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This is an opportunity to take over an existing contract below current market price.
You can purchase this contract for THB 1,250,000 + transfer fees and then continue the installment payments of around THB 450,000 every 5 months, until completion in in Q4 of 2024.
This spacious 1-bedroom, 1-bathroom apartment spans across 29 square meters and is located on the 43rd floor.
The building offers a wide range of exceptional facilities, including an indoor badminton court, pool and table tennis facilities. You can also enjoy a fully equipped, two-storey fitness center, a yoga club with a serene Zen relaxation zone, and an onsen health spa. The property features infinity walkways, rooftop and ground floor swimming pools with wave machines, and beautiful artificial beach areas. The surroundings are adorned with luxurious landscaping, and there is a dedicated kids playground. Additionally, multiple floors of underground parking with access-controlled entry and exit are available. The building boasts grand hotel-style lobbies, a business lounge, poolside restaurants, and a variety of convenient commercial facilities such as massage, supermarket, and laundry services. For added exclusivity, there is VIP 'red carpet' supercar parking. To top it off, there is a rooftop sky bar with a gourmet restaurant and cocktail lounge, providing stunning views.
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, you have to follow these steps:
Installment Milestone Payment Deposit Immediately ₿0.042 1st Installment Upon contract signing 25% 2nd Installment 5 Month 11% 3rd Installment 10Month 11% 3rd Installment 15 Month 11% 4th Installment 20 Month 11% 5th Installment 25 Month 11% 7th Installment On completion 20% Installment Milestone Payment Reservation Deposit Immediately ₿0.042 1st Installment Upon contract signing 15% 2nd Installment 5 Month 5% 3rd Installment 10 Month 5% 4th Installment 15 Month 5% 5th Installment 20 Month 5% 6th Installment 25 Month 5% 7th Installment On completion 60%
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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