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This fully furnished studio room at Riverside Condominium Chiang Mai offers a spacious and comfortable living space, ready for immediate move-in. It is located on the 3rd floor and boasts 45.89 sq.m of habitable living space. The room features a walk-in shower cubicle, a kitchen area with ample storage, a fridge, a microwave, an electric hob and an extraction fan. The balcony overlooks the condominium's swimming pool. In addition, the condominium is equipped with air conditioning, key-card access, 24/7 security, and a manned reception. Other facilities include a swimming pool and parking. The Riverside Condominium is situated next to the Mae Ping River and the Centara Riverside Hotel, and Rajavej Hospital is just around the corner. The city centre is only a short drive away.
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 Chiang Mai Riverside Condominium 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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