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This property offers a great chance to make a sound investment by acquiring a 27.50 SqM unit at the Laguna Beach Resort 3 - The Maldives. A studio condo completed in June 2017, it benefits from a bathroom and offers potential owners the chance to own a unit in one of the highly sought-after projects in Nong Prue, Chon Buri. With a base price of ฿1,650,000 (฿60,000/SqM), it won't be on the market for long, so buyers should act quickly to secure the opportunity of a lifetime! Don't miss out on this great chance to own an affordable condo at an excellent price.
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 Laguna Beach Resort 3 - The Maldives you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿20,000 1st Installment 10 days after contract signing 15% 2nd Installment On handover 85% Installment Milestone Payment Reservation Deposit Immediately ฿20,000 1st Installment 10 days after 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.
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