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This 74 SqM condo offers an opportunity to acquire an upscale asset in a prestigious location. Located in Tha Sala, Chiang Mai, this condo is part of the esteemed V Twin Donjan project, which was completed in April 2014. With two bedrooms and two bathrooms, this property offers adequate accommodation for individuals and couples alike. The attractive base price of ฿76,021/SqM is unquestionably of sound value and should be considered an attractive proposition. An opportunity of such caliber should not be missed, so consider it and enquire without delay.
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 V Twin Donjan 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.