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Are you looking for a modern, newly constructed condo in a thriving Bangkok neighborhood? Look no further than The Teak Ratchada19 in the energetic Din Daeng district. The sophisticated and modern construction has resulted in a luxury condo at an excellent price. Boasting 31.27 SqM, this 1 bedroom and 1 bathroom condo is now open for you to make it your own. High-end finishes and amenities are readily available with this unit. From hardwood floors to Euro-standard appliances, this condo exemplifies the best of modern condo living. You can even take a dip in the rooftop pool and indulge in a variety of on-site amenities such as fitness centers, lounges and cafes. You'll have access to transportation no matter where you have to go in the city, with Din Daeng MRTA and Ratchadaphisek MRT stations nearby. The Teak Ratchada19 offers unbeatable value for the modern city dweller. With a base price tag of ฿5,260,718 (฿168,235/SqM), you can be the proud new owner of this condo in the heart of Din Daeng. There's no need to pass up this once-in-a-lifetime opportunity - inquire now to make this luxury condo yours 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.