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Introducing the perfect opportunity for buyers to capitalise on Bangkok's property market! This 2-bedroom, 1-bathroom condo located in the Waterford Park Rama 4 project in Phra Khanong offers an area of 72 square metres to work with. What an incredible offer!The property was completed in December 1999, and it's in a great location. Easily accessible, close to plenty of amenities, and with all the modern comforts of a Bangkok condo, it's a fantastic place to call home. Plus, with a few tweaks, you can easily refurbish the condo and transform it into a contemporary dwelling through an interior design project.If you're looking for a prime property in Bangkok that's ready to move into and modernise, this is the one for you. Don't wait any longer and give yourself the chance to purchase this great Bangkok condo. Contact us now to enquire about this incredible opportunity!
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 Waterford Park Rama 4 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.