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This newly renovated one-bedroom-slash-one-bathroom condo is the perfect opportunity to get your hands on hot property in one of the most sought-after areas in Chiang Mai. Talk about bang for buck - this awesome 39 square meter oasis is going for a cool 3,071,016 baht and that works out to a tiny 78,744 baht per square meter. That's right, you heard it here first - someone's gonna score an absolute bargain.The V Twin Donjan project is conveniently located in Tha Sala, a precinct that has been experiencing major growth and is rapidly set to become an up-and-coming hotspot. And talk about timing – with completion in April 2014, this is one of the brand-new babies on the block.Whether you are a single person looking for a sleek pad or an investor looking for a great return on your investment, this charming piece of real estate could be exactly what you are after. Ready to move in and hassle-free living come as part of the package.Don't miss out on this amazing opportunity. 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 V Twin Donjan you have to follow these steps:
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.