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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 Lumpini Place Rama VIII 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.
Lumpini Place Rama VIII is conveniently located just 440 m from 7-ELEVEN, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of Lumpini Place Rama VIII, the 3 closest being:
- 7-Eleven Mansion is 450 m away (about 5 mins. by foot)
- 7-Eleven is 290 m away (about 4 mins. by foot)
- 7-Eleven Rama VIII Bridge Branch 2 point is 430 m away (about 6 mins. by foot)
The surrounding area, where Lumpini Place Rama VIII is situated, offers a wide variety of restaurants. See the closest of them below:
- Red door porridge is 140 m away (a walk of about 2 mins.)
- Beeru is 60 m away (a walk of about 1 min.)
- BARRAM 8 is 60 m away (a walk of about 1 min.)
Nakhon luang medical is the nearest health facility, which is 980 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of Lumpini Place Rama VIII are:
- First step, Nursery is 220 m away (about 3 mins. by foot)
- Bang Yi Khan Wittayakhom School is 710 m away (about 9 mins. by foot)
- Bangyikhan Witthayakhom School is 710 m away (about 9 mins. by foot)
Suvarnabhumi Airport is located 38.0 km from Lumpini Place Rama VIII and it takes about 44 mins. by car or taxi (depending on the traffic) to get there.