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The Royal River Place is a two-bedroom, two-bathroom condominium located in the vibrant Bang Phongphang area of Bangkok. This property, which was completed in December 1996, offers 163 square meters of uncrowded comfort and charm.This Thailand condominium property offers great value to prospective buyers. Despite its thriving downtown location, the condo's base price of 11 million THB (67,485 THB/sqm) provides an attractive opportunity for those looking to invest in Bangkok property.The two bedrooms and two bathrooms make the condominium perfect for young couples and small families. Additionally, with more than 163 sqm to work with, the space offers plenty of room for customization, allowing you to tailor your new space to fit your unique lifestyle and imagination.The River Place development brings an array of amenities to the area, ensuring that you won't have to go far for entertainment, shopping, and dining. The on-site swimming pool, gym, and sauna provide plenty of leisure activities for active dwellers, and the 24-hour security around the complex guarantees maximum security for all.If you are looking for a reasonably priced Thai condo with convenient access to bustling downtown Bangkok, then this 163-square-meter condominium at the Royal River Place is the ideal option. With its two bedrooms and two bathrooms, ample space, modern amenities, and friendly neighbourhood, this is a purchase that won't soon be forgotten.
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 Royal River Place 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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