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This professionally-designed condominium unit is a must-have opportunity in the sought-after The Teak Sathorn-Lumpini project. Right in the prime location of Chong Nonsi, Bangkok, this one bedroom, one bathroom condo offers 31.72 sqm of living space in a recently completed building. Located close to several local amenities and entertainment, this property balances comfort and convenience for the ultimate modern lifestyle. An impressive array of high-quality finishes has been used throughout the open plan layout, providing it with a feeling of luxury and sophistication. Moreover, a bright, airy appeal amplifies the space, enhanced further by the abundance of natural daylight. The condo offers considerable value at a competitive base price of THB 5,187,153 or THB 163,529/sqm. This amount reflects a great investment portion given the potential of the highly sought-after location.For those desiring the perfect combination of luxury, convenience, and value in an unbeatable location, this condominium presents a unique and truly attractive opportunity. Don't miss out - enquire today to explore this extraordinary property opportunity.
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%.
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 The Teak Sathorn-Lumpini 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.