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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 5 Chang Palace 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.
5 Chang Palace is conveniently located just 250 m from 7-Eleven Branch 6717, which can be reached within 3 mins. by foot.
There are many other shops situated in the area of 5 Chang Palace, the 3 closest being:
- Aladin Plaza is 590 m away (about 7 mins. by foot)
- Central Ramindra is 1.9 km away (an approx. drive of 5 mins.)
- M Plus Outlet Company Limited is 4.3 km away (an approx. drive of 10 mins.)
The surrounding area, where 5 Chang Palace is situated, offers a wide variety of restaurants. See the closest of them below:
- Northeast girl is 350 m away (a walk of about 4 mins.)
- Luk Thung Kitchen Around Thailand is 180 m away (a walk of about 2 mins.)
- Yum Han Maury Shop is 180 m away (a walk of about 2 mins.)
bangkok central medicare is the nearest health facility, which is 1.3 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of 5 Chang Palace are:
- Booster Coffee Education is 950 m away (about 12 mins. by foot)
- Pramochwithaya Raminthra School is 2.5 km away (an approx. drive of 6 mins.)
- Grand Ramintra Soi5 is 1.6 km away (an approx. drive of 5 mins.)
Suvarnabhumi Airport is located 30.7 km from 5 Chang Palace and it takes about 37 mins. by car or taxi (depending on the traffic) to get there.