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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 Urban Maerim you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 10% 2nd Installment On handover 90%
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.
Urban Maerim is located 1.3 km away from 7-Eleven PTT Mae Rim and it can be reached within 3 mins by car.
There are many other shops situated in the area of Urban Maerim, the 3 closest being:
- Wanpen Handycraft Shop is 2.2 km away (an approx. drive of 4 mins.)
- Tang Dee Auto Parts Mae Rim is 1.6 km away (an approx. drive of 3 mins.)
- Kan Kao Pet Shop is 1.6 km away (an approx. drive of 3 mins.)
The surrounding area, where Urban Maerim is situated, offers a wide variety of restaurants. See the closest of them below:
- N THRÉE is 270 m away (a walk of about 3 mins.)
- Tam Loei Subdistrict is 580 m away (a walk of about 7 mins.)
- Lamun is 730 m away (a walk of about 9 mins.)
Jirung Health Village is the nearest health facility, which is 1.8 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of Urban Maerim are:
- Mae Rim Witthayakhom School is 930 m away (about 12 mins. by foot)
- Mae Rim High School is 1.6 km away (an approx. drive of 4 mins.)
- Thi Ra Wattha Bamphen School is 2.5 km away (an approx. drive of 4 mins.)
Chiang Mai International Airport is located 21.3 km from Urban Maerim and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.