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This budget guesthouse with parking spaces is located in the commercial Yen Sabai area on hardly 250 meters from Walking Street and within walking distance to Central Festival Pattaya Beach, Hard Rock Cafe, Outlet Mall Pattaya. The business is over 3 shop houses with a reception plus bar/restaurant at the ground floor. The 24 large rooms are all fully equipped and furnished, renovated, safe loks to every room, television, writing desk, fully air conditioned, refrigerators, En-suite, daily house cleaning, CCTV monitors, provide breakfast facilities and a bar. The contract is for a period of 6 years with a key money of 1,450,000.00 THB and a rent of only 90,000.00 THB per month. This property is also for sale for 26,000,000.00 THB with a serious discount for fast buyers. The owner not wants to be approached for this rental so please contact us for rent or sale.
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 Yensabai Condotel you have to follow these steps:
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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