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This 2 bedroom and 2 bathroom condo, located in the soon-to-be-completed Cloud Residences SKV23 project in Khlong Toei Nuea, Bangkok is an ideal investment opportunity that should not be missed. With an impressive total area of 60.50 SqM, prospective buyers will benefit from spacious living spaces and modern amenities.What also makes this property stand out is its price point. Buyers can purchase it for a base price of ฿16,211,087 (฿267,952/SqM), which is an incredibly competitive rate for such a generously-sized condo.This high-end condo is expected to be completed by June 2024, meaning buyers can enjoy a contemporary living space with a luxury finish that is sure to be the envy of all their neighbours.Cloud Residences SKV23 is already becoming a desirable living location in Bangkok, as it is situated close to major amenities such as award-winning restaurants, cafes and shopping outlets. The development also provides access to excellent transport links to the heart of the city and beyond, meaning that buyers can easily remain connected to their favourite spots.This listing provides the perfect option for buyers to acquire a luxury-standard property that won't break the bank. Therefore, to gain further insight into this condo, prospective buyers must enquire with the property agents to ensure they don't miss out on this exciting opportunity.
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, you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 30% Transfer Jan 2024 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.