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Two units next to each oUnit A at 112,5sqm: Luxury Corner Unit in the heart of Bangkok, often referred to as the best Street in Central Bangkok, to buy now; this unit is rented right now for another 2.5 years year at 10% yield(!) Unit B at 67sqm: available right now. Recently renovated. Nice balcony with Lumpini Park and Skyline view. Both units are: - Completely furnished incl. a brand new Electrolux full oven in unit A, and great, fitted built-ins by designer - Beautiful city views into Bangkok's green Lumpini Park and the Royal Bangkok Sports Club's inner city golf court. - Walking distances to Lumpini Park, the Central Business District and Golden Mile shopping centers along Ploenchit/Rama I Road - The very best location in Bangkok, 80m to the Rachadamri BTS station, one stop to Siam and one stop to Sala Daeng (Silom). Only a few walking minutes to Chitlom BTS too. - Large swimming pool and gym plus squash court and a steam room on 5th floor - Great maintenance Team and Building Management. As well as 24/7 security - 2 convenient non-fixed parking spaces come with the units - Many nice restaurants and coffee shops are nearby - 1 min walk to BTS Rachadamri and 7 min walking distance to BTS station Chidlom - Walking distance to Central Chidlom/Central Embassy/Siam Paragon - 1 min walking distance to five-star hotels such as St Regis, Anantara Siam, Hyatt Erawan Bangkok and the Waldorf Astoria - 5 min walking distance to Lumpini Park and Supermarkets with many western brands and organic produce too - Near major offices and embassies on Silom, Sathorn Road, Wireless Road, and Chidlom Road. - For investors: Great returns on asking price! Both units are next to each other and could be combined and make a huge family home with up to 5 bedrooms.
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 Rajdamri 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.