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Welcome to The Rich Condo! This exquisite property offers a unique opportunity to become part of an exclusive luxurious residential area in the wonderful city of Chiang Mai. Stylishly designed and tastefully crafted, the 34.50sqm condo boasts a sophisticated living space complete with sumptuous décor and 1 bedroom and 1 bathroom. Functional yet inviting, this condo offers a unique blend of comfort and convenience for all its lucky inhabitants.The Rich Condo project, located in Nong Hoi, Chiang Mai is one of the city's premier residential areas, allowing access to the city's many attractions. With all the amenities of the nearby city center, this condo offers a discerning urban lifestyle without compromising on comfort, relaxation, and convenience.This sparkling condo is fully equipped with all facilities essential to living, while the neat layout and tasteful furnishing make it an ideal choice for self-utilization or rental.For those looking for a good investment, this condo is an ideal option as it was completed in Sep 2015 and is available for sale at an extremely attractive base price of ฿1,652,500 (฿47,899/SqM).Come experience the city's exhilarating vibrancy and be part of one of the most distinguished addresses in Chiang Mai. The Rich Condo is a rare opportunity to create a luxurious lifestyle from the comfort of a stylish, sophisticated, and spacious property.
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 The Rich 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.