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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 Su Condo you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿5,000 1st Installment Upon contract signing ฿40,000 2nd Installment Down payment ฿10,000 3rd Installment On handover 100% Installment Milestone Payment Reservation Deposit Immediately ฿100,000 Down Payment Upon contract signing 30% 2nd Installment Structure Completed 30% 3rd Installment On handover 40%
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.
Su Condo is conveniently located just 440 m from 7-11 Chiang Mai Branch 89, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of Su Condo, the 3 closest being:
- Karat Diamond Mall is 410 m away (about 5 mins. by foot)
- Chiang Mai 89 Plaza - Chiang Mai 89 Plaza is 440 m away (about 5 mins. by foot)
- Chiangmai P&T is 640 m away (about 8 mins. by foot)
The surrounding area, where Su Condo is situated, offers a wide variety of restaurants. See the closest of them below:
- Go Tui's Kitchen is 280 m away (a walk of about 3 mins.)
- Larb Ton Pho is 190 m away (a walk of about 2 mins.)
- Mala Maloon is 410 m away (a walk of about 5 mins.)
Omron Service Center is the nearest health facility, which is 320 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of Su Condo are:
- Blockchain is 370 m away (about 5 mins. by foot)
- Japanese house is 420 m away (about 5 mins. by foot)
- ฺ JapaneHouse Japanese House is 440 m away (about 5 mins. by foot)
Chiang Mai International Airport is located 11.6 km from Su Condo and it takes about 17 mins. by car or taxi (depending on the traffic) to get there.