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This is your ticket to a truly grandiose abode! Set in the lofty Grand Condotel project and finished off in 1988, this timeless 300 SqM residence offers you 5 bedrooms and 4 bathrooms of modern luxury. This house could definitely accommodate anyone's wants and needs. You can move in knowing the property has been given tender loving care over the years. So, are you ready to take your first step into a new lifestyle? Or maybe you're ready to invest in a new and magnificent spot? Either way, this property is the one for you. Don't miss out on this grand opportunity and enquire now!
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Grand 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.