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Spacious Private Pool ApartmentSeaview Light, bright, modern design Built to order in 12 months This apartment is on the 2nd floor of a 2 story building with only 2 units.
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, you have to follow these steps:
All types Installment Milestone Payment Reservation Deposit Immediately 10% 1st Installment Upon Starting Work 25% 2nd Installment Upon Completion of Foundation 10% 3rd Installment Upon Completion of 1st Floor 10% 4th Installment Upon Completion of 2nd Floor 10% 5th Installment Upon Completion of Roof 10% 6th Installment Upon Completion of Floor & Ceiling 10% 7th Installment Upon Completion of Electric & Plumbing 5% 8th Installment Upon Installation of Windows & Kitchen 5% 9th Installment Upon Completion of Painting Work 3% 10th Installment On handover 3%
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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