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Are you ready to take your real estate portfolio of the glory zone? If you don't wanna be left out of the hottest investment opportunities on the market, then act fast to snatch up this ready-to-go condo before someone else gets their hands on it! This hot off the presses unit gives you 36.60 SqM of pure real estate gold to add to your portfolio – meaning a big payday awaits!Located in Chiang Mai's vibrant Si Phum, this one-bedroom, one-bathroom gig's got what it takes to make a savvy investor a healthy ROI. And did we mention that the seller's asking price is ฿3,158,580? That breaks down to ฿86,300 per SqM, which is a waaaaay good deal for something as new and shiny as this.At the Glory Condominium Chiang Mai project, you'll get all the amenities you need to make the most of this condo. Enjoy the sporting centers, landscaped gardens and picture-perfect greenery – plus the added bonus of 24 hour security!Whether you're a seasoned real estate pro or just getting your feet wet, this condo won't disappoint. Dare to say no to the blah blah blah of the same-old-same-old – you deserve it, and you deserve the best. This is truly the business base for the successful property mogul of tomorrow, and the best part? It's available now. Go big, get in on the ground floor, and enjoy the glorious condo life. Your real estate portfolio will thank you!
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 Glory Condominium Chiang Mai you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 Down Payment During Construction 30% 3rd Installment Balance Payment 65% 4th Installment On handover 5%
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.