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The unit is a studio room on the 10th floor of 15 Sukhumvit Residences, with the size of the unit being 28sqm. The studio unit is fully furnished with a bed, a TV, a refrigerator, a washing machine, and so on. 15 Sukhumvit Residences many shared community spaces on the 7th, 8th, and 9th floors. This includes a wide swimming pool, a large gym, a clubhouse lounge, a meeting room, sauna rooms, and steam rooms. The bottom floor of the building includes a 7 Eleven convenience store, Chowpati Indian restaurant, a fitness centre, and a Korean BBQ restaurant. The condo building is 5-10 minutes away from all major spots such as NIST International School, Terminal 21, BTS Asoke&Nana, and MRT Sukhumvit. There is CCTV coverage throughout the building as well for maximum security in parking spaces and residential zones.
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 15 Sukhumvit Residences 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.