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"Are you in the market for a cozy abode, one that is quite unlike any other? Look no further than this 48.09 SqM condo, available for sale in the highly sought-after Reserve Sukhumvit 61 project in the Khlong Tan Nuea district of Bangkok. Completed in April 2020, its two-bedroom, one-bathroom construction offers a unique and subtly sophisticated living experience unlike its humdrum competitors elsewhere. A base price of ฿11,990,000, or ฿249,324 for each SqM, ensures a fantastic value for its residents.So why not take a step up and enter a realm of clear superiority in the realm of property markets? The Reserve Sukhumvit 61 offers both exceptional construction quality and a well-deserved sense of exclusivity, a combination that is difficult to rival. Moreover, the two bedrooms and one bathroom of this 48.09 SqM condo ensure a comfortable atmosphere for roommates or guests, without compromising one's personal sense of privacy.In sum, this condo is an ideal choice for anyone looking to secure a unique, sophisticated residence in one of Bangkok's finest neighbourhoods. Enquire now to take advantage of this remarkable offer that is far too unique and lucrative to pass up."
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 Reserve Sukhumvit 61 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing ฿100,000 2nd Installment On handover 100%
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.