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It's time to forget the days of paying too much for cramped and aging condos: there's a fabulous, new opportunity on the market! Introducing this two bedroom, two bathroom condo available in the XT Phayathai project at Thanon Phaya Thai, Bangkok. This 46.50 SqM beauty is newly-built, having been completed in August 2022, so you know you're getting the full value you deserve. And when it comes to value, the base price of ฿17,135,000 (฿368,495/ SqM) is unbeatable. But it's not just a great price – this condo offers so much more. It is situated in a fantastic area full of modern convenience, so getting to work, shopping, and exploring couldn't be easier. What's more, the building is packed full of features, such as a concierge, a stunning infinity pool, fitness center, and co-working spaces. Not to mention all sorts of shops and restaurants just steps away. If you're looking for a condo full of style, convenience, and value, then this is the perfect property! You only need to take one look to understand what a great opportunity this is. Don't wait any longer – enquire now to find out more!
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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