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5-Star Condominium Complex with 104 units and full Hotel Service Management. European Management takes care of the rental. Very convenient for overseas investors. The 1 Bedroom Suite is on the 6th floor (from 8 floors) and is situated with a nice view of the city . Very quiet and peaceful place within a few minutes and you are in the middle of the nightlife’s and shopping malls . Luxury furnished - Brand New ! Location : Center Pattaya - Arunothai Road next to LK Legend View : Pool & City Views Floor: 6 Furnished : Fully Interior size : 36 Sqm
Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.
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 Maxx Central Condotel 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.