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Situated in the always vibrant Din Daeng district of Bangkok lies The Teak Ratchada 19 project. Comprised of an incredible 31.73 square metres of functional space, this 1 bedroom, 1 bathroom condominium offers an attractive transaction-ready opportunity for those looking to move into the epicentre of popular Thai culture.Boasting an array of modern conveniences and fine comforts, the condo will leave you in awe with its luxury-inspired décor and fixtures. The fully furnished interior boasts timber flooring, a chic living area, stylish integrated appliances and many other modern amenities designed to please even the most discerning of tastes. The well-chosen balcony offers a stunning view of the surrounding dynasty and during sunset, you'll be rewarded with a picturesque blend of terracotta colours stretching out before you.The Teak Ratchada 19 provides the perfect retreat away from the hustle and bustle of the city. Facilities within the building include a stunning meeting room, a relaxing library, a stylish swimming pool, and a well-equipped onsite gym.This high-spec residence is ready for sale with a tempting base cost of ฿5,487,424 (฿172,941/SqM) – an undeniably attractive figure for those looking to gain foothold in the city of tomorrow. Don't miss out on this choice opportunity and enquire today!
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 Teak Ratchada 19 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿40,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.