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The Celes Asoke project, located in the vibrant heart of Khlong Toei Nuea, Bangkok, is home to an incomparable property that offers its valued tenants a veritable feast for the eyes. What more could one ask for than a safe haven of 86 SqM that boasts two luxurious bedrooms and two lavish bathrooms? What makes this alluring condo especially interesting is that it was completed mere months ago in April 2020. Perhaps the greatest surprise of all, though, is that you can also choose to rent it out long-term. This bargain is truly an offer too good to pass up; a statement of luxury and comfort just waiting to be enjoined by those daring enough to make their mark, who can witness and experience the glorious scenery of the alluring city of Bangkok. You probably now realize what a remarkable opportunity this condo in Celes Asoke presents and why it demands your immediate attention. So why not take a step in the right direction and enquire on this property? You'd be inconceivably remiss to deprive yourself of such an exquisite and unique chance.
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 Celes Asoke you have to follow these steps:
1BR Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 5% 2nd Installment On handover 95% 2BR Installment Milestone Payment Reservation Deposit Immediately ฿200,000 1st Installment Upon contract signing 5% 2nd Installment On handover 95%
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.