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This two-bedroom, two-bathroom 55.02 square metre condo is situated within The Lumpini 24 project in Khlong Tan, Bangkok and is now available for purchase. Constructed in March 2016, this well-maintained property is being offered for sale at a base price of ฿12,990,000 (฿236,096/SqM), making it an incredibly attractive investment opportunity. Alternatively, the condo is also available to rent long-term from ฿57,940 per month.The Lumpini 24 complex offers a safe and secure environment, with 24-hour security and CCTV coverage throughout the vicinity. Facilities provided to residents include a grand entrance, a luxury lobby, a salt-water swimming pool, a jacuzzi, a sauna, a fitness centre and a children's playground. There is also an air-conditioned multi-purpose room for when you fancy entertaining. Additional provisions include water heating, a hi-speed internet connection, car parking and a garden.This quality condo offers the perfect opportunity to invest either as a long-term residence or as a lucrative rental opportunity. If you are interested in finding out more about this outstanding condo, please don't hesitate to enquire at the earliest possible convenience. Don't miss out on this golden 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 at The Lumpini 24 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.