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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 Residence 52 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.
Residence 52 is conveniently located just 290 m from 7-11 Sukhumvit 52 in the middle of the alley, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Residence 52, the 3 closest being:
- 7 Eleven is 300 m away (about 4 mins. by foot)
- Seven Eleven The Phyll Sukhumvit 54 is 730 m away (about 9 mins. by foot)
- 7-Eleven is 530 m away (about 7 mins. by foot)
The surrounding area, where Residence 52 is situated, offers a wide variety of restaurants. See the closest of them below:
- Delicious restaurant is 1.0 km away (approx. 4 mins. by car)
- Chaoley Food is 990 m away (a walk of about 12 mins.)
- Aunt Mali Clean Food is 990 m away (a walk of about 12 mins.)
Public Service Center 34 is the nearest health facility, which is 1.8 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Residence 52 are:
- Sukhumvit 71 is 170 m away (about 2 mins. by foot)
- Electrical training is 890 m away (about 11 mins. by foot)
- Yoga Above@50 is 2.6 km away (an approx. drive of 9 mins.)
Suvarnabhumi Airport is located 33.3 km from Residence 52 and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.