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This 33.48 SqM condo is a luminescent property, situated in the highly sought-after The Teak Ratchada 19 project in Din Daeng, Bangkok. Completed in December 2022, this opulent residence features a generous one bedroom and one bathroom layout. An illustrious investment, this condo features world-class design and craftsmanship, with an idyllic combination of calming neutrals and attractive textures.The grandeur of this condo can be seen everywhere, from the tastefully appointed interior to the sumptuous outdoor area that awaits. Residents can indulge in elegant fixtures and fittings including chic marble flooring and spacious built-in wardrobes. Entertaining is made easy with a state-of-the-art kitchen and spacious living area with uninterrupted outlooks.Take advantage of this superb opportunity to leverage into this desirable location, with the condo being offered for sale at a highly competitive base price of ฿5,356,800 (฿160,000/SqM).This elegant abode offers an attractive proposition for savvy investors or city pleasers alike, boasting an array of inspired amenities nearby. Enjoy extensive café and dining options and nearby shopping malls, in addition to convenient access to the city's public transport.Seamlessly blending function with style, this 33.48 SqM condo is an ideal acquisition for the savvy investor. With exclusive finishes and outlined luxuries, this property is a grand opportunity and should be enquired on soon.
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.