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Wake up in your own little piece of tranquility and experience a touch of luxury in Bangkok! This exquisite two-bedroom, two-bathroom condo is now available in the sought-after Master Sathorn Executive project. Built with passion in January 2006, this 70-sqm property offers size, convenience, and modern comfort.Just imagine waking up each and every morning in your very own urban oasis in the beautiful and vibrant city of Bangkok. You'll be able to enjoy the privilege of living in a serene contemporary environment while basking in the privilege of quick and easy access to the hustle and bustle of the Thai capital.This property offers a unique opportunity for potential homeowners as well as those interested in gaining an exciting and potentially lucrative rental income.
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%.
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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 Master Sathorn Executive 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.