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This property is an exceptional investment opportunity located in the desirable The Teak Ratchada 19 project in Din Daeng, Bangkok. Boasting 35.63 SqM of living space, this exclusive condominium offers a spacious and modern abode with one bedroom and one bathroom, completed in December 2022.Those considering this remarkable property will relish the efficient design, with a thoughtfully-planned interior that maximizes the potential of the surrounding area. From the delightful balcony, you can admire the tranquil views and peaceful atmosphere of the locality.The Teak Ratchada 19 project is a popular, established development located in Bangkok's thriving city center. The building offers an extensive array of facilities, including a spectacular sky garden, rooftop swimming pool and professional grade gym, creating an envilably plush setting.Not to be missed, this property is presently available for immediate sale. A base price of ฿6,119,976 (฿171,765/SqM) offers a sensible purchase that provides an extremely good per-square-meter rate.This extraordinary condominium at The Teak Ratchada 19 project provides a plethora of modern comforts and is both a valuable investment and an ideal home in an extraordinary location. Coupled with the unbeatable price, this property is sure to prove popular and interest is not expected to linger for long. Therefore, we invite you to make an enquiry and secure a viewing of this rare opportunity without any hesitation.
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.