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The Riviera Wongamat is a condo and apartment project located in Na Kluea, Pattaya and was completed in May 2017. It has 979 units across 43 floors and was developed by The Riviera Group, who is also behind The Riviera Malibu, The Riviera Ocean Drive and The Riviera Monaco. About The Riviera Wongamat The Riviera Wongamat, a 5-star luxury condominium with a beautiful and identical design focusing on delivering an extraordinary experience to the residents. Over 95 percent of residential units can enjoy a beautiful panoramic view of the Koh Lam directly on the best location of Pattaya in the Wong Amat area. Easy travel on North Pattaya Road in 2 minutes to Wong Amat Beach. The property won 'The Best Condo Development' award from Eastern Seaboard in 2016, 2017, and 2018.
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 Riviera Wongamat you have to follow these steps:
2 BR Payment Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment On handover 100% STU & 1BR Payment Installment Milestone Payment Reservation Deposit Immediately ฿50,000 3rd Installment On handover 100%
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.