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This is the perfect property for your luxurious lifestyle. The condo, interspersed with 2 bedrooms and 2 bathrooms, is situated in the XT Phayathai project in Thanon Phaya Thai, Bangkok and was constructed in Aug 2022. The total area is 101 SqM, allowing you to make the best use of the space. And at an unbeatable price of ฿15,212,000 (฿150,614/SqM), the beauty of this property speaks for itself. The project provides ample of amenities such as multi-purpose room, swimming pool, fitness corner, CCTV and 24 hour security to ensure you enjoy a 24/7 comfort. So don't wait any further, this is a once in a lifetime opportunity to purchase this magnificent home. Enquire now.
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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