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Recently renovated and fully furnished one-bedroom condo for sale by the owner, situated in the prime area of Bangkok. Just a 3-minute walk to BTS Ratchatewi (one stop from BTS Siam) or a 6-minute walk to the Airport link (direct train to Suwanaphumi Airport). Ideal for city lives or as an investment for rental income and capital gain. This excellent location is in the heart of Bangkok's CBD, with high-end shopping malls, restaurants, universities, and cafes within walking distance. Key Features: Electrical wiring and plumbing systems upgraded. Complete set of furniture as shown in the pictures. Digital door lock with fingerprint scan and mobile application control, Smart curtains, Touchscreen mirror, Stylish wall-hung toilet with a concealed water tank, Rain shower, Franke induction cooker, Two-meter closet with soft close, CCTV within the living room, Two air conditioners, Parking space Foreigner quota, Pet-friendly environment.
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 Ratchathewi Tower 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.