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Developer High Floor, Garden View, Private Terrace — VVIP Price•2 Bedrooms, 1 Bathroom — 57 sq.m Hybrid Unit(Lower floor 32.5 sq.m + Upper floor 24.5 sq.m)•23rd Floor (out of 29 residential floors)Highlights•Prime location: walking distance to Lumpini Park, Chulalongkorn Hospital, and Chulalongkorn University•Excellent connectivity: 290m to BTS Sala Daeng and 350m to MRT Sam Yan•Rare 2-bedroom layout positioned next to the floor garden — easy access yet fully private•23rd floor height is equivalent to 30+ floors at Ashton Chula–Silom, offering a panoramic view of RBSC and Lumpini Park•Flexible layout: both bedrooms are spacious — ideal for a couple, or convert one room into a home office•Best price in the Sala Daeng area (nearby Dusit Central Park averages 400,000 THB/sq.m)
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 Culture Chula you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 10% 2nd Installment 60 days from booking date 15% 3rd Installment On handover 75% 25:75 Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 25% 2nd Installment On handover 75%
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.