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Make your move today and enquire on this "bangin" Novana Residence studio condo situated in Nong Prue, Chon Buri. Recently completed in May 2012, this 1 restroom unit approximates 24 SqM of contemporary luxury, perfectly suited for the discerning adult or young executive. Get what you need with this property, this "tight" entry-level opportunity could be yours for only ฿1,190,000 (฿49,583/SqM) with financing available. "Dope" rental options are also available, starting from ฿8,000 per month. Invest with confidence and take advantage of this opportunity today.
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 Novana Residence 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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