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If you're looking for a condo that offers the best of both worlds in style and convenience, then you're in luck - The Teak Ratchada 19 Condo is available for your perusal! Boasting a generous 31.68 sq. metres in size, this modern unit offers a single bedroom and bathroom so that you can live worry-free but with the best of your creature comforts. This fantastic building was recently completed in December 2022, located in the hub of Din Daeng, Bangkok, so you'll never have to worry about accessibility. The neighbourhood is well-loved by locals and boasts an abundance of parks and restaurants, alike.To make this unit even more desirable, it has been priced to sell; at just ฿165,882/sq. metre, this is an offer that you cannot resist. Don't delay - with a base price of ฿5,255,153, it's just waiting for you to take the plunge and make this your home! Enquire today to experience the very best of modern city living here in The Teak Ratchada 19. We look forward to welcoming you 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.