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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 Ratchada Orchid 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.
Ratchada Orchid is conveniently located just 460 m from 7-Eleven, which can be reached within 6 mins. by foot.
There are many other shops situated in the area of Ratchada Orchid, the 3 closest being:
- Saitprit Panit is 650 m away (about 8 mins. by foot)
- 7-Eleven is 470 m away (about 6 mins. by foot)
- 7-Eleven is 2.3 km away (an approx. drive of 2 mins.)
The surrounding area, where Ratchada Orchid is situated, offers a wide variety of restaurants. See the closest of them below:
- Kurobuta is 10 m away (a walk of about 1 min.)
- Kitchen is 0 m away (a walk of about 1 min.)
- Side Resort 327 is 210 m away (a walk of about 3 mins.)
Golden Year Hospital is the nearest health facility, which is 410 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Ratchada Orchid are:
- The Moons in ME is 520 m away (about 6 mins. by foot)
- BrightTime is 540 m away (about 7 mins. by foot)
- WANNA B CREW is 530 m away (about 7 mins. by foot)
Suvarnabhumi Airport is located 29.7 km from Ratchada Orchid and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.