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Rhythm Sukhumvit 50 Unit number 8/308. 22nd floor. 45.5 sqm 1 bed 1 bath. Facing South. Fully furnished. Renovated and re-decorated in 2020 December Location: In the heart of Bangkok in the outer Sukhumvit area, 50 meters to the metro (BTS) On Nut station, 20 meters to Lotus's mall, 50 meters to Century Mall, and surrounded by numerous eateries and shops. Ideal location for traveling by metro - only 15 minutes to central Siam station, or by car being adjacent to the expressway. 700 meters to Wells International School and 2.5 km to Anglo-Singapore International School. Condo facilities include a large pool on the 37th rooftop floor, a fully-equipped gym together with an aerobics room, a pool table on the 37th rooftop floor, a sauna and steam room in both male and female bathrooms, gardens on the rooftop, the 6th floor and a cascade garden on the ground floor that leads down to the basement lobby, and a large lobby in the basement which can double as a co-working space.
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 Rhythm Sukhumvit 50 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.
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