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Ready to move in, selling down payment at a loss. New Condo Blue Sukhumvit 89, 3rd floor, Building B, cheaper than the project, obvious profits. 1 bedroom, 1bathroom, size 24 sq m. The room is not hot, wind blows flow with comfortable all day long. The view of trees and buildings is not blocked. The project is close to the BTS Sky train. The project is halfway between 2stations, only 500 meters from both On Nut Station. and Bang Chak Station Fully Furnished(leading furniture brand from Chic Republic) Free kitchen counter, shoe cabinet, wardrobe, dining table, sofa side table, dining chair, 5foot bed and sofa, blackout curtains, 2 air conditioners, electric stove, range hood, sink and Digital Door lock Selling down payment at a loss, price only 179,000 (including the seller has paid the contract + all down payment), leaving a net balance of 1,961,000baht. The contract price is 2,189,000 Thai baht, but you can buy only 2,140,000 Thai baht and the current price starts at 2.49 million Thai baht
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 Blue Sukhumvit 89 you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Immediately 100%
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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