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Are you in search of the perfect city-center abode? Look no further than this one-bedroom condo in The Teak Ratchada 19 project! Clocking in at just shy of 36 square meters, this chic condo is the perfect size to fit the modern lifestyle. The creative buyer will be delighted by the vast potential this property brings. With all the essential amenities, such as a bedroom and full bathroom, the apartment is an ideal starting point for any renovation or renovation project. The building also boasts a range of impressive communal features such as a sky pool and fitness area, conveniently located on the top floor.For those looking for a savvy purchase, look no further: at ฿164,706 per squares meter, this condo offers exceptional value for money. Boasting completion in the latter half of 2022, the property offers buyers the perfect opportunity to purchase at a discounted price point and benefit from expected capital growth in the years to come.Invest in a chic, modern abode and make The Teak Ratchada 19 project your new home in Din Daeng, Bangkok! Contact us now for more information and to arrange a viewing of this stunning 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 Teak Ratchada 19 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿40,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.