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This exquisite 34.50 square meter property situated in the vibrant Nong Hoi district of Chiang Mai, comes to the market as an exciting opportunity to acquire a modern piece of real estate in one of the city's most sought-after locations. Part of the lauded The Rich Condo Project, it offers a spacious one bedroom, one bathroom condominium, comprised of high quality materials and expertly crafted interior spaces.Completed in September of 2015, this fine property comes to you with potential for sophisticated remodeling and design that will allow it to be tailored to your specific desires. If you want to entertain guests in style, you will be able to create an innovative and efficient layout with contemporary furnishings that will foster a warm and cosmopolitan atmosphere. For its price of ฿1,711,150 (฿49,599/SqM), this is an incredible opportunity for those who want to buy into an exclusive development full of potential. At this price level, this condo is an investment that you can use to start something special. Whether you're looking to create a home of your own or something to high-end living space, this property can exceed your expectations with its attractive market value and strategic location. You can make your move today to secure this property and bring your unique vision to reality. Take the leap and make a statement with your world-class purchase: an opportunity to own a distinctive piece of real estate that is sure to impress your family and friends. With its premier market price, incredibly convenient location, and undeniable potential for individualized design, this is an investment not to be missed.
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.