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Are you looking for an incredible investment opportunity in Chiang Mai? Look no further because this Vina Town Condo is the hookup you've been searching for! At an unbeatable base price of ฿2,928,000, this condo offers epic value for what you get – measuring in at a whopping 36.60 SqM and boasting 1 cushy bedroom and 1 spiffy bathroom for you get to live in comfortably. Located in a central spot at the heart of Pa Daet, this has all the perks of being in the action while being able to retreat and relax when it's time to hit the sack. And it's not just the space and location you'll love – this condo was completed yesterday, in December 2015! You won't need to worry about any structural or design problems with this baby and you can be sure the price of ฿80,000 per SqM is a total steal. What's not to love? Put in your offer now and be living in Vina Town just in time for the New Year!
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 Vina Town Condo 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.