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Property Overview: Experience comfortable urban living in this well-maintained 1-bedroom condo with air conditioning located in the heart of Bangkok's Chatuchak district. Situated within the Chokchai Ruammit Condominium, this unit offers both convenience and value. Key Features: Size: 50 sq.m. Bedrooms: 1 Bathrooms: 1 Floor: 14th Furnishing: Fully furnished View: Cityscape Location Highlights: Address: 399 Vibhavadi Rangsit 16/5 Alley, Chomphon, Chatuchak, Bangkok Nearby MRT Stations: Ratchadaphisek (approx. 1.5 km), Phahon Yothin Shopping & Dining: Close to Union Mall, Central Ladprao, and various local eateries Accessibility: Easy access to Ratchadaphisek and Vibhavadi Rangsit roads
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 Chokchai Ruammit 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.