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"Introducing your chance to buy a little slice of paradise in the bustling cityscape of Bangkok – the PITI SUHUMVIT 101 project. Aptly named for its geographical location, this chic condominium will have you living in the enviable neighborhood of Bang Chak, with all its thoughtful mod-cons and exciting locals.This stylish new construction is a modernized 63.41SqM condo that comes with two bedrooms and two bathrooms, and is available for sale now. Whether you're looking for a practical family home, a bustling bachelor pad, or a sensible investment, this stunning condo is the perfect response to your needs.You can now own your own piece of Bang Chak realty with the base price of ฿10,790,000 (฿170,162/SqM). Situated in a safe, charming community and close to buzzing locations, life doesn't get much better than this.PITI SUKHUMVIT 101 combines style and convenience in equal measure. Imagine it – a luxurious hot tub for those lazy days spent lounging in luxury, view balconies for romantic drinks at sunset, and interior decor that oozes personality. With the completion date of Jun 2022 this could be your city hideaway, yet with all the amenities that give you city living at its best.You're only one thought away. Enquire about this amazing condo and make the grand urban experience of PITI SUKHUMVIT 101 a part of your life. With prices this reasonable, why wait?"
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 PITI SUKHUMVIT 101 you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 30% 2nd Installment On handover 70%
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.