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Nestled on the banks of the iconic Chao Phraya River lies this serene and picturesque two-bedroom condo that is sure to offer an exquisite living experience. This 80-square-meter property within The River by Raimon Land development in Khlong Toei, Bangkok, provides its occupant with all the modern amenities expected of high-end condominiums. Completed in December 2009 and available for sale at a base price of ฿18,000,000 (฿225,000/SqM), this king-size dwelling, accompanied by its classic Thai-style design, offers more than just your run-of-the-mill living space. The open-plan living area, decorated with bespoke furnishings and fine finishing, is a great spot for social gatherings, and can easily be transformed into your own personal restaurant if you feel like eating at home. In the evenings, you can relax in the soothing balcony and take in some of the city's breathtaking sunsets, which can be seen from up high. At the heart of the condo lies the two spacious bedrooms, each of which includes a generous en-suite and stunning views of the river. Your guests, meanwhile, will be delighted by the convenience and amenities of their own hotel-style retreat.If you're looking for a long-term option, you won't have to look far. To ease the burden, this condo is also available for rentals starting from just ฿55,000 per month. So, if you're in search of elegance, serenity and convenience, this is the home for you. Make sure to enquire on this property for an opportunity to experience a luxurious and relaxed lifestyle.
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 River by Raimon Land you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿300,000 1st Installment Upon contract signing 15% 2nd Installment Selling price over 3months 15% 3rd Installment On handover 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.