Noble NUE Ratchada-Latphrao

Highlights

Floor Plan

• Ground Floor
• 6th Floor
• 7th-33rd Floor
• 34th Floor
• 35th Floor

FAQs

• Can foreigners own real estate in Thailand? What is overseas share?

  Yes, foreigners are eligible to purchase real estate in Thailand. However, the Thai law stipulates that 51% of the construction area of each project should be owned by Thai locals, and only up to 49% of the construction area can be sold to foreigners.

• What is the procedure of purchasing properties in Thailand? Are lawyers needed?

  The procedures of purchasing a condominium in Thailand are very simple. Buyers are requested to provide a valid passport and relevant personal data. Buyers will be assisted by the developers’ staff in the entire buy process, including the signing of a SPA (Sales and Purchase Agreement).
  
  The purchase of a condominium in Thailand does not require a lawyer’s help. However, if the buyer needs a lawyer to assist in handling related matters, then all the corresponding costs will be borne by the buyer directly as additional payments.

• What are the taxes involved in a property buy and sale process in Thailand?

  When buying a first-hand condominium, foreigners are required to pay a transfer fee of 2% (buyers and sellers are responsible for 50% of the total charge), without any other charges.
  
  If you would like to sell the condominium within 5 years, the buyer will be required to pay an additional of 3.3% VAT.
  
  If the property has been transferred for more than 5 years, the buyer will only be required to pay an additional of 0.5% VAT.

• What after-sales services does your company provide?

  Our company’s property letting management company – SERVE is responsible for a series of after-sales services, including tenant selection, rental management, property resale and home furnishings.

• What is the estimated material date of this project? Are there any charges when the property is handed over to buyers?

  The estimated material date of Noble Nue Ratchada Lat-phrao is in the Q1 of 2024.
  
  In addition to the final payment, the following fees must be paid when the property is handed over, including:
  
  - 2% transfer fee (buyers and sellers are responsible for 50% of the total charge)
  - Property management fee (prepayment of the fees of the first two years, will be charged once annually) THB55/sq.m./ month
  - Maintenance Fee (one-off payment) THB600/sq.m.

• What is the payment process?

  What is the payment process?
  
  The payment process of Noble Nue Ratchada Lat-phrao
  
  Deposit: TBH 100,000
  The first payment should be settled within 14 days after the deposit has been made, 15% must be paid and the contract must be signed. Another 15% must be paid within 45 days after the signing the contract, which makes a total of 30%.
  
  Final payment: 70% of the full payment when the property is handed over.

• Are parking spaces provided? Will I be charged for using public amenities?

  According to the laws of Thailand, all condos in Thailand are required to provide parking spaces. Noble Nue Ratchada Lat-phrao provides approximately 40% of parking spaces and one parking lot for residents. The management fee includes the fee of using public amenities such as swimming pool and gymnasium; residents are able to enjoy these amenities for free.