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Sale at a Loss! Olympus City Garden,Brand New Condo! View : Pool view Interior size : 24.38 SQM Ownership: Foreign Quota Contract price was 2,200,000 now sell at a loss only 1,750,000 THB Condo Pattaya | Olympus City Garden – Truly a New Way of Life. Global Top Group presents, Olympus City Garden the luxurious Mediterranean themed condominium in the Heart of Pattaya. Exquisitely designed to give clients a calming and luxurious lifestyle. Enjoy the beautiful and sculpted artistry as only seen in Rome, bringing together a romantic atmosphere, statues throughout the complex showing strength and knowledge of those who came before us. Global Top Group has been voted among the Top 10 Developers in Asia, it is our great privilege to have this popular project, surrounded by 5 pools, including the longest in Pattaya, flowing throughout the buildings with jacuzzis and saunas. Sky Gyms are located atop each building which is complemented with beautiful panoramic views as you work out enjoying the mesmerizing sunsets and sunrises. Restaurants, coffee shops, and laundry services are also conveniently located at your door step.
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 Olympus City Garden you have to follow these steps:
For Foreign Quota Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 30% 2nd Installment 8 Month Installments 50% 3rd Installment On handover 20% For Thai Quota Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment Upon contract signing 20% 2nd Installment 8 Month Installments 30% 3rd Installment On handover 50%
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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