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Luxury 1-bedroom condo in Pratumnak, Pattaya A very well-planned, high-quality condo that gives a great feeling of luxury. The condo has 1 bedroom, 1 bathroom and a living room with kitchen in an open floor plan. The living room is connected to a balcony with fantastic views over the sea and beach, marked by tall windows from floor to ceiling. But even the bedrooms have great views from their windows. Freehold (foreigner quota): Size 54 sqm with prices from 7,696,000 Baht. Thai quota: They are available in two sizes 34 sqm with price from 4,375,000 Baht and 54 sqm with price from 7,542,000 Baht. These condominiums can be owned by Thai and by foreigners through companies. The condos are fully furnished according to pictures, but without decorations. An equipment package with TV, fridge / freezer, washing machine and microwave can be purchased, at a discounted price. The monthly fee is 2,950 Bath / month, which must be paid 2 years in advance in connection with the purchase. In addition, a fee of 32,150 baht must be paid upon purchase to a repair fund. The condo is located in the Andromeda complex. A building with 216 apartments on 35 floors. The building consists of 2 adjoining buildings where the front has 25 floors and the rear 35 floors. Pratumnak is a district between Pattaya and Jomtien that has a mountain known for its expansive sea views. The Andromeda complex is located on the slope down to the beach. Near Andromeda there are numerous attractions such as the fine and popular sandy Cozy Beach, Thailand's premier sailing center Royal Varuna Yacht Club (www.varuna.org), Big Buddha Hill, Queen Sirikit Park, as well as many shopping and dining venues. U Tapao International Airport, which is now expanding at breakneck speed, is only a 45-minute drive away. To Suvarnabhumi Airport outside Bangkok it is, the double distance. For the monthly fee you have access to a range of communal facilities such as an infinity swimming pool on the roof of the front building on the 24th floor with a majestic open sea view competing with five star options, a climate controlled fitness center with panoramic views, panoramic spa pool with sauna, several meeting rooms, library, cinema / games room, and several gardens. The building has 24 hour CCTV, fully developed security system, alarm system, arrival control and door lock system. The building has 3 lifts lasting 2 for people and 1 for firefighters.
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 Andromeda 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.