction of 300,000 THB makes this property a strong value option in a high-demand CBD location.
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 Trapezo Sukhumvit 16 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.