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Are you looking for a condo that provides the perfect balance between style and affordability? Then look no further than this one-bedroom condo at The Rich Condo project in Nong Hoi, Chiang Mai. Completed in September 2015, this 34.50 SqM residence combines modern design with superior craftsmanship, giving you the highest quality living experience. From the spacious living area to the luxurious bedroom, this condo makes the perfect urban retreat.When it comes to practicality, The Rich Condo also offers plenty to shout about. Whether you're a busy professional or a growing family, this property provides plenty of room to spread out and relax. The entire property is packed with modern appliances – including an air-conditioner – for added convenience in the summer heat. On top of that, you have full access to the on-site swimming pool, basketball court, and children's play area, meaning your workouts and downtime will always be catered for.But that's not all! This condo is available for sale for a reasonable base price of ฿1,676,650 (฿48,599/SqM). If you're looking for a property with luxury as standard and a price tag to match, then this is the perfect place for you. Don't hesitate, enquire on this property today!
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 Rich Condo 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.