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Stand proud, for this momentous piece of real-estate shall be the topic of entire conversations. Droning on and on without fail, this 1 bedroom and 1 bathroom Grand Florida condo has 36.15 SqM that is available for your purchasing pleasure. Located in Na Chom Thian, Chon Buri and constructed with glory and splendor in Dec 2020, this is a limited-time opportunity. The sole factor that stands between this awe-inspiring condo and your esteemed self is the bargain-basement price of ฿5,729,000 (฿158,479/SqM). Surmountable and oh-so-overcome-able, you can rest assured that this is an investment with the capacity of providing a healthy return. Nothing can compare to the moment that comes with the completion of a purchase. Fitting snugly into the grand scheme of your life, you'll be forever entranced with the decision you've made. Why deny yourself of such an opportunity? Make a sound decision and enquire about this incredible piece of real-estate - why wait a moment longer?
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 Grand Florida you have to follow these steps:
Thai Quota - 1 Bed Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 20% Down Payment Payable 6 months 5% 2nd Installment On completion 80% 2nd Installment On handover 80% Thai Quota - 2 Bed Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 20% 2nd Installment On handover 80% Thai Quota - Beachfront Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 20% 2nd Installment On handover 80% Foreign Quota - 1 Bed Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 35% 2nd Installment On completion 65% Foreign Quota - 2 Bed Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 35% 2nd Installment On handover 65% Foreign Quota - Beachfront Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 25% 2nd Installment On handover 65%
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.