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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 Elysium Residences you have to follow these steps:
TQ/Company Installment Milestone Payment Reservation Deposit Immediately ฿100,000 1st Installment Upon contract signing 20% 2nd Installment On handover 80%
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.
Elysium Residences is conveniently located just 130 m from 7-Eleven, which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Elysium Residences, the 3 closest being:
- Seven Phratamnak Soi 5 is 1.5 km away (an approx. drive of 4 mins.)
- Cambodi old company is 2.1 km away (an approx. drive of 6 mins.)
- MOOK THAI MASSAGE is 1.9 km away (an approx. drive of 5 mins.)
The surrounding area, where Elysium Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- Wan Pen Restaurant is 240 m away (a walk of about 3 mins.)
- Wan Phen Restaurant is 220 m away (a walk of about 3 mins.)
- Sakura House Cuisine is 230 m away (a walk of about 3 mins.)
Dong Dong Pharmacy HH is the nearest health facility, which is 2.3 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Elysium Residences are:
- Finnish school in Pattaya is 2.0 km away (an approx. drive of 5 mins.)
- Learn German Pattaya is 1.9 km away (an approx. drive of 5 mins.)
- pattaya muay thai gym is 2.7 km away (an approx. drive of 7 mins.)
APAS Co., Ltd. is located 3.4 km from Elysium Residences and it takes about 9 mins. by car or taxi (depending on the traffic) to get there.