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Enquire today on this remarkable studio condo in Thailand's highly-coveted Nong Prue location! This extraordinary 26.70 SQM property - a part of the Rising Place Pratumnak project - represents the ideal opportunity for any savvy investor wishing to leverage the tremendous growth potential of this dynamic part of the world. Exuding unassuming sophistication and effortless style, this studio condo offers 1 bathroom and clean finishes throughout, each sure to facilitate a subtle yet impressive touch of class to the residence. Providing quality as a priority, this modern residence was completed in June 2019 and is available now for purchase at a tempting ฿2,610,000 base price - making it a truly profitable purchase at an unbeatable 97,753 per SQM! Seize this splendid offering now!
Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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 Rising Place Pratumnak 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.
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