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2 Beds 2 Baths – Apartment for Rent/Sale Siamese Ratchakru Condo Phaholyothin Road, Phaya Thai, Bangkok 10400, Thailand Owner Post – Agents Welcome! Ready-to-move-in condo available now! Minimum 1-year lease only (Short-term 6-month rentals not accepted) Fully furnished unit at Siamese Ratchakru Condo, newly renovated and equipped with all electrical appliances. ▸ Floor: 26th ▸ Size: 62 sq.m. • Beautiful room with stunning views ▸ 2 Bedrooms, 2 Bathrooms • 1 Parking space included (Transfer fee 50/50) (Minimum 1-year lease) ⸻ Project Details: Siamese Ratchakru is a 27-storey high-rise condominium located at 1077 Phaholyothin Road, Phaya Thai. Conveniently located near BTS Sanam Pao and BTS Ari stations. Facilities: ▸ Swimming Pool ▸ Fitness Center ▸ Parking ▸ 24-Hour Security with Keycard Access, CCTV, and Guards The neighborhood around Ari and Ratchakru is known for its charming cafés and vibrant lifestyle.
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.
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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 Siamese Ratchakru 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.