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Welcome Guise! If you're on the prowl for a sweet deal, look no further! This exceptional 44.85 SqM condo with a bedroom and bathroom, part of The Room Sukhumvit 38 project, is available for sale! Located in the vibrant metropolis of Phra Khanong, Bangkok, prospective owners need not worry about the quality of this dynamic structure as it was freshly finished in March of 2020. The star of the show, however, is the cost! With a base price of only ฿11,390,000, that comes to a mouthwatering ฿253,958/SqM. Yowza! Who says you can't have your cake and eat it too? In addition to a delicious price tag, owners will have access to the entire pallet of facilities and amenities that The Room Sukhumvit 38 has to offer. So, what is it that we have with this property? First, a one bedroom condo with a single bathroom and a total size of 44.85 SqM. Second, a newly constructed structure positioned within Bangkok's vibrant Phra Khanong. Third, a jaw dropping cost of ฿253,958/SqM. What else could one ask for? Enquire now and get ready to enjoy the creature comforts of Phra Khanong and its many attractions!
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 Room Sukhumvit 38 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.