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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 Ratchadakarn 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.
Ratchadakarn is conveniently located just 550 m from 7-Eleven, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of Ratchadakarn, the 3 closest being:
- FamilyMart is 550 m away (about 7 mins. by foot)
- 7-Eleven is 480 m away (about 6 mins. by foot)
- Tesco Lotus Express Vibhavadi Branch 16/22 is 910 m away (about 11 mins. by foot)
The surrounding area, where Ratchadakarn is situated, offers a wide variety of restaurants. See the closest of them below:
- Delicious papaya salad is 40 m away (a walk of about 1 min.)
- Tum Je by DJ Je Ma'am is 40 m away (a walk of about 1 min.)
- Tum Elee Shop is 40 m away (a walk of about 1 min.)
bangkokskinnclinic is the nearest health facility, which is 640 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Ratchadakarn are:
- Dreamers Academy (Nice Building 1) is 350 m away (about 5 mins. by foot)
- MTI is 330 m away (about 4 mins. by foot)
- Perfect Angel's Language and Personal Development School, Aum Um's Personality and Language Development School is 370 m away (about 5 mins. by foot)
Suvarnabhumi Airport is located 29.7 km from Ratchadakarn and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.