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Whether you're looking for a long-term home or a savvy investment opportunity, you won't find a better deal than this! This fabulous 47 SqM condo is part of the prestigious Lofts Ekkamai project, an exclusive collection of apartments ideally situated in the vicinity of the iconic BTS Ekkamai station in Phra Khanong Nuea. Constructed in November 2017, the luxuriously appointed one bedroom, one bathroom abode on offer exudes contemporary elegance and sophistication. Offering exceptional value for money, this exclusive condominium can be yours for the modest price of 10,000,000 Baht (a modest 212,766 Baht per SqM!).
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 Lofts Ekkamai you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 5% 2nd Installment On handover 95%
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.