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Fully furnished studio apartment located on the 7th floor of the One Tower Pratumnak, a luxury condominium project in Nong Prue, Pattaya. The unit has an area of 30.15 SQM. with stunning sea views and is under foreign ownership. a good deal considering the location, facilities, and quality of the project. The building offers deluxe amenities, including a rooftop swimming pool, fitness center, and clubhouse, among others. The project is also environmentally friendly and is located within walking distance of Dongtan Beach and Paradise Beach, as well as many shops and restaurants.
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 One Tower Pratumnak 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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