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If you're searching for a beautiful studio property to invest in or ideal for a place of your own, look no further! The convenient 42 SQM. studio condominium is now available for purchase in the highly sought-after President Place development in central Bangkok.The condo itself is in excellent condition and was newly-constructed in December 1999. Spanning across 42 SQM. with one bathroom, the property is accessible and great value,TMaking this unit even more appealing, the condominium is offered for long-term rentals. Having guaranteed rental income from this property makes it even more attractive to prospective buyers.Placed in the vibrant district of Lumphini close to all the necessary amenities such as supermarkets, schools, and banks, the condo is conveniently situated in the heart of the city. Commuting to other locations in the metropolitan area is made easy with the easily-accessible public transportation links located near the property.If you're looking for an affordable, idyllic property in Bangkok, this charming condominium at President Place is the perfect choice for you. Don't miss out on this fantastic opportunity sounding you. Call us today to enquire and find out more about this desirable condo.
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 President Place 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.