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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 V Residence 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.
V Residence is conveniently located just 610 m from 7-11 - Payap University, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of V Residence, the 3 closest being:
- 7-Eleven is 800 m away (about 10 mins. by foot)
- 7-Eleven is 2.4 km away (an approx. drive of 2 mins.)
- 7-Eleven is 2.0 km away (an approx. drive of 7 mins.)
The surrounding area, where V Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Brownie Steak & Bakery is 30 m away (a walk of about 1 min.)
- Shabu Kinini is 20 m away (a walk of about 1 min.)
- Shabu Kinini is 20 m away (a walk of about 1 min.)
Reun Hattha Pirom is the nearest health facility, which is 4.2 km away (you can drive there in 10 mins.) from the project, while the closest schools in the proximity of V Residence are:
- Institute of Religion, Culture and Peace is 160 m away (about 2 mins. by foot)
- Payap University International College is 330 m away (about 4 mins. by foot)
- Sirindhorn Learning Resource Center is 380 m away (about 4 mins. by foot)
Chiang Mai International Airport is located 17.8 km from V Residence and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.