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Metro Jomtien Condotel 210 SQM Penthouse For Sale | Foreign ownership
The condo is located on Jomtien Beach just 20 meters from the beach. Nice penthouse condo (210 sqm) modern style , A/C conditioned , European kitchen with all equipment , 2 bedrooms & 3 bathrooms with shower, cabinet and washing machine,open plan living room,large balcony with full seaview 180°. Property details : Type : Penthouse ( 2 Bed & 3 Bath ) Floor : 40/41st Interior size : 210 SQM View : Direct Sea View Furniture : Fully furnished Ownership : Foreign name Transfer fee : 50/50. Facilities : Fitness, Swimming Pool, tennis, squash, sauna, snooker, Laundry Service 24/24, Restaurant, Mimimart / Coffee Shop, CCTV, Security 24 hours, parking.
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 Metro Jomtien Condotel 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.