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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 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 Waterford Park Thonglor 5 is conveniently located just 430 m from 7-Eleven, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of The Waterford Park Thonglor 5, the 3 closest being:
- Easyshoppingbymena is 390 m away (about 5 mins. by foot)
- 953 Community Mall is 290 m away (about 4 mins. by foot)
- Makro food service is 420 m away (about 5 mins. by foot)
The surrounding area, where The Waterford Park Thonglor 5 is situated, offers a wide variety of restaurants. See the closest of them below:
- Sushi Kanda is 20 m away (a walk of about 1 min.)
- Teppan France Kanda is 20 m away (a walk of about 1 min.)
- Tempura Kanda is 30 m away (a walk of about 1 min.)
4bclinic is the nearest health facility, which is 300 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of The Waterford Park Thonglor 5 are:
- Bangkok kindergarten is 380 m away (about 5 mins. by foot)
- Bangkok Yoshien Nursery is 370 m away (about 5 mins. by foot)
- Bangkok Language School is 470 m away (about 6 mins. by foot)
Suvarnabhumi Airport is located 26.0 km from The Waterford Park Thonglor 5 and it takes about 30 mins. by car or taxi (depending on the traffic) to get there.