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This studio condo situated within Diamond Suites Resort Condominium is certainly an opportunity worth considering. Offering 40 SqM of space, along with one bathroom, this condo is a great option for those looking for a permanent residence or for investors seeking a solid income.Completed in 2013, the property is situated in the rapidly-growing area of Nong Prue, Chon Buri. With a purchase price of ฿2,100,000 (฿52,500/SqM), which can be easily covered by long term rentals at ฿12,000 per month, it is an ideal opportunity for anyone looking to buy a property in this area.This studio condo has all the luxuries one needs, including easy access to local shopping, restaurants and entertainment areas. With excellent transport links in the area, you can explore the region with ease. Located in a secure, gated community, the amenities on offer are unbeatable. These include a large swimming pool, fully-equipped fitness center and Children's Play Area, all kept in perfect condition.This studio condo provides the perfect investment opportunity within this upcoming area. With an attractive base price and great long term rental options, it's definitely worth considering. If you are looking for a stress-free lifestyle in this developing part of Thailand, then this property couldn't be more perfect. At ฿2,100,000, this studio condo is perfect for those looking for a permanent residence or a great rental investment. Don't wait to enquire and secure your piece of property in this growing area.
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 Diamond Suites Resort Condominium 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.