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The Arcadia Millennium Tower The 45 stories iconic high tower will be located in the heart of Pattaya set on third-road, one of Pattaya’s most sought after area’s. From this ideal location it will be just a few minutes walk to all the popular streets such as Soi Buakhao, Walking Street and all the famous Shopping malls like Central Festival and restaurants near and around Pattaya’s Beach Road. Investor Opportunity: The 45 stories iconic high tower will be located in the heart of Pattaya set on third-road, one of Pattaya’s most sought after area’s. From this ideal location it will be just a few minutes walk to all the popular streets such as Soi Buakhao, Walking Street and all the famous Shopping malls like Central Festival and restaurants near and around Pattaya’s Beach Road.
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 Arcadia Millennium Tower you have to follow these steps:
1BR Installment Milestone Payment Reservation Deposit Immediately ฿20,000 1st Installment On handover 100% 2BR Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st 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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