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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 The Rise Residence 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 Rise Residence is conveniently located just 590 m from 7-ELEVEN | 16699 PTTOR Hat Yai - Chong Khao, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of The Rise Residence, the 3 closest being:
- Gift Phone iPhone repair Mobile phone repair Hat Yai is 160 m away (about 2 mins. by foot)
- Idol Design is 280 m away (about 3 mins. by foot)
- Baby world is 440 m away (about 5 mins. by foot)
The surrounding area, where The Rise Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Ancient grilled pork is 70 m away (a walk of about 1 min.)
- 9 shabu, Khlong Rian Branch is 190 m away (a walk of about 2 mins.)
- Spicy Isaan Tam Nua is 100 m away (a walk of about 1 min.)
Boonjing Phisut Clinic is the nearest health facility, which is 560 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of The Rise Residence are:
- Udomsuksa Phanitchayakan Technological College is 350 m away (about 4 mins. by foot)
- Separate Udomsuksa Technological College of Commerce is 380 m away (about 5 mins. by foot)
- Teacher Mei's House is 290 m away (about 3 mins. by foot)
Hat Yai International Airport is located 18.0 km from The Rise Residence and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.