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An opportunity like this one comes along but once in a blue moon! Embedded atop the prestigious Arunothai Condo project in Nong Prue, Chon Buri lies a luxurious 1 bedroom, 2 bathroom condo ready to awe with its alluring 59.18 SqM size. Built with a cutting-edge structure, superb design and lavish style that screams class, it comes as an affluent package with all the amenities one could wish for. And to think you can make this treasure yours with a justifiable base price of ฿4,430,000 (฿74,856/SqM). It could be the answer to all your housing aspirations, fashioning the perfect abode with its completion date of November 2016, so don't ponder any longer. Invest in this dandy and take a giant leap forward in the pursuit of your dreams!
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 Arunothai Condo 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.