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Be the envy of all your colleagues with this magnificent 49.75 SqM condo in Bangkok! This palatial property is part of the world-renowned XT Phayathai project, situated in the prestigious Thanon Phaya Thai locale.One blessed with occupancy of this impeccable residence will enjoy the many benefits of a single bedroom and bathroom. Not to mention the exceptional finish and materials used throughout the property. All this can be yours with a mere ฿8,988,000 (equivalent to ฿180,663/SqM); proving to be an increasingly rare opportunity in this cultural metropolis.The exceptional timeline of completion allows for a rapid move-in for those looking for an immediate establishment. There can be no doubt that potential buyers of this majestic condo will experience excesses the likes of which no other property can provide. Enquire now to discuss this asset of utmost value!
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 XT Phayathai you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70% Installment Milestone Payment Reservation Deposit Immediately ฿200,000 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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