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Bang Rak Condo $1,728,000
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№ 2,216,391

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2 bed Condo in The Ritz-Carlton Residences at MahaNakhon Bang Rak District

$1,728,000

Bedrooms
2
Bathrooms
2

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Features

1 floor

This Condo is located in Bang Rak District which is part of Bang Rak District in Bangkok — was completed in 2015. This Condo is 126 m² with 2 bedroom(s) and 2 bathroom(s). This unit is held in Foreign ownership. It comes with a list price of ฿ 60,000,000 which equates to ฿ 476,190 per m² The Ritz-Carlton Residences at MahaNakhon is located near BTS Chong Nonsi. It has a nice Open Pool. The Condo comes Fully Furnished with a City View. This unit comes with parking.

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Olga Pasikova

Real Estate Expert Tranio in Bang Rak

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FAQs

Can I get a mortgage to buy apartments in Thailand?

Thai banks do not provide mortgage loans to buy apartments in Thailand to non-residents. Moreover, foreign nationals can’t get a bank loan for any purpose.
How does the procedure of buying apartments in Thailand work?

The procedure of buying apartments in Thailand is as follows: after choosing a property, you need to conclude a preliminary agreement with the seller, make an advance payment, and then start checking the compliance of the property (relevant documents and technical condition). After that, all parties sign the contract of sale of apartments and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
Can a residence permit be obtained by buying apartments in Thailand?

Thailand does not issue residence permits as such, but different types of long-term visas do officially entitle to long-term stays in the country: such as investment, work and retirement visas. To get a long-term visa in Thailand with the possibility of extension when buying a apartments, you must spend at least 10 million baht (about $316,000).
Can I make income by renting out real estate in Thailand?

Apartments in Thailand is in great demand among tourists and buyers. The season here lasts all year round, so you can earn money by renting out apartments.

There are many projects with guaranteed returns of 7–10%. Management companies provide full property maintenance service. You can also use your apartments as a holiday home for 2–4 weeks a year without losing income.
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