NUE Evo Ari by Noble Development

By Noble Development — 42 Storeys — 497 Residences

Location

Ari, Bangkok

Size

28–65 sqm

Ownership

Foreign Freehold

Storeys

Units

497

BTS Access

Ari BTS (200m)

About This Development

Nue Evo Ari | The Final Plot on Ari Soi 1

Nue Evo Ari is a completed 42-storey, 497-unit development by Noble Development on the last available parcel of land on Ari Soi 1, comprising a main residential tower and a separate 10-storey car park building. Units range from 28 to 65 sqm, with Ari BTS approximately 200 metres away.

Project Highlights

Rare Ari Land Parcel: Positioned on the final undeveloped plot on Ari Soi 1, with direct access to Phaholyothin Road and the expressway.
Neighbourhood Amenities: Close to La Villa Ari, GUMP's Ari, the Revenue Department, University of the Thai Chamber of Commerce and Phayathai 2 Hospital.
Saltwater Pool & Family Facilities: Saltwater swimming pool with a separate children's pool, fitness centre and multipurpose room.
Ample Parking: A dedicated 10-storey car park building providing approximately 249 parking spaces.

Available Units

Price (Starting From)	Price / sqm	Enquire
฿5,393,000 Starting from	—	Enquire
฿5,904,000 Starting from	—	Enquire
฿7,835,000 Starting from	—	Enquire
฿9,722,000 Starting from	—	Enquire

All prices are in Thai Baht (THB). Foreign freehold ownership available subject to building quota. Contact us for the latest unit availability and pricing.

Starting From

฿5,393,000

Thai Baht — Foreign Freehold

LocationAri, Bangkok

DeveloperNoble Development

Completion2025

BTS / MRTAri BTS (200m)

OwnershipForeign Freehold

Enquire About
This Property

Or email us at hello@sellingbangkok.com

Buyer’s Guide

Common Questions

Yes. Foreigners can own a condominium unit outright in their own name on a freehold basis in Thailand. There is no lease or intermediary required. The only restriction is that foreign ownership across an entire building is capped at 49% of total unit area — the remaining 51% must be held by Thai nationals. All developments on this site have foreign freehold units available, subject to the current quota status of each building.

Thai condominium law (Condominium Act B.E. 2522) allows up to 49% of the total floor area of any condominium building to be owned by foreigners on a freehold basis. Once this quota is reached in a given building, new foreign buyers must either wait for existing units to come back to market, or purchase in the Thai quota (which requires a Thai company or long-term lease structure). We verify quota availability before recommending any unit to our clients.

Most Bangkok new developments follow a staged payment structure. A typical schedule looks like this: a reservation deposit (฿50,000–฿200,000) to secure the unit, followed by a signing deposit of 10–15% within 30 days, then progress payments of 5–10% tied to construction milestones, and finally the balance (typically 70–80%) paid at transfer. Payment terms vary by developer and project — contact us for the specific schedule for this development.

The main costs at the Land Department transfer are: Transfer Fee (2% of appraised value, typically split 50/50 between buyer and seller), Specific Business Tax or SBT (3.3% of sale price or appraised value, whichever is higher — applies if the seller has owned for less than 5 years), Stamp Duty (0.5%, only applies if SBT is not payable), and Withholding Tax (varies by seller type). Use our Property Transfer Tax Calculator for a full breakdown.

Yes. As a freehold owner you are free to rent out your unit. Long-term rentals (12 months+) are common in Bangkok and straightforward to arrange. Short-term rentals (Airbnb-style) are technically subject to the Hotel Act in Thailand, though enforcement varies. Many developments in Thonglor, Ekkamai, and Sukhumvit achieve gross rental yields of 4–6% annually. Use our Rental Yield Calculator to estimate returns on any unit.

Not necessarily. The reservation and contract-signing stages can be completed remotely via email and international bank transfer. For the final Land Department transfer, you can either attend in person or grant a Power of Attorney to a trusted lawyer or our representative to act on your behalf. Many of our international clients complete the full purchase without visiting Thailand until they collect their keys.

Foreign buyers must transfer funds from overseas in a foreign currency and convert to Thai Baht upon arrival in Thailand. The receiving Thai bank issues a Foreign Exchange Transaction (FET) form — also known as a Thor.Tor.3 form — for amounts over USD 50,000. This document is essential: it proves the funds originated abroad and is required by the Land Department to register foreign freehold ownership. Always ensure the bank records the purpose as “purchase of condominium” and keep all FET forms safely.