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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 Prasanmitr Place 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.
Prasanmitr Place is conveniently located just 40 m from 7-Eleven, Sukhumvit 23 Branch (Prasarnmit Place) (08163), which can be reached within 1 min. by foot.
There are many other shops situated in the area of Prasanmitr Place, the 3 closest being:
- 7-Eleven Asoke is 100 m away (about 1 min. by foot)
- Young Place is 630 m away (about 8 mins. by foot)
- Prasarnmit Plaza is 200 m away (about 2 mins. by foot)
The surrounding area, where Prasanmitr Place is situated, offers a wide variety of restaurants. See the closest of them below:
- Jana's Chicken Duck Noodle Soup Sampeng Market is 30 m away (a walk of about 1 min.)
- Delicious and clean rice noodle soup in front of 7-11 is 70 m away (a walk of about 1 min.)
- HAKKA hakka fishball noodles 12 kings (TAKE AWAY / ONLINE) is 60 m away (a walk of about 1 min.)
BFC Dental Sukhumvit is the nearest health facility, which is 620 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Prasanmitr Place are:
- Kids Robotics Learning Center is 640 m away (about 8 mins. by foot)
- My Melody By Yada Sekteera is 670 m away (about 8 mins. by foot)
- Mongkonthip Kindergarten is 260 m away (about 3 mins. by foot)
Suvarnabhumi Airport is located 27.9 km from Prasanmitr Place and it takes about 31 mins. by car or taxi (depending on the traffic) to get there.