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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 The Teak Bangna-Trad 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.
The Teak Bangna-Trad is conveniently located just 630 m from 7-eleven, Bangna-Trad, Soi 12, which can be reached within 8 mins. by foot.
There are many other shops situated in the area of The Teak Bangna-Trad, the 3 closest being:
- S&C Mart is 560 m away (about 7 mins. by foot)
- 108 SHOP is 670 m away (about 8 mins. by foot)
- Tesco Lotus Express is 650 m away (about 8 mins. by foot)
The surrounding area, where The Teak Bangna-Trad is situated, offers a wide variety of restaurants. See the closest of them below:
- Keep Together is 20 m away (a walk of about 1 min.)
- Fish Head Tom Yum in Bang Na is 140 m away (a walk of about 2 mins.)
- Pak Rua Boat Noodle Bangna Km. 2 Branch is 890 m away (a walk of about 11 mins.)
SP Animal Hospital is the nearest health facility, which is 650 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of The Teak Bangna-Trad are:
- Plearn Toy Academy is 120 m away (about 2 mins. by foot)
- Chemstar Bangkok Nautical School is 820 m away (about 10 mins. by foot)
- Kemstar Sailing School is 820 m away (about 10 mins. by foot)
Suvarnabhumi Airport is located 31.5 km from The Teak Bangna-Trad and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.